Umberto Tosoni
Chief Executive Officer

«We are fully aware that sustainable action is a tool to improve our industrial and economic performance and to create value in the medium to long term for all our Stakeholders.»

Umberto Tosoni
Chief Executive Officer

Our purpose

To contribute to the growth, sustainability and development of the regions in which we operate our infrastructure.

Highlights 2021 

Highlights 2020 

Sustainability indices

Sustainability indices and ratings assess companies based on their environmental, social and governance (ESG) performance. They are the recognition of a clear long-term strategic vision, stability of operational management and commitment to meeting environmental and social needs.

Below are the results achieved so far by ASTM:

sostenibilita Astm - -

CDP Climate Change

In 2021 ASTM was confirmed as a global leader in the fight against climate change by Carbon Disclosure Project (CDP), a global environmental non-profit organization, achieving an A- rating, above the European regional average (B) and the sector average (B).

The Group was assessed on the basis of the actions introduced to reduce emissions, mitigate climate risks and develop a low-carbon economy, based on the data reported in the 2021 climate change questionnaire prepared by CDP.

Of the more than 13,000 companies that joined the initiative in 2021, 200 are Italian and of these 10% have reached a level of Leadership (A / A-).

Standard Ethics Rating

Standard Ethics, an independent sustainability rating agency, has confirmed a Standard Ethics Rating on ASTM, assigning an EE (full investment grade) rating, recognising how the Company has adopted both ESG reporting models and sustainability strategies in line with international guidelines promoted by the UN, OECD and the European Union and has adequately addressed environmental, social and security issues.

The outlook attributed to ASTM is “Positive“, foreseeing a Long Term Expected SER over 3/5 years of EE+ (Very strong).



The ESG rating of Sustainalytics measures how companies manage environmental, social and governance matters. The rating provides an assessment of the ability of companies to mitigate risks and exploit opportunities.

Sustainalytics assigned a Top-Rated award to ASTM in its sector (transport infrastructure) and geographical area (Europe).

On a scale of five risk categories (negligible, low, medium, high, severe) the ESG Risk Rating attributed to ASTM is equal to 10 (Negligible), i.e. the economic value potentially at risk due to ESG factors not managed is negligible.


ASTM achieved an MSCI ESG rating of A. The MSCI ESG rating is designed to measure the resilience of a company to long-term environmental, social and governance (ESG) risks in the sector. The ESG ratings vary from leader (AAA, AA), average (A, BBB, BB) to laggard (B, CCC).

Integrated Governance Index 2022

The ASTM Group has been recognized as the best unlisted company in Italy in terms of the successful integration of its sustainability objectives into its governance model, gaining the first place in the Integrated Governance Index 2022.

The Integrated Governance Index (IGI), an project now in its seventh edition, aims to measure how ESG (Environmental, Social and Governance) factors are integrated into corporate strategies. Profiling itself as an indicator of a company’s ESG Identity, the IGI ranking attests to sustainability governance within the organization, that is the level of integration of non-financial variables (ESG) into good corporate governance.

Bloomberg Gender-Equality Index 2021

As part of our ongoing commitment to implement gender equality policies, we are proud to announce our inclusion in Bloomberg’s 2021 Gender-Equality Index (GEI), an international index that measures the performance and quality of a company’s reporting in the field of gender equality.

The inclusion in the Bloomberg Index testifies ASTM commitment to promote an increasingly inclusive work environment.

For more information about #BloombergGEI please visit:

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Agency/Organization Rating
CDP Climate Change A-
Standard Ethics Rating EE (full investment grade)
Sustainalytics Top rated 10 (Negligible)
Integrated Governance Index 2022
Bloomberg Gender-Equality Index 2021