Letter to stakeholders

As an international player within a strategic and high-tech sector, we feel a strong responsibility to grow together with the Countries in which we operate, with clear priorities to follow: identify technological development areas strategic for the future, invest in people and skills to oversee these areas, support our supply chain, promote eco-efficiency in products and processes, rely upon a responsible business model. This is sustainability for Leonardo, in a continuous balance between available resources and market challenges, aiming to be investment grade.

Innovation, above all, is our lifeblood and, at the same time, acts as an engine of growth for territories and communities in which we operate. With this in mind, we are establishing the Leonardo Labs, places open to researchers, innovation incubators where research and technology, industry and sustainability can be combined, encouraging a dialogue between our engineers, specialised technicians and young generations. Thanks to its applications, innovation supports the decarbonisation process and helps to protect people and the environment. This is reflected by numbers: as by the 90,000 tonnes of CO2 saved in the last two years thanks to our virtual training platforms, the more than 1,100 Leonardo helicopters operating all over the world for search, rescue and fire-fighting operations. Not to mention the 75 NATO sites that we protect from cyber-attacks in 29 Countries or the images, more than a million, captured by the COSMO-SkyMed constellation since 2008 for Earth observation.

Sustainability is also integrity, a transversal factor enabling the Group’s success, to which we pay constant attention: from the monitoring and control systems of the business activities to the effective risk management, from sharing a corporate culture based on transparency to investing in people training. With this in mind, we confirm this year, once again, Leonardo’s support to the Ten Principles of the United Nations' Global Compact in which we participate, in order to guarantee responsible business conduct at all levels and within all corporate processes.

An approach to sustainability that evolves towards a wider action plan, contributing to achieve the Sustainable Development Goals of the 2030 Agenda and to answer to the recent European Green Deal guidelines, with a logic of shared solution, co-benefits for people and the planet, prosperity for the community.

We are called to face the great challenges of this millennium, many of them tied to technology and its impacts on society. The first projects of the newly established Leonardo - Civiltà delle Macchine Foundation, for example, aim to spread our corporate culture and ethical principles that put people at the centre. The human factor has always been at the heart of innovation. And today, more than ever, it is the synthesis point between “knowing-how-to-do” and “knowinghow-to-think”, which we daily represent at Leonardo with pride and dedication.

This Sustainability and Innovation Report describes the actions that we put in place and the priorities underlying the Industrial Plan. We are working on them for the technological, economic and social progress and for the benefit of all our stakeholders, led by our mission: to be an international Aerospace, Defence and Security company that best enables its customers’ success, by thinking creatively and working with passion. Our passion, made by more than 49,000 Leonardo’s employees.

Giovanni De Gennaro                                   Alessandro Profumo
Chairman                                                     Chief Executive Officer