Relevant topics in relation to the activities carried out

Relevance analysis process

In order to identify the environmental, social, personnel-related issues, respect for human rights and the fight against active and passive corruption to be considered relevant considering the activities and characteristics of the company, the Company has carried out an analysis of relevance aimed at identifying the most significant issues for the Group and for Stakeholders within the areas envisaged by Legislative Decree no. 254/2016 to the extent necessary, so as to ensure understanding of Snam Group’s business, performance, results and impact. This analysis took into consideration the sustainability issues present in the main sustainability guidelines or references (GRI, ISO 26000, SDG’s, etc.) and the issues emerged from comparisons with the stakeholders.

These issues were then contextualised with respect to Snam’s business sector, through the benchmark conducted on the sustainability report of the main companies in the sector on an international level, the questionnaires from the most important rating agencies, and through an analysis of the industry scenario, public opinion and Snam documentation (such as the strategic plan, Code of Ethics and Policies adopted).

In order to further define the relevance of the issues highlighted, the perception of the issues from the point of view of the stakeholders was analysed through surveys that made it possible to identify points and observations of the interlocutors, while the analysis of issue perception from the company point of view was carried out by surveys of Group management.

The categories of stakeholders interviewed were: Community and territory, Investors and lenders, Other operators, Media, Suppliers, Customers, People (Employees) and Authorities and Institutions.

Results of the analysis of relevance with respect to the Decree

At the outcome, the relevant topics within the areas envisaged by Legislative Decree no. 254/2016 are those related to Health and Safety, Climate change, Energy efficiency, Land protection and biodiversity, Stakeholder engagement and dialogue with the territory, Employment, Development and enhancement of human capital, Fight against corruption and Respect for human rights.