FOMAS Group makes a constant assessment of its operations on the economy, the environment and on people in order to guide its actions towards a sustainable and accountable management.
The strategic decisions of FOMAS Group incorporate the analysis of ESG risks and opportunities, in support of a responsible, people-oriented corporate culture, consistent with the Group’s sustainability journey.
FOMAS supports the Ten Principles of the United Nations Global Compact in the areas of Human Rights, Labor, Environment, and Anti-Corruption, integrating these principles into its business strategy, culture, and daily operations, and contributing to United Nations goals, particularly the Sustainable Development Goals.
Year 2025 Sustainability in Figures
The sustainability blueprint of FOMAS Group identifies five key pillars that guide its actions and business towards a more ethical growth.
Main areas of activities aimed at enhancing our
performance
"[...] progress has been made, but we are aware that there is still much to be done. A task we accept wholeheartedly,
because challenges have always been the hallmark of our people and of our Group."
Jacopo Guzzoni, President & Group CEO
Commitments that become goals: our endeavour
We believe that corporate sustainability mirrors the ability to maintain a long-term competitive position by balancing economic performance with environmental and social objectives.
This is why the FOMAS Group has embarked on an ESG development path, which builds on our corporate culture to define global short-term goals, focusing on our five pillars.
Sustainability and material issues
ESRS Topic | Sub-topic | Impact Materiality | Financial Materiality | Key Drivers Identified |
|---|---|---|---|---|
E1 – Climate Change | Mitigation | Very relevant | Very relevant | Scope 1–2–3 emissions, ETS/ETS2, CBAM, markets |
E2 – Pollution | Air / water / soil | Relevant | Not relevant | Compliance, incidents, Legislative Decree 231 sanctions, communities |
E3 – Water | Water consumption | Very relevant | Relevant | Water stress, plant downtime, penalty costs |
E5 – Resources, Circular Economy | Materials, waste | Relevant | Very relevant | Scrap price, steel sourcing, waste |
S1 – Workforce | Working conditions, health and safety | Relevant | Relevant | Injuries, production downtime, turnover, legal costs |
S1 – Workforce | Equality, inclusion | Relevant | Not relevant | Equal opportunities, turnover, compliance |
S2 – Workers in the value chain | Working conditions in the supply chain | Relevant | Relevant | Steel mill qualification, supplier health and safety, child/forced labor |
G1 – Business conduct | Ethics, anti-corruption | Relevant | Relevant | Code of Ethics, Legislative Decree 231 procedures, reputation |
G1 – Supplier management | Procurement practices | Relevant | Relevant | ESG scoring, supplier diversification, costs |
Entity-specific | Cybersecurity | Relevant | Very relevant | Data protection, plant downtime, GDPR/NIS2 penalties |
