For massive listed firms, Fincantieri wins. The 2024 Budget Oscar, promoted by FERPI, the Italian Stock Exchange and Bocconi University, was introduced on the Italian Stock Exchange in Milan. An occasion that was preceded by a Roadshow that introduced the promotion of the worth of reporting for a tradition of transparency and sustainability all through the nationwide territory
The winners of the 2024 Edition
The ultimate verdict noticed the emergence of assorted icons of Made in Italy in 12 totally different classes: for giant listed firms, Fincantieri, for giant unlisted firms, illnycaffé, for utilities, Hera, for SMEs, Tea Spa, for monetary firms, Fideuram Intesa. San Paolo Private Banking, for profit firms Royal Group. Again, for social enterprises and non-profit organizations, Human Technopole Foundation and for public establishments the Municipality of Bologna. As a particular sustainability communication award, recognition to UNI Ente Italiano di Normazione, as Special built-in reporting CADF, the particular non-financial declaration award went to Snam and, lastly, the particular technology Z award was assigned to A2A SpA
Fabrizio Testa, CEO of Borsa Italiana – Euronext Group underlined that “Borsa Italiana promotes constructive dialogue between companies and investors. There is a tangible connection between the quality of reporting and the trust of the financial community. The theme of this year’s Budget Oscar highlights the growing importance of sustainability reporting and compliance with ESG criteria. This is a cultural and strategic transformation: transparency becomes a fundamental pillar for building a more responsible and resilient economy. By supporting this initiative, Borsa Italiana confirms its commitment to encouraging the development of a culture of sustainability and strengthening trust in the financial markets.”
Thus as a substitute Francesco Billari, Rector of Bocconi University: “To construct sustainable societies from an financial, social and environmental standpoint, it’s mandatory to mix the current and the long run, constructing on the previous. Innovative analysis, accompanied by the monitoring and examine of the CSRD (Corporate Sustainability Reporting Directive) and its software practices, is immediately important to help firms and establishments within the creation of clear reporting. This is why Bocconi is proud to have fun the sustainability of the Budget Oscars, which after sixty years are reaching maturity, because of the collaboration and systemic and voluntary effort of many establishments and other people”.
The debate and sustainable finance
In addition to the eagerly awaited award ceremony for the winners for every class and particular prize, the Financial Statement Oscar known as upon establishments, ambassadors, professionals and managers to present a face to the Value of Reporting. The dialogue happened on the matters of CSRD, as a brand new problem for firms between innovation and prices, to know what future we’ve got for sustainable finance. Two spherical tables have been interspersed to higher perceive the orientations, decisions and impacts of the directive on our doing and measuring sustainability.
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