Fincantieri has joined the United Nations Global Compact, the world’s largest business sustainability initiative, first proposed by former UN secretary general Kofi Annan at the World Economic Forum in Davos in 1999.
Since its foundation in 2000, nearly 10,000 companies from more than 160 countries have joined the action, creating a new organisation of global cooperation on sustainability.
The voluntary initiative requires members to support a set of 10 universal principles regarding human rights, labour, the environment and the fight against corruption by promoting long-term sustainability values through political actions, business practices, social and civil behaviour.
“With this important step Fincantieri becomes the largest shipbuilder, and the first in the cruise sector, to adopt the Global Compact principles in its strategy,” said Guiseppe Bono, CEO of Fincantieri. “The most complex challenge that a large company like us can face is modelling its own culture, that is the vision with which we face the daily commitments on several fronts. We strongly believe that corporate sustainability is an essential instrument to create long-term value, especially from a multi-stakeholder point of view, such as the one that will prevail in the near future.”
Fincantieri has already undertaken initiatives in sustainability which meet the Sustainable Development Goals (SDGs), set out in the 2030 UN Agenda; namely in the promotion of a culture of sustainability, a responsible supply chain, involvement of employees, constant improvement of health and safety at work, support of technological innovation, maintaining customer satisfaction and loyalty, continuous dialogue and support of local communities, reducing environmental impacts and contributing to the fight against climate change.