GROUP SUSTAINANILITY REPORTING
The Mediobanca Group has prepared its first-ever Group Sustainability Report, included in the Annual Report for the financial year ended 30 June 2017.
With this first version of the document, the Mediobanca Group’s intention is to inform our stakeholders of the approach and policies we have adopted on social and environmental issues, and to describe the results we have achieved in developing our business on a sustainable basis with a view to creating value over the long term.
The report, which will be published once a year, is based on the GRI Standards (in accordance with the “core” option) on sustainability reporting issued by the Global Reporting Initiative (GRI), which are at present the most widely-used standards at an international level in the area of sustainability reporting, and also in accordance with the provisions of Italian Legislative Decree 254/16 on “Non-Financial Information” (compulsory as from next year).
This year the report has been compiled on a voluntary basis, and hence is not subject to assurance by the auditors.
The process of compiling the report has required the involvement of the heads of various company units in order to identify the contents; projects implemented; and related performance indicators.
The importance of the information has been defined via analysis of materiality as required by the GRI Standards.
With reference to the scope of reporting, the Group’s intention is to expand this gradually.
The document was approved by the Board of Directors on 15 September 2017.