SUSTAINABILITY REPORT CONSOLIDATED NON-FINANCIAL DISCLOSURE PREPARED PURSUANT TO LEGISLATIVE DECREE 254/2016 2020 2 Connected to tomorrow! Ideas, people and values THE SUSTAINABILITY REPORT HAS BEEN TRANSLATED INTO ENGLISH SOLELY FOR THE CONVENIENCE OF THE INTERNATIONAL READER. IN THE EVENT OF CONFLICT OR INCONSISTENCY BETWEEN THE TERMS USED IN THE ITALIAN VERSION OF THE DOCUMENT AND THE ENGLISH VERSION, THE ITALIAN VERSION SHALL PREVAIL, AS THE ITALIAN VERSION CONSTITUTES THE OFFICIAL RECORD 2020 Sustainability Report 1 CONTENTS 2 Letter to Stakeholders 4 Methodological note THE ASTM GROUP OUR RESPONSIBILITY TOWARDS 01 AND SUSTAINABILITY 04 THE ENVIRONMENT 10 The ASTM Group 131 Management of Environmental Issues 24 Stakeholder Map 132 Use of Resources and Materiality Analysis 138 Waste 28 Corporate Governance, Internal Audit 140 Noise Management and Risk Management System 141 Protection of the Local Area, Reduction 42 Management of the Covid-19 of Land Use and Protection of Biodiversity Epidemiological Emergency 48 Group Climate Strategy 05 FOCUS OUR RESPONSIBILITY 148 EcoRodovias 02 TOWARD LOCAL AREAS 61 Economic Value Generated and Distributed 66 Impact Measurement 70 Supply Chain 06 ANNEXES 74 Motorway Infrastructure Management 152 Table of the Boundary of material 94 Donations and Sponsorships topics for the ASTM Group 154 GRI Content Index OUR RESPONSIBILITY 03 TOWARDS PEOPLE 162 Independent Auditor’s Report 99 People 107 Diversity and Inclusion 113 Remuneration and Benefits 117 Human Capital Development 121 Health and Safety Some pictures were taken prior to the start of the COVID-19 pandemic. 2 LETTER TO STAKEHOLDERS well as on business operations. Aware of our mission, as we managed the motorway network under concessions we guaranteed all user services in terms of the road network, while continu- ing maintenance projects and investment activities which could be postponed as they served to raise the safety and quality levels of infrastructure. We are an important part of the communities in which we work and live and we're proud that we contributed to dealing with the Covid-19 emergen- cy, allocating specific funds for the Piedmont Re- gion as well as donating equipped ambulances to Dear Stakeholders, the Italian Red Cross. it’s not easy to start the ASTM Group's 2020 Sus- We also are a community based on respect for peo- tainability Document without taking into account ple, for safety and on constant attention to our cli- the exceptional and extraordinary events which af- ents. Because we want all of us to grow together. fected the entire world during the last year. We're proud of the work we have completed up to 2020 can only be defined as an “annus horribilis”: now but we want to do more and are also proud the year of the Covid-19 epidemiological emergen- of the significant recognition which came our way cy that overturned our habits, the way we organ- during the year. ise our life and work, all way heavily impacting the The independent Standard Ethics raised the ASTM world economy and that of our country. rating to “EE” (strong), considering the Group's re- We learned a new way to of working, physically sponsible and sustainable behaviour, fully invest- more distant, but virtually connected learning how ment grade, and confirmed an “EE+” positive out- upheaval can give rise to an opportunity. look (very strong). Despite the difficulties, we demonstrated truly ex- We found ourselves on the Carbon Disclosure traordinary resilience, achieving important results in Project (CDP) A List for the first time, thanks to our all the sectors in which we work and finalising oper- commitment to fighting climate change, one of the ations of great import and significance, which will Group's primary objectives, integrated into our risk change the face of our Group in coming years, as management model and medium/long-term strat- we become ever more a global player in the motor- egies. way infrastructure sector. We were included on the Bloomberg 2021 Gender All of this was the result of the efforts of our unique Equality Index, for our commitment to implement- team, combining the skills and know-how of the ing gender parity policies and to promoting an ever people on it. more inclusive and equitable working environment, where diversity is considered important for success I cannot help but highlight how, in the face of the and growth. emergency we all lived through, we demonstrat- ed the strength and structure of our organisation, We also further demonstrated our commitment and adopting prevention and containment measures in determination in protecting human rights through- line with directives issued by national and local au- out the world by signing the “Human Rights Guide” thorities to mitigate the impacts of the pandemic on published by the World Business Council for Sus- the health of our employees and collaborators, as tainable Development. 