22Jul-2020

Publication of the Voluntary Consolidated Non-Financial Statement 2019

Another year has passed.

Observing the global steel industry, 2019 showed signs of weakness that were amplified at the beginning of 2020, when the pandemic caused by the Covid-19 virus caused a social and medical emergency, in addition to production stoppages.

Given this context, every European country must be seriously committed not only to implementing actions that foster economic recovery, but to do so in line with the objectives of the European Green New Deal, presented by the President Ursula Von der Leyen and approved by the European Commission.

In reality the Feralpi Group is aware that the route to a sustainable future also requires the decarbonisation of the production system. The new European targets to tackle climate change, including energy transition, must correlate with those of competitiveness in the manufacturing system and industrial development opportunities, consistent with the need to create an industry with no impact on the climate by 2050.

2019 was a significant year for the Group in terms of commitment and sustainability. We defined the seven strategic pillars that will guide our progress in the coming years, and help us to achieve 6 of the 17 goals set out by the United Nations in the 2030 Agenda.

The latest document reports the Group’s financial and non-financial performance in 2019 and, as every year, meets the international guidelines of the Global Reporting Initiative. It has been drawn up voluntarily in accordance with legislative decree 254/2016, and is the first Non-Financial Report produced by the Feralpi Group. Adapting to legislative requirements has been a natural step for Feralpi in its aim to reinforce its ongoing commitment to topics that are increasingly considered to be strategic in national and international plans and agendas. We made this voluntary decision for the 10th edition of the sustainability report, with the aim of providing our stakeholders with maximum transparency.

Download the Consolidated Non-Financial Statement (link to PDF)

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