ESG Rating for FRIULIA SPA: S3 (aware)

Press release 8 January 2024

modefinance has released the ESG Rating of FRIULIA SPA assigning an assessment of S3 (aware):

  • The organization is slightly exposed to ESG risks in one of the sustainability areas;
  • The management is proactive and overall committed to improving policies and procedures;
  • There is a concrete objective to reduce general exposure to sustainability risks.

Key assessment assumptions

Friulia stands out for its commitment to offering concrete value through high-level intangibles, such as knowledge of the territory and a team of highly qualified professionals. The company recognizes the importance of training, both internal and external, as a fundamental pillar for promoting conscious sustainability, offering a wide range of learning opportunities, including training events, webinars and courses on relevant topics. Furthermore, Friulia cares about the well-being of its employees; in fact, a welfare plan aimed at promoting an inclusive and attentive corporate culture is currently being drawn up.

Friulia is carrying out work to integrate environmental and social criteria into its investment strategies and policies. Indeed, it is actively engaged in assessing and mitigating sustainability risks, integrating a solid environmental and social risk management strategy into its business development plans. The organization has also appointed a dedicated sustainability contact, demonstrating its tangible commitment to promoting a cutting-edge and ethical corporate culture.

Furthermore, Friulia is strengthening and promoting its role as a partner for its subsidiaries, guiding them in a process aimed at strengthening sustainable development strategies.
This commitment highlights Friulia's desire to enhance and support resilient businesses.

Friulia SPA

The public regional-based finance institution of Friuli-Venezia Giulia was established in 1967 with the aim of promoting the economic development of the territory.
According to its statute, Friulia contributes to the promotion of the economic development of the Autonomous Region of Friuli-Venezia Giulia within a regional planning policy.
Friulia's shareholdings concern companies with an operational organization in the regional territory or outside it, provided that they are functional to the development of economic initiatives within Friuli-Venezia Giulia.

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