Energy |  |
Trends and events specific to the energy sector such as rising fuel prices,
the process of liberalization under way at national and international level,
the development of production technology and increasingly strict environmental
constraints, together with a steadily growing demand, make it necessary for
Finmeccanica to focus on its own energy costs.
Finmeccanica controls these costs through a dedicated organization,
Finmeccanica Group Services Energy Shared Services, whose mission is to devise
and implement - in agreement with the Group's companies - a program of
initiatives aimed at promoting conscious use of energy resources, by reducing
the associated costs whilst respecting the environment and exploiting exclusive
skills and assets within the Group.
The energy management model adopted includes an integrated approach with
interventions on both the supply side - aimed at meeting the energy
requirements under the most economically advantageous conditions - and the
demand side - with activities designed to optimize the amount of energy used by
the Group, equal to about 500 GWh of electricity and 50 million cubic meters of
gas.
This model aims to generate an effective cycle which directs the advantages
from the Group negotiations towards implementing technical and procedural
interventions capable of improving the energy efficiency of the systems and
making it possible to exactly know the energy consumption profiles of the end
users.

With regard to the Energy Supply area of intervention, Finmeccanica Group
Services is responsible for the following activities on behalf of the Group's
companies:
- Constantly monitor the energy market and sector regulations, in order to
seize opportunities and manage the associated risks;
- Negotiate the electricity and gas supplies centrally in order to obtain the
best financial terms, combining the requirements of the individual companies,
standardizing and improving the expected service levels;
- Support the companies in assessing any opportunities to produce energy
independently;
- Encourage the adoption of alternative energy sources, such as renewables
(e.g. photovoltaic systems) and the use of innovative technologies (e.g. fuel
cells).
Concerning the Energy Demand area, Finmeccanica Group Services undertakes
to:
- Implement a wide-ranging energy efficiency audit program at the company
sites, aimed at identifying measures to contain the amount of energy used, with
the consequent generation of recurring savings and lowering of polluting
emissions;
- Coordinate, in agreement with the companies, the investments for maintaining
plants and buildings, from planning expenditure to identifying the financial
benefits effectively achieved;
- Spread the energy-saving culture throughout the Group's companies.
In planning and implementing these initiatives, the Energy Shared Services
organization acts in accordance with the Group's strategic objectives,
coordinating its own activities with the Energy Managers at the separate
companies and with the Environment Health & Safety, Global Service and Real
Estate & Property Management contacts. In line with the Group's internationalization strategies, a process is also
underway to share and harmonize the various energy-management policies at the
foreign bases, with wider comparison of the best practices within the
Group.
|