MAIRE TECNIMONT’S NEW SUSTAINABILITY REPORT CONFIRMS THE GROUP’S COMMITMENT IN CREATING SHARED VALUE

Milan, 29 June 2020 – A +14% rise in Middle Management positions occupied by women in comparison to last year, more than 66,000 training hours, a stronger focus on local content with the launch of a multi-year strategic program focused on In Country Value with the active involvement of all corporate functions, also at regional level. These are some of the key facts emerging from Maire Tecnimont Group’s “Creating Value”, its latest Sustainability Report”, which strongly confirms the Group commitment to Sustainability. A progressive path started 9 years ago by joining the UN Global Compact, and today further enhanced with the inclusion of the ESG (environmental, social and governance) indicators linked to the Sustainable Development Goals of the Group in the 2020-2024 Industrial Plan.

Maire Tecnimont has in fact implemented a systemic approach to pursue efficiency, resilience and growth integrating sustainability in every aspect of its operations through strategic drivers such as:

  • Energy transition: with NextChem, the Group’s subsidiary dedicated to green chemistry and circular economy, we aim at accelerating the energy transition.
  • Technological innovation in order to minimize the environmental impact of the oil & gas industry, industrialize circular economy, and develop new products from renewable sources, as substitutes for fuels or plastics, as a long-term target.
  • Digital innovation: leveraging digital technologies to redesign internal processes and at the same time enhance the group’s value proposition towards its client by offering a wide range of digital services (“digital advantage”).
  • In-Country Value: making a lasting and sustainable contribution to economic and social development of local communities where we are present, through the close engagement of local stakeholders and contributing to local employment and human capital growth.

To pursue these strategic goals, Maire Tecnimont Group can count on more than 9,300 employees and professionals who are passionate about their work, share company goals and form a mind-intensive community where each one can contribute to the Group’s growth and the successful fulfillment of its objectives.

Maire Tecnimont is also daily committed to promote and guarantee the health, safety and welfare of its people, now more than ever given the challenging times we are living due to the covid-19 outbreak.

Maire Tecnimont Group is an HSE-driven company as “Creating Value” highlights: it is in Maire Tecnimont’s DNA to prevent accidents and mitigate the impacts on the ecosystem with the commitment to provide workplaces, services and industrial plants in compliance with legal requirements at the highest Health, Safety and Environment standards both in all our offices and out on our 30 constructions sites currently active worldwide.

The Group is conscious of the key role of the supply chain in our business and is constantly focused on choosing and developing strong relationships with suppliers that meet or exceed the highest standards for quality and sustainability. In this regard, 100% of new vendors are screened on social and environmental criteria.

CREATING VALUE – 2019 SUSTAINABILITY HIGHLIGHTS

Environmental

8.5 kt total CO2 reduction per year at our advanced plastic waste Upcycling plant in Brescia, Italy

Rating “B” confirmed in the Carbon Disclosure Project

€ 56 MN R&D expenditure (in the last 5 years)

~1,500 Patents

Social

+14% Middle Management positions occupied by women (vs 2018)

66,000+ training hours

0.096 LTIF indicator on construction sites

52% of project cost of goods, services, labor and training are provided locally (in most representative projects)

100% new suppliers screened on social and environmental criteria

Governance

7 women out of 15 people in our Corporate Governance Body

15% of the goals assigned to the CEO are linked to environmental sustainability

Click here link to view “Creating Value 2019”:

✓the web version

✓the pdf. version

✓the executive summary of the Sustainability Report

Maire Tecnimont S.p.A.

Maire Tecnimont S.p.A. is a company listed on the Milan stock exchange. It heads an industrial group (the Maire Tecnimont Group) that leads the natural resources processing sector (plant engineering in the oil&gas downstream industry, with specific technological and execution capabilities). Through its subsidiary NextChem the Group operates in the field of Green Chemistry and technologies supporting the energy transition. The Maire Tecnimont Group operates in approximately 45 different countries, numbering around 50 operative companies and a workforce of more than 6,300 employees, along with approximately 3,000 additional Electrical & Instrumentation professionals. For more information: www.mairetecnimont.com.

Institutional Relations & Communication
Carlo Nicolais, Tommaso Verani, Ida Arjomand

mediarelations@mairetecnimont.it

Media Relations
Image Building                                            

Alfredo Mele, Carlo Musa
Tel +39 02 89011300
mairetecnimont@imagebuilding.it

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