2020 Sustainability Report 3 The pandemic accelerated a profound rethinking of We will continue to do our part, investing in tech- the paradigms behind the industrial and financial nology, safety and the environment, to build the system, further centring social and environmental motorways of the future. issues. This is a strategic change that must push us The challenges that await us require a clear vision even further towards understanding the centrality of the future. of these issues, which are a true intrinsic value for our Group. A future that we want to image will be increasingly green, without inequality, more sustainable, more In a national and international scenario that in- modern and more people centred. creasingly focusses on objectives linked to the is- sues of the ecological and energy transition, social Enjoy your reading! inclusion and digitalisation/technology, the ASTM Group intends to accelerate its pursuit of the Sus- tainable Development Goals (SDSs), established Umberto Tosoni through the UN's Agenda 2030. Chief Executive Officer 4 METHODOLOGICAL NOTE This consolidated non-financial disclosure (“NFD” or reference was also made to the “Ten Principles” of “Sustainability Report”) of ASTM S.p.A. (“ASTM” or the United Nations Global Compact (UNGC), ISO the “Company”) and its wholly consolidated subsid- 26000:2010 (International Organization for Stand- iaries (“ASTM Group” or “Group”) at 31 December ardization) and Guidelines on Non-Financial Re- 2020 describes initiatives and main results in terms porting of the European Commission. of sustainability performance relative to the period from 1 January to 31 December 2020 and complies The data and information included in the NFD refer with provisions in articles 3 and 4 of Italian Legislative to all companies within the ASTM Group scope of Decree 254/16 (the “Decree”). consolidation at 31 December 2020, with consolida- tion on a line-by-line basis. Any exceptions are ex- As required by article 5 of Italian Legislative Decree pressly indicated in the text. 254/16, this document is a separate report, as indi- cated, referring to Consolidated Non-Financial Dis- Regarding the main changes to the scope of con- closure (NFD) required by law. solidation for the NFD as at 31 December 2020, the following is reported: The NFD, to the extent necessary to ensure an un- derstanding of a business’s activities, its perfor- • as of 1 January 2020, this document includes mance, results and the impact it produces, covers non-financial information for A.T.I.V.A. S.p.A. environmental, social and personnel issues, respect - Autostrada Torino-Ivrea-Valle D’Aosta, Ativa for human rights, and the fight against active and Engineering S.p.A. and S.I.CO.GEN. S.r.l., over passive corruption, which are significant for the which control was acquired on 14 November company’s activities and characteristics, and for the 2019; expectations of its Stakeholders, as shown in the materiality matrix in this report in the section “Stake- • in July 2020, the subsidiary Itinera S.p.A. ac- holder Map and Materiality Analysis”. quired control over Tubosider S.p.A., as well as its subsidiaries C.B.S. - Carpenteria Barriere Additionally, the NFD includes information on the Stradali S.r.l. in liquidation, Partecipazione areas indicated as of particular importance for the Roma Sud S.c.ar.l., Tubosider UK LTD and 2020 NFD in the document “European common Tubosider CSP LIMITED. enforcement priorities for 2020 annual financial reports” published by the European Securities and The non-financial data and information reported in Markets Authority (ESMA) on 28 October 2020, and this document, unless specified otherwise, refer to referenced by CONSOB in its Call to Attention 1/21 the period after the date control over the company of 16 February 2021. was effectively acquired. This Sustainability Report has been prepared in com- As regards the scope of consolidation of the ASTM pliance with the GRI Sustainability Reporting Stand- Group, data on joint operations are reported in full ards, published in 2016 by the Global Reporting without taking into consideration the percentage Initiative (GRI), based on the “in accordance-core” op- held, and also presented separately in order to allow tion. As regards the GRI 403 Standard (Occupational for a wider understanding of the Group’s activities, its Health and Safety) and GRI 303 Standard (Water and performance, results and the impact it produces. Ad- Effluents), the most recent version from 2018 has been ditionally, data relative to manual workers includes adopted. Finally, GRI 207 (2019) has been adopted. those associated with unions and on the payroll of the Halmar Group ( Union Workers) at 31 December The“GRI Content Index” is included in the annex of 2020, regardless of the number of hours worked dur- this document, with details on contents reported in ing the reference period. compliance with GRI. To compare data and information over time and as- For the preparation of the Sustainability Report, sess the trend of Group operations, a comparison 2020 Sustainability Report 5 with the previous year has been made, where pos- opment Goals (SDGs) to be reached by 2030, and sible.