ESG

During 2021, we concentrated on two areas which link to the European Commission sustainability initiatives: Taxonomy Regulation and Corporate Sustainability Reporting Directive (CSRD), which have been designed and are being developed to direct investments towards sustainable activities and push companies towards sustainable attitudes. They are far from being finalised at a regulatory level, but it is important that RINA closely follows their development to ensure both internal compliance and that the services we provide support our clients in meeting these objectives.

ESG

Best-in-class sustainability both internally and for our clients

ESG is an important strategic pillar for RINA, and we work to be best-in-class in sustainability internally, thereby also ensuring we can offer the best ESG services to our clients, and vice-versa. It is a virtuous process.

To support these efforts, we created some specific and dedicated functions in 2021, including a joint ESG strategic Committee made up of board and top management members, and the role of a Chief ESG Officer. We have developed our internal organisation, so we are in a good position to deal with issues and follow the development of EC regulations.

Taxonomy and sustainability are not only a primary consideration in the selection of services we offer and the development of new services, but also to ensure we have a sustainable approach ourselves. We will further strengthen the number of people dedicated to this activity and are considering how our internal financial and administrative processes needs to be modified to ensure we collect the data required for corporate sustainability reporting.

There is room for change and improvement in the EC regulations. For this purpose, RINA through its membership in TIC Council, the most important TIC industry international association, is promoting recognition of activities, such as certification, inspection, design, etc., as aligned and possibly eligible for the purposes of taxonomy.

Other activities in 2021 included the achievement of Quality Management System (ISO 9001) certification of RINA S.p.A. and Anti-bribery Management System (ISO 37001) certification for RINA S.p.A. and RINA Consulting S.p.A..To achieve these certifications, we have re-shaped our document management system to move from an approach by function to one by process.

Looking forward to
the coming year

Other initiatives for the coming year include expansion of our ISO 37001 certification to RINA Services and strengthening of our rapidly growing international network in HSE issues. We will also be reviewing and strengthening our systems and procedures for physical and cyber security and further continue our efforts to extend, expand and disseminate the organisation’s sensitivity to a risk-based approach.

The war in Ukraine has shocked the world and changed much in terms of the geopolitical landscape. Although this may cause some delays and postponements in the sustainability agenda, however we do not believe this will, or should, take focus away from ESG issues and the need for us to continue our ESG journey for excellence internally and ensure we are best positioned to support our clients in this critical area.

Our approach to ESG internally is an important part of the RINA culture. As a central service within the company, we work not to constrain, but to support business activities while protecting the wider organisation and ensuring we comply with rules and regulations.”

Sangone Park reforestation project

We have joined a partnership with the Municipality of Turin and Arbolia to create a forest of over 2,100 plants in the Sangone Park in the Mirafiori Sud district of Turin. This new green area will help to reduce climate-altering emissions and improve the living conditions of the city. Ugo Salerno, our President and CEO, said: “The wellbeing of the community and the environment is reflected in that of the companies that are part of it. Therefore, it is necessary that the latter take responsibility for contributing to the reduction of emissions. The nature of RINA’s activities is already closely connected with the protection of people and the planet, and this project with the Municipality of Turin and Arbolia is fully part of our ESG strategy and our path towards carbon neutrality planned for 2023”.

Car Fleet

When defining the 2021 car list for the company fleet, the company took CO2 sustainability into account as a fundamental element. In particular, hybrid and mild-hybrid cars have been indicated as a recommended and preferable choice, and the inclusion of car models has taken into account the limit of C02 emissions below 160 g/km, according to the new WLTP values.

RINA and World Bank for zero emissions in Kazakhstan

RINA has been chosen by the World Bank for a project which is seen as crucial in the country’s drive to reduce greenhouse gas (GHG) emissions. We will carry out energy analyses of several industrial sectors in the country and provide guidelines for improving the legislative framework together with proposals for initiatives to reduce energy consumption and GHG emissions. Local auditors will also be trained so that Kazakhstan is equipped with the necessary skills to carry out audits in the future, therefore providing the country with tools for greater sustainability in terms of better use of local resources and real economic benefits, making the state more competitive both locally and internationally.

Sustainability Report 2021

You'll find our Sustainability Report here

ESG

ESG

Best-in-class sustainability both internally and for our clients

ESG is an important strategic pillar for RINA, and we work to be best-in-class in sustainability internally, thereby also ensuring we can offer the best ESG services to our clients, and vice-versa. It is a virtuous process.

Looking forward to the coming year

Our approach to ESG internally is an important part of the RINA culture. As a central service within the company, we work not to constrain, but to support business activities while protecting the wider organisation and ensuring we comply with rules and regulations.”

Projects

Looking forward to
the coming year