In 2021, we formalised our sustainability strategy, which includes our ambitions for a more responsible future and which puts commitments and concrete actions into practice.
The fundamental elements of this strategy are:
What is a Sustainability Plan?
Our Sustainability Plan is a tool through which we define our commitment to sustainable development. It is based on integrating our sustainability model, aligned with the United Nations SDG targets, with the strategic challenges of the 2020-2023 Industrial Plan.
What is the aim of our Sustainability Plan?
Through the implementation of our Sustainability Plan, we intend to generate sustainable mid- and long-term value for our stakeholders across Italythe country. To achieve this, we have identified six strategic guidelines which will direct us.
Rai Way’s Sustainability Plan:
Rai Way's 2021-2023 sustainability plan covers 12 of the 17 Sustainable Development Goals identified by the United Nations (SDGs)
Within our Sustainability Plan, we aim to place great emphasis upon a respect for the environment, as well as fighting against climate change, with challenging goals such as achieving Carbon Neutrality in 2025 and the use of 100% renewable resources in our electrical energy supply.
We regularly review the care we provide for our employees, in every aspect:
In-keeping with our mission to provide a public service, our relationship with the landscape is of great importance, both in terms of controlling electromagnetic radiation and the reduction of impact upon nature, and in terms of promoting the social, cultural and economic development of local communities
We have implemented the development of systems and policies which align with the best practices, and are integrated with our sustainability profiles. We achieve this by adhering to international ethical and anticorruption standards as outlined by the United Nations Global Compact, as well as by introducing a quota of 20% ESG objectives to our long-term management incentive plan.
Finally, innovation is of strategic importance and, with a planned investment of over EUR 200 million, represents a strategic lever for the evolution of the business and sustainability.
By the end of the third year of Plan implementation on 31 December 2023, we have completed 35 of the 41 planned initiatives (excluding the 13 continuing because they are recurring and compliance initiatives) or 64.8%. The remaining 6 were included in the new Sustainability Plan 2024-2027.
Since June 2021, we have adhered to the United Nations Global Compact initiative (UNGC). This is the largest expression – on a global scale – of a company’s commitment to human rights, work, environment, and anticorruption policies.
We actively participate in this initiative, directing our efforts into two main directives:
Adhering to these initiatives is explicitly considered among the best practices of the top ESG rating agencies, as well as being coherent with the objectives outlined in our Sustainability Plan 2023.
A Sustainability Plan strategy that is both internally and externally focused, integrated with the business and aligned with the UN Sustainable Development Goals.
