The ENAV Group conducts annually the materiality analysis, in 2024 we conducted our first double materiality analysis in accordance with the Corporate Sustainability Reporting Directive (CSRD) and the ESRS standard, identifying impacts, risks and opportunities (IRO) for each sustainability issue relevant to our business and our stakeholders.

The ENAV Group identified material impacts, risks and opportunities related to ESG issues, adopting both dimensions forming double materiality, namely impact materiality (inside-out perspective) and financial materiality (outside-in perspective), and integrating the ESG assessment into the ERM process.

The relevant aspects concerning the ENAV Group have been defined through an in-depth analysis of the reference context, the business model, the value chain, the Group’s stakeholder management process, the analysis of the Business Plan and Sustainability Plan, and also drawing on the experience in non-financial reporting.

This process was also carried out through the involvement of all organizational structures of the Parent Company and subsidiaries, the ESG Steering Committee and the main stakeholders of the ENAV Group, namely:

• airlines;
• airport operators;
• aviation industry, business partners and strategic suppliers of the ENAV Group;
• institutions, industry authorities and the Areonautica Militare;
• ENAV shareholders and financial community;
• opinion leaders in corporate sustainability.

The results of this analysis were approved by the Board of Directors of the parent company ENAV S.p.A. at its meeting on December 18, 2024.

The double materiality analysis is subject to an annual audit by an independent company in charge of limited assurance activities, as reported in the Consolidated Sustainability Report (“CSR” in accordance with Legislative Decree 125/2024) in the section “Independent auditor’s report”.

Materiality analysis insights