EXOR N.V.

Climate Impact & Sustainability Data (2020, 2023)

35% reduction in CO2 emissions compared to 2007 for Ferrari's European fleet through improvements in energy efficiency.
CNH Industrial scored A in the CDP Climate Change program, in recognition of its actions to optimize energy consumption, reduce CO2 emissions, and mitigate the business risks of climate change.

Numerous educational initiatives across Exor and its subsidiaries benefiting over 13,000 students (TechPro2, Oltre le distanze, Burnet News Club).
Ferrari awarded the Equal Salary Certificate for providing equal pay to men and women.

Implementation of best practices in board structure, including reduced board size, streamlined committees, and systematic meeting schedules.
Adoption of a Code of Conduct promoting excellence in ethics and values, including anti-corruption and bribery guidelines.

Limited environmental footprint at the holding company level.
Limited social impact at the holding company level due to its size.
No risk management system for social factors in place at the holding company level.

Exor encourages responsible attitude towards recycling and waste reduction in its offices.
Exor supports its operating companies in developing and adopting their social impact strategies.
Exor puts considerable effort into its recruiting processes, training and competency development, and into building a strong company culture.

Frameworks Used: GRI (Global Reporting Initiative) Standards under the Core option

Total Carbon Emissions:411,752 tCO2e (Holding Level)

Scope 1 Emissions:8 tCO2e

Scope 2 Emissions:27 tCO2e

Scope 3 Emissions:1,811 tCO2e

Achieved carbon neutrality for 2022 by offsetting emissions through a Ugandan reforestation project.
Iveco Group achieved Gold Medal certification from EcoVadis, ranking among the top 5% of participating companies.

Launched Matabì initiative with Fondazione Agnelli to reduce the gender gap in STEM subjects.
Stellantis piloted “Shares to Win”, its first employee share purchase plan.
Ferrari coordinated several initiatives in 2023 that included receiving the Equal-Salary Certification on a global level for the first time and providing more than 135,000 hours of training to its employees.
Stellantis distributed €6 billion back to employees worldwide since its foundation in 2021.
Ferrari extended the activities and scope of its employee welfare programmes with the expansion of health check-ups and parental support.

Standard & Poor's upgraded Exor’s long-term credit rating to A- in November 2023.

Short-term Goals:

GEDI faced challenges due to decreasing share of advertising market and declining circulation of Italian newspapers.
Juventus faced challenges resolving issues with Sport Justice.
Philips faced challenges with a recall affecting its Sleep & Respiratory Care business and operational and supply chain disruptions.

GEDI carried out decisive actions to position itself more favourably against its competitors, pivoting towards digital and broadening its portfolio.
Juventus addressed issues with Sport Justice, appointed a new Sporting Director and launched a successful capital increase.
Philips has a solid turnaround plan and a focus on bringing the company back to a healthy top-line growth and profitability.

Frameworks Used: GRI Standards, SASB

Certifications: EcoVadis Gold Medal (Iveco Group)