Leonardo Chief Financial Officer, Alessandra Genco, was last night awarded the ‘CFO Award 2021’ in recognition of her bringing “new dynamism and a significant boost to the improvement of integrated reporting processes” at the company.
Now in its sixth year, the ‘CFO Award’ is the first such prize in Italy, and was conceived by independent international consulting firm Accuracy and the National Association of Financial Administrative Directors (ANDAF) in partnership with Borsa Italiana and ELITE. It is dedicated to those Financials Directors who have distinguished themselves for quality, professionalism and team spirit.
The ‘CFO Award’ commission acknowledged the work of Alessandra Genco and her team “having given a new dynamism and a significant boost to the improvement of integrated reporting processes in a multifaceted and highly technological business such as Leonardo.” The development of an integrated vision of all resources – from human to technological – has allowed the company to connect financial performance and information of an environmental, social and governance nature in a synergistic way, “supporting Leonardo’s ability to create value for the benefit of all the company’s stakeholders,” according to the ‘CFO Award’ panel of experts.
As well as the overall ‘CFO Award’, Leonardo’s CFO also received this year’s ‘Environmental, Social and Governance (ESG) Award’ which acknowledges work carried out increasingly aimed at addressing the needs of investors who are more attentive than ever to the issues of ethical and sustainable development in the conduct of company business.
“For Leonardo, being committed on ESG means business competitiveness and credibility in the financial markets. In our first Group Integrated Annual Report, published in 2020, we offered a complete, measurable and transparent view of the value generated by Leonardo,” explained Alessandra Genco, who has been Leonardo CFO since October 2017. “The Report connects financial performance with environmental, social and governance information based on international standards and measurable criteria, which are also related to the United Nations Sustainable Development Goals. The Leonardo model is based on the protection and enhancement of all resources: human, financial, technological, intellectual, manufacturing, social and natural. We firmly believe that investing in these areas in a harmonious way will generate returns and value creation in the medium and long term.”
This approach undertaken by Leonardo has allowed the company to demonstrate energy and capacity for innovation, as confirmed by the recognition it has obtained: from inclusion for 11 consecutive years in the Dow Jones Sustainability Index, and as Industry Leader in the last two, to the inclusion in the CDP A List on climate change; from the appointment as Global Compact Lead to inclusion in the Bloomberg Gender Equality Index for transparency on gender diversity and equal opportunities up to the classification in band A of the Defence Companies Index on Anti-Corruption and Corporate Transparency of Transparency International.