Civitanavi Systems S.p.A.

Climate Impact & Sustainability Data (2023)

Total Carbon Emissions:222 tCO2e/year

Scope 1 Emissions:38 tCO2e/year

Scope 2 Emissions:183 tCO2e/year

Renewable Energy Share:21%

Total Energy Consumption:2,684 GJ/year

Water Consumption:1.3 ML/year

Waste Generated:1.2 tons/year

Carbon Intensity:1.044 tCO2e per employee in 2023

Increased share of renewable energy in total energy consumption to 21%
94% of total waste produced was destined for recovery
Construction of a photovoltaic system for electricity production (self-consumption).

Adopted a corporate welfare system promoting employee well-being, including a group insurance policy with Intesa Sanpaolo.
Implemented a new stock option plan aligning incentives with strategic business objectives.
Average training hours per employee increased to 51.4 hours.
No occupational accidents occurred during the reporting period (2021-2023).

Adopted an Organisational, Management and Control Model pursuant to Legislative Decree No. 231 of 8 June 2001.
Implemented a new organisational structure by product lines.
Created a “Sustainability” section on the Civitanavi Systems website.
ESG target incorporated into the MBO plan for executive directors and strategic managers.

Medium-term Goals:

Construction of a photovoltaic system for electricity production (self-consumption).

Short-term Goals:

Adoption of ISO 26000 - Guidelines on Corporate Social Responsibility certification.
Adoption of a company policy on Diversity, Equity and Inclusion.
Implementation of EC marking and user manuals on Civitanavi Systems products.
Expanding the mapping and qualification system of suppliers taking ESG topics into account.

Risks associated with the availability and costs of materials and components needed to perform the activity
Risks associated with maintaining registration in special sectoral lists
Risks associated with the type of customers and the degree of concentration of customer relationships
Risks associated with the Group's international activity
Risks associated with the non-fulfilment of contractual commitments relating to product quality and order execution and delivery times
Risks related to manufacturing defects, non-compliance with contractual specifications and product liability
Risks associated with trade receivables
Risks associated with exchange rate fluctuations
Risks associated with key management figures and qualified personnel
Risk associated with “Implications of Russia's invasion of Ukraine on half-yearly financial reports”
Information security risk
Risk associated with opening new foreign companies
M&A transaction risk
Risk related to return on investment in M&A transactions

Forecast-based procurement model for critical components and use of qualified providers.
Internal export management system and allocation of some automatic functions to the company’s ERP.
Diversification of customer base and product applications.
Sector diversification (A&D and industrial) and customer diversification into foreign target markets.
Design systems (simulation) and test machines for internal verification of their equipment. In-house training of highly specialised personnel.
Highly advanced and certified design and production processes (ENAC POA and EASA ADOA)
Internal procedures to assess and monitor the creditworthiness and solvency of its customers.
Natural hedging policy for currency purchases and sales, and ad hoc derivative instruments.
2-level management structure increasing the recruitment of personnel with high levels of specialisation.
System blocks; the “Export Management and Compliance Programme” procedure is provided for prior checking for compliance with all regulatory restrictions.
IT security management system in accordance with ISO/IEC 27001:2013.
Market assessments and analyses of concrete business opportunities. Gradual investment and diversified knowledge.
Governance, monitoring periodic reports, periodic audits and business combined for synergy opportunities.

Supplier Audits: 64 qualified suppliers; 18 qualification in progress

Supplier selection process considering Code of Ethics principles; updated Procurement Management Procedure in November 2023.

Frameworks Used: GRI Standards

Certifications: ISO 9001, EN 9100:2018, ISO 45001:2015, ISO/IEC 27001:2013, Cyber Essentials

Objectives and activities based on 3 main themes: Compliance - Innovation - Social and environmental responsibility.