Board induction
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Board induction

board induction

 Snam holds specific board induction sessions for members of the Board of Directors and the Board of Statutory Auditors.

Snam takes a proactive approach to improving the Company’s efficiency by involving directors and statutory auditors in Board induction sessions.

In 2021, Board induction sessions were held and attended by the members of both the Board of Directors and the Board of Statutory Auditors.

The board induction sessions, in accordance with the provisions of the Corporate Governance Code, were designed to provide Directors and Statutory Auditors with timely updates concerning the business sector in which the Company operates, also in light of the Company's dynamics and the evolution of the corporate structure, as well as in-depth analyses concerning issues related to the energy transition process and related strategic objectives, such as, for example, the role of hydrogen. The sessions were designed and led by the management teams of the relevant departments.

In particular, in 2021, the following meetings took place in which the issues indicated were explored:
- 14 January: “Energy Transition Platform”;
- 24 May: “Initiatives in the field of sustainable mobility”;
- 15 June: “Hydrogen development projects and Hydrogen ready assets”;
- 14 September: “International markets and development prospects”;
- 11 October: “New business 2021 performance”; “Update on gas and H2 transport, storage and market scenarios”; “Transport of Hydrogen in the existing pipelines”;
- 19 October: “Storage Business Update”; “People: talent development and welfare initiatives”; “Evolution of the regulatory framework”.

In relation to off-site visits, which allow directors and statutory auditors adequate knowledge of the Company’s business sector, on 11 October 2021 a visit was made to the Snam Rete Gas plant in Malborghetto (UD).

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updated
12 April 2022 - 09:00 CEST