The Group’s strategic vision is inspired by criteria of sustainable value generation considered in its multidimensionality (economic, environmental and social) and from a perspective based on mutual reinforcement of components.
SEA’s ESG strategy aims to govern social and environmental business variables, enhancing relationship dynamics with stakeholders so that the latter, rather than simply receiving a share of the value generated by the Company, can become real and truly qualified contributors to the main strategic choices which significantly impact them.
This objective is the most practical response to the serious and delicate interdependencies which characterise choices and decisions for Companies such as the SEA - who are required to design, realise, develop and manage airport transport infrastructure - and which significantly impact on its medium to long-term results.
At SEA, responsibility for dealing with ESG issues at a board level is entrusted to the Control, Risks and Sustainability Committee. A Sustainability Committee was established at a managerial level in 2012, which was in operation until 2018. Following its abolition in 2019 due to corporate reshuffling, the Sustainability Committee was re-established in 2020 and entrusted with the following tasks:
- to examine the trends of the main sustainability indicators, including in reference to other comparable airport operators;
- to evaluate the effectiveness of the actions taken, and to examine potential improvement actions to be taken.
The Committee is chaired by the Chief Executive Officer/General Manager and makes use of the CSR department’s technical office, which oversees technical logistics and planning matters. In addition to the CEO, the Sustainability Committee is composed of the Chief Financial and Risk Officer, the Chief Operating Officer and the Directors of the following departments: Administration, Aviation Business Development, Cargo and Real Estate, Environment and Airport Safety, Human Resources, Infrastructures Development, Maintenance, Non-Aviation Business Development, Operations Linate, Operations Malpensa, Public Affairs and External Communication, Quality and Client Management, Security Management, Compliance and Training, Supply Chain, ICT and Innovation, Corporate Affairs and Compliance Legal Counselling, Corporate Social Responsibility, Health and Safety at Work and by representatives of the subsidiaries SEA Energia and SEA Prime.
In 2020, the Committee held two sessions on the planning and assessment of materiality assessment results.