Autostrade per l'Italia has embarked on a transformation path in line with the sustainable development goals of the 2030 Agenda of the UN General Assembly, to reduce the carbon footprint and make mobility increasingly sustainable, safe, innovative and efficient. Autostrade is strongly committed to playing a key role in sustainability by adopting a business model that puts sustainability at the center of every business activity, including financial strategy, and believes that the development and use of sustainability-linked instruments can contribute in this sense.

In addition, the publication in December 2022 of its first Sustainability-Linked Financing Framework further consolidates the link between sustainability and financial strategies.

Autostrade per l'Italia’s Sustainability-Linked Financing Framework has received the Second party opinion (SPO) of Moody's ESG, a leading provider of services to ESG investors, that certifies the alignment of the Framework with the related main international standards.

Sustainability-Linked Bond

Since 2023, Autostrade per l'Italia issued 2.5 billion euros of sustainability-linked bonds in four tranches, whose margin is linked to the achievement of specific objectives relating to the reduction of GHG and the installation of charging stations for electric vehicles along the motorway network, in line with the commitments set forth in the Sustainability-Linked Financing Framework.

These two SLBs, listed on the Euronext Dublin and admitted on the Luxembourg Green Exchange (LGX) platform, contribute to reach the following sustainable goals: SDG 9 (Industry, Innovation and Infrastructure), SDG 11 (Sustainable cities and communities) and SDG 13 (Climate Action).

Bondholders
9
11
13
ESG Linked facility

The company has subscribed to a series of bilateral revolving Sustainability-linked credit facilities (totalling 2.3 bn euros as of 31 December 2023) whose margin may be subject to an adjustment with respect to the achievement of specific ESG objectives.