The value generated in the areas where we operate
In line with the Group’s continued commitment in terms of sustainability, Maire Tecnimont has launched structured activities for the integration of environmental, social and governance (ESG) factors within its supply chain from supplier scouting to qualification process and post-order management.
In order to make the supply chain stronger and more sustainable, the Maire Tecnimont Group developed a focus on suppliers committed to equal opportunities, respect of human rights and environmental protection. The Group’s Code of Ethics forms the framework of purchasing activities, an actual guide and code of conduct for suppliers.
We are assisting in the evolution of the traditional value for money approach; market competition is moving towards a long-term equilibrium approach integrating ESG principles. To be able to fully seize opportunities of this change, Maire Tecnimont structured its approach leveraging on three drivers: qualification process, supplier management tools and procurement organization.
Starting from 2019, the Maire Tecnimont Group has been actively participating in the ANIMP (National Association of Industrial Plant Design) “Sustainable Supply Chain” project, which aims to define guidelines on shared metrics within the industry to assess Environmental, Social and Governance (ESG) Sustainability in the Supply Chain.
At present, 100% of new suppliers are screened also according to sustainability criteria: Specifically, in 2021 Maire Tecnimont calculated for the first time the ESG assessment (on a scale from A (highest score) to E (lowest score)) over 1300 materials and services suppliers, obtaining an essential view on ESG sustainability in the Supply Chain.
In 2022, we are committed to significantly extending the coverage of suppliers assessed according to ESG criteria. At the same time, we are implementing a program to support suppliers in improving ESG criteria, including through best practice sharing initiatives.