We report on our social and environmental impacts with the aim of providing reliable, complete, clear and comparable information.

Our Integrated Report

In 2023 we published our third Integrated Report prepared in accordance with Legislative Decree No. 254/2016, and complying with Global Reporting Initiative (GRI) standards, the Sustainability Accounting Standards Board (SASB), guidance from the International Integrated Reporting Council (IIRC) and the standards and recommendations of the Task Force on Climate-Related Financial Disclosures (TCFD).

The CDP Group submits all reports to external audit. For 2022, the appointed auditor is Deloitte & Touche S.p.A.

With the aim of concretely strengthening the CDP Group's commitment towards integration and inclusion, also this year the Integrated Report ensures the widest accessibility for blind and visually impaired people thanks to the collaboration with Fondazione LIA (Libri Italiani Accessibili).   

The document, starting from the existing interrelationships between the different forms of capital used synergistically, illustrates the Group's performance, representing, in line with the 2022-2024 Strategic Plan, the resources that the Group has committed to the four challenges and the ten action areas, thus offering a complete overview of our work and of the economic, social and environmental impact generated for stakeholders and for the area.

Our circular business model shows how, by leveraging initial capital through internal processes and activities, it is possible to structure products and services capable of increasing output capital (“2022 Performance”) and generating economic, environmental and social outcomes, producing benefits for the company, stakeholders and the whole national economic system from the perspective of shared value.

Our impacts on the country

With the 2022-2024 Strategic Plan, CDP has promoted a new operating model to measure and maximise the impact of its actions on the country and areas. This model starts from analysis of the country’s strengths and weaknesses and identifies ten action areas in which to concentrate CDP’s activity, with the aim of promoting initiatives that are increasingly additional and complementary to the market as well as capable of generating decisive economic, social and environmental impacts.

Since 2022, assessment of the Group’s work towards the country’s growth considers two dimensions:

• the aggregate impact of the financial resources committed on the main macroeconomic parameters. This impact is measured in terms of the value of production activated (directly, indirectly and induced), added value and employment supported thanks to the number of workers needed to satisfy the volume of production activated.

• identification of the action areas in which CDP has been most able to generate added value, due to the volume of resources committed in each area and/or their multiplying potential. As part of the ten action areas towards which CDP directs its strategy.

The Group’s contribution to the 2030 Agenda

The CDP Group actively participates in the country’s commitment to contribute towards achieving the UN 2030 Agenda Sustainable Development Goals, as also demonstrated by complete correspondence of the Group’s mission, strategy and operations with these SDGs.