Supporting the economy wherever we operate
In 2021, the economic value generated amounted to 11,582 million euros, a 68.6% increase on the previous year.
Of this amount, 10,732 million euros were distributed to stakeholders: suppliers of goods and services (87%), employees (7%), venture capital providers (1%), public institutions and communities (2%), shareholders (3%). Approximately 7% of the economic value generated was retained by the Group as profit, reserves and amortisation.
In 2021, investments made in Group activities totalled 1,074 million euros (+46% compared to 2020). These investments were made in line with the business plan and based on the two main pillars of the circular economy and energy transition.
We also have a solid and long-standing relationship with the European Investment Bank (EIB) in support of the Group’s investment programme. The EIB funds specific investment projects that comply with particular requirements of sustainability, applying economic conditions that are generally more favourable than those of more common forms of financing. At 31 December 2021, the value of this financing stood at around 758.5 million euros.
Investments by Business unit
Some 2021 numbers
11,582€M
Economic value generated
758.5€M
EIB financing
500€M
Sustainability-Linked Bond