Social Balance Sheet 2022

SOCIAL
BALANCE
2022
1

Progect Consulting
www.refe.net
2

Index
Summary
Letter from the President............................................................................................................................ 4
Methodology adopted for the editing of the Social Balance ............................................................................... 5
IDENTITY ................................................................................................................................................. 6
General information about the Entity ............................................................................................................................................6
History..................................................................................................................................................................................................6
Logistics: an evolving Sector.............................................................................................................................................................7
FERCAM’s commitment to a sustainable future ........................................................................................................................ 11
Mission.............................................................................................................................................................................................. 12
Areas of activity and sustainable development goals addressed ............................................................................................ 12
Statutory activities .......................................................................................................................................................................... 13
STRUCTURE, GO VERNANCE AND ADMINISTRATION........................................................................................ 14
The members................................................................................................................................................................................... 14
Governance and Control System .................................................................................................................................................. 14
Assembly of Shareholders......................................................................................................................................................... 14
Board of Directors ...................................................................................................................................................................... 15
Oversight Body............................................................................................................................................................................ 16
Stakeholder mapping ..................................................................................................................................................................... 16
PEOPLE OPERATING FOR THE ENTITY .......................................................................................................... 19
Type, consistency and composition ............................................................................................................................................. 19
Training and valorization activities............................................................................................................................................... 19
OBJECTIVES, ACTIVITIES AND RISULTS.......................................................................................................... 21
UPCYCLING....................................................................................................................................................................................... 22
FERCAM Echo Park ..................................................................................................................................................................... 22
Prologis Park Romentino (NO) ................................................................................................................................................. 23
Sustainable setup for the Green Logistics Expo of Padova.................................................................................................. 25
Electrolux dining Hall ................................................................................................................................................................. 26
RESEARCH......................................................................................................................................................................................... 28
Collaboration with the Faculty of Economics - Department of Management of Sapienza University of Rome ......... 28
Collaboration with the Department of Architecture of Roma Tre University - Models and prototypes Laboratory . 28
EDUCATION...................................................................................................................................................................................... 31
FERCAM Echo School projects ................................................................................................................................................. 31
FERCAM Rom-E village .............................................................................................................................................................. 32
Open doors for FERCAM Rome Staff....................................................................................................................................... 34
Institutional Communication ........................................................................................................................................................ 35
Future Perspectives ........................................................................................................................................................................ 35
ECONOMIC-FINANCIAL SITUATIO N ............................................................................................................. 36
Balance Sheet .................................................................................................................................................................................. 37
Income Statement .......................................................................................................................................................................... 38
3

Letter from the President
I am both pleased and somewhat moved to introduce this first Social Balance Sheet of FERCAM Echo Labs, a
non-profit Social Enterprise, which gives us the opportunity to transparently share, with clear figures, the
motivations behind our inception, the projects we are undertaking, and our commitment to rethink the
future in terms of sustainable growth, balancing environmental health, social equity, and economic
efficiency.
FERCAM Echo Labs was founded in December 2021 from the desire to create an area within the FERCAM
Rome Branch where both direct and indirect personnel could spend moments of sharing and break. From
this gesture of attention to the enterprise that I have the honour to preside over, the step was short.
In just this first year, FERCAM Echo Labs has been able to develop and clearly define itself: it is based on an
important circular economy project involving the upcycling of discarded wooden pallets; promotes the
integration and inclusion of vulnerable categories; offers research and reflection opportunities to students of
all ages through workshops and volunteer activities, but above all, proposes an original and virtuous
management and organizational model, founded on the sharing of skills, knowledge, resources, and passion.
Our project has found its best expression and most original characteristic in the ability to network with both
profit and non-profit organizations, which more than anything else, gains consensus and attracts the interest
of companies that have found in us a concrete ally in the realization of their CSR programs. In this report, you
will find the testimony of some of these organizations and individuals with whom we are sharing initiatives
and projects with a common vision: to offer people and places opportunities for growth and development,
placing the well-being of people and careful and prudent resource management at the center of our action.
It is important for me to conclude by emphasizing that none of this would have been possible without the
vision of FERCAM SpA, with whom we share the strategy, commitment, and resources to fuel an industrial
symbiosis process that is circular beyond all expectations: together, we manage to give new life and value to
materials at risk of waste, which "return home" in a new form to make the places where colleagues build the
company's history every day more beautiful and functional!
Happy reading!
4

