A2A presents the first Index measuring the impact of stakeholder engagement on local areas and business

Presentation of the Engagement Value Index Report, developed by A2A with SDA Bocconi and TEHA in Rome during an event organised with Assonime

Rome, 19 March 2026 – Measuring the value generated by stakeholder engagement activities for companies and local communities, demonstrating that the Just Transition is a pathway that benefits both territories and businesses. This is the objective of the Engagement Value Index, the Report developed by A2A to assess the impacts generated on local areas, together with SDA Bocconi School of Management, and on business, with the contribution of TEHA (The European House – Ambrosetti), proposing two complementary indices.

The study, based on the annual dialogue and listening program developed by A2A in the areas where the Group operates, shows that stakeholder engagement improves the quality of relationships with the company by nearly 30% and that, in 80% of cases, reputational benefits extend across the entire organisation.

Engagement initiatives foster knowledge sharing and facilitate the creation or strengthening of synergies among different stakeholders on issues requiring a cooperative approach. Over 75% of participants in the study report feeling more motivated and confident in their ability to contribute concretely to the sustainable transition, while 65% state their intention to reconnect or strengthen relationships with other participants to launch sustainability projects.

The event, held at Assonime’s headquarters, opened with remarks by Roberto Tasca, Chairman of A2A, and Stefano Firpo, Director General of Assonime.

“Stakeholder engagement is a strategic lever in pursuing the Just Transition, but to be truly effective it must be systematically integrated into decision-making processes and corporate culture,” commented Roberto Tasca, Chairman of A2A. “Within our Group, since 2015 the ESG and Local Area Relations Committee has supported the Board of Directors in defining engagement initiatives and, in 2022, promoted the development of a structured policy outlining its strategic and operational framework. Our commitment to measuring the effects of these processes on the company and on the territories involved is a natural consequence. The returns are tangible in terms of dialogue and participation, but we also wanted to assess the concrete impact and the enabling empowerment capacity generated. For this reason, we welcomed the latest guidelines issued by the Corporate Governance Committee, which aim to strengthen the Board’s role in defining stakeholder listening and engagement strategies. We align with these recommendations, which confirm the importance of engagement tools for long-term value creation and the central role of dialogue in triggering synergistic dynamics for sustainable development.”

In his speech, Stefano Firpo, Director General of Assonime, emphasized that: “Dialogue with all relevant stakeholders has become a cornerstone of the contemporary business model and represents an essential tool for value creation that takes into account environmental and social sustainability. Assonime’s analyses show a growing commitment by companies in this direction, but also the need to strengthen the integration of stakeholder dialogue into strategy and business model definition. In this context, the recommendation issued last December by the Corporate Governance Committee encourages listed companies to adopt a specific ‘stakeholder engagement policy’, in which the Board of Directors plays a fundamental role in guidance and oversight.”

A2A’s Multi-stakeholder Forum journey is increasingly becoming a key factor for the Group, as demonstrated by the 14 stages organized in 2025, focused on the supply chain and local industrial ecosystem, involving over 400 participants in discussions and in the sharing of tools and knowledge useful to concretely address the ESG transition.

The ability to measure the impact generated by these initiatives is essential both from an accountability perspective and, when integrated into decision-making processes, to guide future strategic actions. On one hand, it strengthens the Group’s reporting capabilities, also in light of the requirements of the European Sustainability Reporting Standards, which require companies to document their impacts on communities. On the other hand, it enhances the quality of decision-making processes, enabling choices oriented toward a long-term perspective and carefully considering both the costs of action and inaction, in line with the latest Corporate Governance Committee guidelines.

The results of the Report were discussed in a roundtable with Marcello Bianchi, Head of Capital Markets and Corporate Governance at Assonime; Carlo Cici, Head of Sustainability Practice at TEHA; Francesco Perrini, Associate Dean for Sustainability and Director of the Sustainability Lab at SDA Bocconi School of Management; and Carlotta Ventura, Chief Communications, Sustainability and Regional Affairs Officer at A2A.

Contacts:
Giuseppe Mariano
Head of Media Relations, Social Networking and Web

Silvia Merlo - Marta Leggio 
Press release Officer
ufficiostampa@a2a.it
Tel. [+39] 0277204583