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Environmental, Social and Governance Committee

Laura Cavatorta

Laura Cavatorta - Chairman

Independent director

Born in Treviso in 1964.

Graduated in Sociology with full marks.

She acquired over twenty years of managerial experience in air transport, with roles of increasing responsibility in the Alitalia Group from 1995 to 2017. She has held positions of operational responsibility with a workforce of 3,000-5,000. She has acquired specific expertise on the phases of restructuring, mergers, acquisitions and receivership, and on impacts, including process re-engineering and HR dynamics, acquiring particular consciousness of the many dimensions involved in each corporate “change”.

AICAS member – Italian Association of Directors and Statutory Auditors.

She has attended courses for Directors with Assogestioni and Valore D.

She has a keen interest in corporate governance, and in particular has examined ESG matters and the various expressions through which to substantialise an approach aimed at sustainable development over time. She is an active follower of the B Corp movement, committed to disseminating a paradigm of sustainable business, able to develop profits while impacting positively on society and the environment.

EWDM member – European Women’s Development Management, N4I member – Net4Impact, ITB Alumna.

 

Related material:

> Shareholdings if held

> Internal dealing

Rita Rolli

Rita Rolli

Independent director

Born in Forlì in 1969.

Graduated in Law with honours from the University of Bologna.

She is a Court of Cassation lawyer and pursues her professional activity in the field of civil law, commercial and corporate law - both in court and out of court and in arbitration procedures - and bankruptcy law (Studio Galgano).

She teaches as a Full Professor of Private Law on the Master’s degree programme in Law in the Department of Law at the University of Bologna.

She offers advice to leading companies in Italy, including ones listed on the Italian stock exchange, with reference to Corporate Governance and relations with CONSOB, national and international contract regulations, and legal assistance and consultancy in extraordinary corporate transactions.

She is an Independent Director and Chair of the Control, Risk and Related Party Committees of IMA S.p.A and Independent Director and Chair of the Control and Risk Commitee as well as member of the Related Party Committee of Trevifin S.p.A.

She has written many publications and legal monographs and contributes to the compilation of prestigious legal journals.

 

Related material:

> Shareholdings if held

> Internal dealing

Yunpeng He

Yunpeng He

Non-executive director

Born in Baotou City (Inner Mongolia, China) in 1965.

Bachelor's Degree and Master's Degree in Electric and Automation Engineering from Tianjin University. Master's degree in Management of Technology from the Rensselaer Polytechnic Institute (RPI).

Currently holds the office of Board Director of CDP Reti S.p.A., Terna S.p.A., Italgas S.p.A. and IPTO S.A. (the TSO for the Hellenic Eletricity Trasmission System).

He has held the following positions at State Grid Tianjin Electric Power Company: Vice Chief Technical Officer (CTO) from December 2008 to September 2012, Director of the economic and legal department from June 2011 to September 2012, Director of planning and development department from October 2005 to December 2008, Director of the planning and design department from January 2002 to October 2005.

He has also held the position of Head of the Tianjin Binhai Power Company from December 2008 to March 2010 and of Chairman of the Tianjin Electric Power Design Institute from June 2000 to January 2002.

From January 26, 2015 he is a Board Director of Snam S.p.A.

 

Related material:

> Shareholdings if held

> Internal dealing

Main duties

The Committee is composed of three non-executive directors, two of them are independent, as defined by the Corporate Governance Code.

The Committee shall offer advice and recommendations to the Board of Directors in order to promote the continuous integration of national and international best practices into the corporate governance of Snam and of environmental, social and governance matters into the company’s strategies so as to create value for shareholders in general and for stakeholders in the medium to long-term, in accordance with the principles of sustainable development.
The committee, in particular, shall have the following functions:

  • monitor the alignment of the corporate governance system with the law, the Corporate Governance Code and national and international best practices, making proposals to the Board of Directors;
  •  prepare the board review activities, submitting the relative proposals to the Board of Directors;
  •  draw up and propose diversity policies to the Board of Directors as specified in letter (d-bis) of article 123-bis of the CLF;
  • examine the Company’s policies on human rights, business ethics and integrity, diversity and inclusion; the policies to integrate environmental, social and governance issues into the business model, including through the analysis of the relative KPIs;  the initiatives undertaken by the Company to address issues raised by climate change and the relative reporting; the approaches, objectives and consequent processes regarding sustainability and the sustainability reporting submitted annually to the Board of Directors; the correct use of the standards adopted in order to prepare the non-financial information and the document to be submitted for the approval of the Board of Directors, including and liaising with the Control, Risk and Related Party Transactions Committee, the reporting of risks that may be important in terms of sustainability also in the medium/long-term; the profit and not-for-profit strategy of the company and the Company’s gas advocacy initiatives; and the sustainable finance initiatives.
  •  monitor the positioning of the Company with respect to the financial markets on sustainability issues, with particular reference to the Company’s placement in the ethical sustainability indices and international initiatives on environmental, social and governance matters and the Company’s participation in them, in order to consolidate the company’s international reputation.
  •  after every meeting, the Committee shall update the Board of Directors by reporting, at the first available meeting, on the topics discussed and the comments, recommendations and opinions formulated therein; it shall also report to the Board, at least once every six months and no later than the dates on which the annual and half-yearly financial report are to be approved, on the activities it has carried out, in the board meeting indicated by the Chairman of the Board of Directors.

Read 2018 Sustainability Report.

Regulations of the Environmental, Social and Governance Committee

snam's ethics

Read more about Snam's Ethics

Read more
snam sustainability

Find out about our Sustainability

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Strategy and commitments

Go to our strategy and commitments

Read more

 

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updated
24 October 2019 - 10:07 CEST