Methodology Adopted for the Drafting of the Social Balance Sheet
The Social Balance Sheet is the outcome of a process by which the organization accounts for its choices,
activities, results, and resource use, enabling various stakeholders to know and make an informed
assessment of how it interprets and realizes its social mission.
The objective of the social balance sheet is to measure and communicate the sense and value of the work
carried out to reinforce dialogue and trust with different stakeholders.
Reporting Standards
The Social Balance Sheet is prepared according to the guidelines for the drafting of the social balance sheet
of third sector entities issued by the Ministry of Labour and Social Policies on July 4, 2019.
The reporting period is the year 2022 (from January 1 to December 31), which coincides with the financial
year and represents the first year of activity for FERCAM Echo Labs.
The document, therefore, represents the zero drafting of the Social Balance Sheet and complies with the
requests of the Guidelines, and it is specified that in future editions, the mapping of risks and actions taken
to mitigate potential negative impacts must be integrated.
It is specified that information related to the meetings of the entities responsible for managing and
approving the balance sheet (number of participants, main issues addressed, and decisions taken during the
meetings) are included in the "Structure, governance, and administration" section.
The document conforms to the principles of social balance sheet drafting indicated in the Guidelines:
relevance, completeness, transparency, neutrality, period competency, comparability, clarity, truthfulness
and verifiability, reliability, and autonomy of third parties.
Other Information on the Reporting and Methodology Process
The first Social Balance Sheet of FERCAM Echo Labs was developed by the Working Group formed by Bettina
Baumgartner, Dino Menichetti, Claudia Coscarella, Lorena Biasi, and Andrea Boninsegna with the support of
Refe – Sustainable Development Strategies, according to the Rendersi conto per rendere conto® method.
The Refe method supports rigorous and credible reporting and produces lasting changes both on the
strategic-management dimension and on the communicative and participative one.
The Rendersi conto per rendere conto® activates an internal analysis aimed at explicating the vision,
strategic objectives, and operation of the organization, with a punctual verification of interventions and
actions carried out, resources allocated, and results and effects obtained. The reporting – the outcome of
realizing – feeds processes and tools of reporting and communication.
The Social Balance Sheet was approved by the Board of Directors and is available on the website
www.echolabs.fercam.com/it
5

IDENTITY
General Information about the Entity
Name of the Entity : FERCAM Echo Labs srl social enterprise
Tax Code and VAT number: 03144410218
Legal Form: Limited liability company
Qualification under the Third Sector Code: Social enterprise, registered in the RUNTS with Repertoire
number 14886 - mass registration of social enterprises on March 21, 2022
Registered Headquarters: Via Marie Curie 2, 39100 Bolzano BZ – Italy
Operational Headquarters : Via Amaseno 52, 00131 Rome RM – Italy
Operational territorial areas: The entire Italian territory
History
FERCAM Echo Labs was founded on December 22, 2021, at the initiative of FERCAM, stemming from a
simple need at the FERCAM Rome headquarters: to create, in an environmentally friendly manner, an area
available to direct collaborators, warehouse staff, and drivers, where they could take a regenerating break.
To realize this project, FERCAM Fine Art technicians recovered two obsolete mobile crates that were
transformed into an innovative and welcoming space. From this single small drop, larger waves were
generated. From this first initiative, the scope of action expanded. From this, it was understood that it is
possible to generate a significant and positive impact on people and the environment, leaving a footprint to
be proud of.
6

Logistics: An Evolving Sector
14% 5 mln 180 kg 90%
contribution of the logistics
sector to the EU GDP
people employed in the freight
transport and logistics sector
in the EU
packaging waste produced on
average each year in Europe
per citizen
of the pallets used in logistics
is made of wood, the rest in
plastic, metal, and cardboard
Transportation represents a strategic sector of the European Union's economy, which directly affects the
daily lives of citizens. It is a sector capable of generating added value and developing new services for people
and businesses, as well as being functional to the competitiveness of territories and the production system.
In addition to offering a significant contribution to the European economy, transportation employs about 10
million people, half of whom are employed in the freight transport and logistics sector. In Italy, about 85.000
companies provide freight transport and logistics services and employ 1.2 million workers.
The sector is at the centre of a transition process to ensure greater environmental sustainability, in addition
to the economic and employment impacts. At the European level, in fact, transportation causes about 25%
of CO 2 emissions, and freight transport "pollutes" more than passenger transport, accounting for 36% of the
sector's emissions.
Among the environmental impacts of the logistics sector, there is waste generation. Specifically, packaging is
among the main products using virgin materials: 40% of plastic and 50% of paper used in the EU are, in fact,
intended for packaging. If no action is taken, by 2030 the EU will register a further 19% increase in packaging
waste and, for plastic packaging waste, even 46%. Through specific regulations and policies, the EU aims to
reduce, by 2040, packaging waste per capita per Member State by 15% compared to 2018 through reuse
and recycling.
In Italy, in 2021, 3.394.066 tonnes of packaging were used, of which 16.40.106 new pallets and 934.384
pallets re-entered. In 2021, the tonnes of regenerated and re-entered packaging amounted to 908.066,
equivalent to over 70 million pallets.
7

