Fastweb Benefit Company

Sustainability, transparency and ethics are the foundations on which Fastweb and its employees work. Alongside the growth and development of its business, Fastweb has always set itself the goal of guaranteeing people and the country a more connected, inclusive and environmentally sustainable future.

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Read the 2023 Impact Report

The Benefit Company’s 2023 Targets have been largely achieved. For more information, consult the Impact Report.

To make this goal even more effective and tangible, Fastweb has taken the status of Benefit Company as at 1 January 2022, further confirming its will to indelibly imprint in its DNA, in its daily life and in future generations of directors and managers, the focus on sustainability that has always distinguished it.

This approach is aimed at formally balancing what is beneficial to shareholders with what is beneficial to stakeholders. Fastweb thus becomes also formally a company that works according to a sustainable development model in the interest of all stakeholders, and that shares the value generated and its own growth in the community in which it operates.

By becoming a “Benefit Company”, Fastweb adopts the stakeholder company model, which combines the typical business objectives of a company with those of an institution that operates in a sustainable manner for the community, the country and the environment.

Fastweb, as a Benefit Company, defines annual Common Benefit goals that have a material, objective and measurable impact for all stakeholders involved and adopts all measures aimed at ensuring maximum transparency as well as the stakeholder involvement in the process of defining and reporting on its operations.

Objectives for 2024
A more connected Future
+800,000 household connected using technologies that support speeds of 1 Gbit/s or faster
We want to give more and more people the opportunity to connect via ultra-performing, stable and secure networks. In addition to being our core business the wide availability of fast, state-of-the-art networks can generate a huge positive impact by creating new opportunities for everyone.
+2.5% percentage of the population covered by 5G connectivity (2023 baseline)
We want to increase the percentage of Italy's population covered with 5G technology by adding 2.5% to the baseline of 72.2% reached in 2023.
A more inclusive Future
+100,000 participants trained through Fastweb Digital Academy to contribute to narrowing the digital skills gap
The new digital inclusion targets for 2024 include boosting the training program to reach 100,000 participants in digital skill training courses at Fastweb Digital Academy.
participants trained through FDA
Involve at least 50% of Fastweb employees in initiatives that support the values of diversity, equity and inclusion
We have embarked on a training and awareness program on Diversity & Inclusion issues that will involve the entire corporate population. By 2024 we are committed to reaching more than 50 percent of the people in Fastweb with our actions through dedicated and cross-cutting activities.
> 50%
50% of new hires women
We want to be more inclusive and to continue growing the female population within its organization. That is why in 2024, the company has set the target of making at least 50% of all new hires women.
of new hires women
+3,000 participants in STEP FuturAbility District's cultural-scientific program
We want to help people get closer to the future through a program of free workshops, lectures, and laboratories for all ages, involving personalities from science and culture.
+3,000 students participating in in STEP FuturAbility District's educational program
We want to help students become the protagonists of their own future and get closer to digital culture by visiting STEP and participating to Educational Workshops. We offer interactive and engaging experiences with experiential teaching based on the ministerial school curriculum.
A more eco-sustainable Future
Reduction of 50% direct CO2 emissions – vs 2018 baseline
We are committed to combating climate change, which is why we seek to reduce our direct CO2 emissions year by year. By 2024 we will reduce our direct emissions by more than 50 percent compared to 2018 emissions (Scope 1).
compared to the 2018 baseline
100% use of renewable sources
The target set for Scope 2 emissions in 2023 was to continue buying 100% of electricity from renewable sources, a practice that Fastweb had already adopted since 2015. This target was reached through the annual renewal of supply agreements with the purchase of Guarantees of Origin directly from the power supplier.
1.5 GWh Energy efficiency – reductions in kW/h
In terms of energy efficiency, the company plans to continue investing to increase energy efficiency by a nominal 1.5 GWh per year.
– 1.5
111,034 ton credits purchased for CO2 offset in 2024
Fastweb is committed to offsetting residual emissions that cannot be otherwise eliminated through other actions. The company upholds this commitment by purchasing carbon credits from major international forestation, forest protection and renewable energy production initiatives.
tonnes of CO2