Alstom announces an investment plan of €63 million over 3 years in Italy and the results of the first Impact Report conducted by EY

For more than 160 years, Alstom has been accompanying Italy in the modernization and development of its transportation network, with 9 sites distributed throughout the country. In FY24, Alstom supported more than €1.019 billion in contribution to the Italian GDP and 14,087 jobs. This achievement demonstrates Alstom's central role in the Italian industrial system and its leading position in the transportation industry.

Alstom's contribution to growth and sustainable development in Italy was analysed in the impact report conducted by EY, presented today in the ISMA (Institutes of Santa Maria in Aquiro) room of the Senate of the Republic in Rome. The event was attended by Sen. Giorgio Maria Bergesio, Vice President of the IX Industry Commission of the Senate of the Republic, representatives of the institutions, including Hon. Salvatore Deidda, President of the IX Commission of the Chamber of Deputies, Sen. Elena Leonardi, X Commission on Health and Labor of the Senate of the Republic, Hon. Alberto Luigi Gusmeroli, President of the X Commission of the Chamber of Deputies, Simone Bettini, Vice President of Federmeccanica with a mandate for Structural Growth of Businesses, Alesia Sabbatino, EY Corporate Sustainability Expert, along with Michele Viale, Managing Director of Alstom Italy, and the journalist Diletta Parlangeli who moderated the interventions.

In addition, the Hon. Massimo Bitonci, Undersecretary of the Ministry of Made in Italy Enterprises, sent a written greeting to the participants.

Giorgio Maria Bergesio, Vice-President of the 9th Committee on Industry and the Senate of the Republic Senator said: “It has been a pleasure to host today this important initiative dedicated to the presentation of Alstom's first Impact Report, which, by tracing the results of the company's impact on our country's economy, testifies to Italy's ability to be an attractive territory for companies in all sectors, starting with the strategic one of mobility. The data and results contained in the report show how commitment to digital innovation and sustainability can be a driver of employment and growth for the country within the European context, in a scenario characterized by complex challenges at the international level. But you don't need a report to understand the positive impact that a company as Alstom represents in the territories where it is present; I can realize this when I go back to the province of Cuneo, where Alstom is present in Savigliano with its most important site. These are issues, which also in the work we deal with on a daily basis in Parliament and particularly in the Industry Committee, emerge as an absolute priority of this government and this majority. The Made in Italy law, which is about to turn one year old, is a clear example of the desire to enhance the productive excellence of our country.”

“Alstom continues to be a strategic partner for the sustainable development of rail transport and the Italian economy. With a contribution to the GDP of more than € 1.019 billion generated in the past two years and supporting more than 14,000 jobs, Alstom is an accelerator of employment and professional development for thousands of people in Italy.” - said Michele Viale, Managing Director of Alstom Italy, “In an Italian mobility system characterized by great dynamism and constant growth, supported by the PNRR and the IPCEI Fund, Alstom continues to invest and is pleased today to announce a new investment plan of more than €63 million that will give further boost to our business, with an important impact on the entire Italian railway sector.”

Alstom contributes to the development of the Italian economy

Alstom is constantly committed to enhancing the industrial ecosystem by fostering the development of local talent and expertise. In FY2023-2024, Alstom Group purchased goods and services for a total of € 829 million from more than 1,500 Italian suppliers. The Group also promotes Italian excellence abroad, exporting “made in Italy” technologies to many countries including Switzerland, Ireland, Denmark, Poland, Sweden, Germany, India, Mexico, Argentina, the Philippines and Egypt. This allows Italian companies that collaborate with Alstom to access international markets, also taking advantage of the experience acquired in meeting the high quality and safety standards adopted by Alstom.

Innovation at the service of citizens' mobility

Alstom promotes a modernization path for the Italian rail network through the implementation of the European Rail Traffic Management System (ERTMS), which will increase rail capacity by up to 40% and improve the operational efficiency of networks. The “New Platform for Environmentally Sustainable Trains to Benefit European Railway Interoperability” project, promoted by Alstom in collaboration with the Ministry of Made in Italy, also aims to create an innovative and modular electric train platform capable of coping with the fragmentation of local and intercity rail networks across Europe.

With a strong commitment to the decarbonization of Italian rail transport, Alstom designs and implements advanced technologies to transform diesel train fleets into more sustainable solutions, such as electric, hydrogen and battery-powered trains. In Italy, it has developed a hydrogen-powered version of the Coradia Stream™, which will be introduced on the Brescia-Iseo-Edolo line in Valcamonica, a project developed thanks to IPCEI funds from the European Union.

Environmental sustainability: by 2050 Alstom will achieve environmental neutrality

With the aim of achieving high standards of environmental sustainability, Alstom will use 100% renewable energy at all national sites. The company has set ambitious targets to reduce CO2 emissions, aiming to achieve “net zero” by 2050, with intermediate milestones for 2025 and 2030.

Alstom is taking an eco-design approach to minimize the environmental impact of its products by optimizing the use of materials, reducing pollution in production and delivery, and improving energy efficiency with actions such as insulating buildings, monitoring temperature, installing LEDs, improving lighting control systems, and installing photovoltaic panels in plants. The company also continues with a strong commitment to waste reduction, and as of today already 98% of the waste produced is recycled.

Social sustainability: Alstom's commitment to the community

Alstom promotes corporate welfare programs by organizing activities and initiatives for mental and physical well-being. The Group promotes home-work balance programs and pro-parenting policies through two programs, “The Lifeed Path” and “Paths: Parents born, parents growing,” which help families.

Diversity, inclusion and employee development are key pillars for Alstom. The inclusion of women in the workplace is a priority, as is the training and development of the soft and hard skills among all employees, thanks to more than 96,400 hours of training completed.

Alstom Italy has been certified Top Employer 2024, an award for excellence in HR practices. Alstom's commitment also extends to local communities through major projects, volunteer initiatives, organized collections and donations to organizations. In addition, in the past two years Alstom has been engaged in a campaign to fight violence against women throughout Italy involving more than 4,000 people including institutions, associations, employees and citizens. Alstom's commitment to communities includes several partnerships with Associations. At the beginning of 2024, Alstom also achieved the CSR label assessment, based on the ISO 26000 guidelines, obtaining the 'Exemplary' level.

[1] The data shown in the report refer to FFY 2023/24 and 2022/23. The model used by EY to represent the socio-economic cascading effect within a given territory is based on the studies of economist Wassily Leontief, Nobel Laureate in Economics in 1973. This research focuses on the use of symmetric input-output tables that simulate the interdependence of all sectors of an economy.