Over 3 mln t of packaging used in Italy
1.640.106
934.384
490.117
163.310
65.827
33.501 12.704
New Pallets Re-entered Pallets Industrial Fruits & Vegetables Materials Other Cork
FERCAM, aware of the environmental impact of the sector in which it operates, constantly monitors the
production and management of waste resulting from activities:
• Warehouse: paper and cardboard packaging, plastic, wood, and mixed
• Offices: paper, plastic, residue, electrical and electronic equipment, toners, and neon
• Workshop (to a limited extent): iron and steel, oil filters, lead battery, and end-of-life tires.
The waste produced is mainly related to warehouse activities, and the data related to the production 2019-
2021, which overall decreased by 2% , are presented below.
FERCAM packaging waste by type (t)
2.947
1.985
1.767
2.078
2.290
1.967
315
298
468
Paper and cardboard packaging Wooden packaging Mixed packaging
2019 2020 2021
Regarding packaging, special attention must be given to wood. Wood is the most used material for pallets -
90% of which are made of wood, while the rest are made of plastic, metal, or cardboard - and represents a
key element of the global supply chain, used in 80% of world trade.
Pallets are mostly made of virgin solid wood, with an impact also on deforestation. In the absence of a
dedicated supply chain, disposable packaging can potentially become waste, and FERCAM Echo Labs acts to
prevent this from happening, giving them new life.
8

Wood is a material to be used consciously and carefully, which can be recycled, adapted, reused, or
creatively recovered. In particular, upcycling is the process of transforming materials otherwise at risk of
waste into products that acquire new functions and uses , with the aim of prolonging their life cycle. This
process is at the heart of the FERCAM Echo Labs project, which aims to give new life to no longer used
goods, preventing the production of waste and generating social, economic, and environmental value.
9

"FERCAM Echo Labs gives a
second life to materials at risk
of waste, offers an opportunity
for social redemption to the
most fragile categories, returns
value to the territory and
communities.
But there are also concrete
economic benefits: in the supply
chain, thousands of tonnes of
wood from pallets and not only
are used every day. The disposal
cost of this waste material is
anything but negligible. FERCAM
Echo Labs offers a solution,
activating real collaboration in
the supply chain in a circular
economy perspective"
D ino Me nic h e t t i,
President of FERCAM Echo Labs
10

The industrial symbiosis between FERCAM and FERCAM Echo Labs
FERCAM was founded in 1949 in Bolzano as a freight transport company by railway and truck. In 1963,
following the acquisition by the haulier Eduard Baumgartner, the company expanded to become a unique
multi-specialized operator, while remaining a family-owned business.
21
Countries
2.200
Employees
3.350
Load Units
Oltre 1,1 mld €
Turnover 2022
FERCAM is structured in five business sectors:
• FERCAM Transport: Through the offer of multiple transportation solutions, FERCAM studies the most
efficient and sustainable ways to meet customer needs.
• FERCAM Air & Ocean: Thanks to a network of reliable partners worldwide and highly qualified
personnel, FERCAM is a reference in air and sea transport.
• FERCAM Logistics: FERCAM offers tailor-made logistic solutions, developing customized projects and
offering specialist consultancy based on the specific needs of each customer.
• FERCAM Distribution: Thanks to a widespread network of branches and partners, FERCAM ensures safe
shipments, in Italy and Europe, with defined delivery times.
• FERCAM Special Services: FERCAM offers a range of highly specialized services for the transportation of
goods for trade fairs (FERCAM Fairs & Events) and delicate goods such as artworks (FERCAM Fine Art). The
team also deals with exceptional overland and overseas transports and high-quality corporate and private
relocations.
FERCAM's Commitment to a Sustainable Future
FERCAM recognizes sustainability as an important factor for its
development, and the FERCAM 2025 Strategy integrates the UN
2030 Agenda and the ESG vision into corporate choices and
policies, promoting an innovative and sustainable business
model. Regarding the environmental dimension, with the
Emission Free project, FERCAM intends to effectively reduce
harmful emissions from logistics and transport activities through
technological innovation.
The project – which in 2021 alone allowed to avoid over 33,000
tons of CO 2 – develops along three main lines of action:
• Review of the circulating vehicle fleet,
•. Intelligent and rational use of resources,
• Switch to ecological tractions and fuels.
FERCAM Echo Labs is an integral part of this strategy and intends
to impact waste reduction, promoting the transition from a linear
CONTRIBUTION
TO CULTURE AND
SUSTAINABILITY
ENERGETIC AND
EFFICIENCY OF
THE BUILDINGS
STRATEGY
CONTRIBUTION
TO
INTERMODALITY
supply chain to a circular management oriented towards recycling, adaptation, reuse, and upcycling of
waste produced by warehouse activities.
The "industrial symbiosis" between FERCAM and FERCAM Echo Labs concerns not only the addressed
themes but also the centrality of stakeholder involvement, through promotion and awareness paths,
fundamental to encourage more conscious and sustainable behaviours and collaboration with schools and
universities, in terms of development and research.
MOBILITY
INNOVATION
PARTNERSHIP
FOR A
SUSTAINABLE
LOGISTIC
11

