Our Corporate Social Responsibility strategy seeks to enhance the relationships between our organization and its stakeholders, so that the latter, rather than simply receiving a share of the value generated by the Company, become real and truly qualified contributors to the main strategic choices which significantly impact them. This objective is the most practical response to the serious and delicate interdependencies which characterize choices and decisions for Companies such as the SEA – who are required to design, realize, develop and manage airport transport infrastructure - and which significantly impact on its medium to long-term results.
SEA SUSTAINABILITY GOVERNANCE MODEL
|WHAT WE WANT TO BE
||HOW WE WANT TO DO IT
CORPORATE POLICIES & TOOLS
|HOW WE WORK
||HOW WE MAKE DECISIONS
|HOW MUCH VALUE
The SEA Corporate Social Responsibility function was set up in 2011 with the purpose of overseeing the management of stakeholder relationships and ensuring that it supports achievement of the business objectives. As of 2019, the department reports to the Chief Financial and Risk Officer. The planning and decision-making governance in relation to sustainable development was assigned from 2012 to the Group Sustainability Committee, as part of the company Steering Process, with the following objectives:
- to analyse the guidelines for the development, the implementation and the monitoring of sustainability policies to be integrated into our business model;
- to assess the objectives and methods of involving stakeholders, by profiling them, in order to define corporate choices and their related implementation;
- to discuss and participate in the definition of the reporting model integrated with sustainability performances;
- to monitor the development of the significant corporate performance indicators in terms of sustainability and to propose any corrective actions.
Up to 2018, the Group Sustainability Committee, presided by the Chairman and conducting four-monthly meetings, involved the participation of the 3 Company Chiefs and the Managers of the departments within their scope. In 2018 the Group Sustainability Committee held 3 meetings.