For the second year running, we are pleased to present you our Sustainable Value Report. The Report is prepared together with the Consolidated Financial Statements and illustrates, with data and information not necessarily of an economic and financial nature, what the Group accomplished in 2016 to achieve the sustainable development of its business and to create value also from a social and environmental perspective.

Today, a company is “sustainable” when it is able to maintain and increase its performances over the long term, by balancing its interests and those of its stakeholders: shareholders, customers, suppliers, through to the community and the environment.

Letter to Stakeholders
Stakeholders & Materiality
Economic sustainability
Social sustainability
Environmental sustainability