Mission
Leaving a positive footprint in the world
FERCAM Echo Labs is a social enterprise that aims to promote
innov ation in the logistics supply chain with a focus on sustainable
growth, placing the well-being of people and careful management of
resources at the centre.
It activates a systemic action aimed at developing circular econom y
processes, social integration, biodiversity, and regeneration of liv ing
and working environments , connecting a network of people and entities
that share the same values and objectives, in line with the UN Agenda
2030 and, in particular, with Goal 17 - Partnerships for the Goals.
FERCAM Echo Labs is a permanent research and innovation laboratory
that develops concrete and scalable solutions co-designed in
partnership with businesses, universities, schools, and youth, local
authorities, and third sector organizations, starting from the territory in
which each operates.
Areas of Activity and Sustainable Development Goals Addressed
UPCYCLING
RESEARCH
EDUCATION
Projects that give new life to packaging used for transports.
Every project is developed in terms of innovation, in partnership with
universities and the research world, to realize functional and scalable
solutions.
The collaboration with educational institutions is fundamental to spread the
culture of sustainability among younger generations.
The mission and activities of FERCAM Echo Labs contribute to achieving the following Sustainable
Development Goals of the UN 2030 Agenda:
12

To learn more: United Nations Agenda 2030
The UN Agenda 2030 is an action plan for people, the planet, and prosperity, endorsed in
September 2015 by the Governments of the 193 UN member countries.
The Agenda draws attention to the limitations of the current model of human and social
development and encourages a shared vision of necessary changes, indicating in the 17 Sustainable
Development Goals (SDGs) and their 169 targets the objectives that everyone - citizens, businesses,
institutions - can and must contribute to achieving by 2030.
Statutory Activities
FERCAM Echo Labs carries out the general interest activities indicated in the Statute and identified with
reference to those provided by the Third Sector Code. It is specified that the scope of the activities
presented is broader than those actually carried out in this first year. In the list that follows, they are
highlighted and represent the object of social reporting. It is noted that, in 2022, no different activities were
carried out.
The purpose of the Company consists in carrying out activities in the following sectors:
• interventions and services aimed at safeguarding and improving environmental conditions and the careful
and rational use of natural resources, excluding the activity, habitually exercised, of collection and recycling
of urban, special, and hazardous waste (e)
• services aimed at the insertion or reinsertion into the labor market of workers and people very
disadvantaged or with disabilities (p)
• humanitarian reception and social integration of migrants (r).
Furthermore, the Company can carry out activities in the following sectors:
• education, training and career education, as well as cultural activities of social interest with educational
purposes (d)
• interventions for the protection and valorization of the cultural heritage and landscape (f)
• university and post-university training (g)
• scientific research of particular social interest (h)
• organization and management of cultural, artistic, or recreational activities of social interest, including
activities, even editorial, to promote and spread the culture and practice of volunteering, and the activities
of general interest mentioned in this article (i)
• extra-curricular education aimed at preventing school dropout and promoting academic and educational
success, preventing bullying, and combating educational poverty (l)
• instrumental services to social enterprises or other Third Sector entities provided by entities composed of
no less than seventy percent by social enterprises or other Third Sector entities (m)
• development cooperation (n)
• commercial, productive, educational, and informative activities, promotion, representation, licensing of
certification trademarks, carried out within or in favour of fair trade supply chains, to be understood as a
commercial relationship with a producer operating in an economically disadvantaged area, normally located
in a developing country, based on a long-term agreement aimed at promoting the producer's access to the
market, and which provides for the payment of a fair price, development measures in favour of the producer
and the producer's obligation to guarantee safe working conditions, in compliance with national and
international regulations, in order to allow workers to lead a free and dignified existence, and to respect
trade union rights, as well as to commit to combating child labour (o)
• social agriculture (s)
• organization and management of amateur sports activities (t)
• requalification of unused public goods or goods confiscated from organized crime (z).
13

Governance and Control System
The Members
Fercam Echo Labs was established on December 22, 2021, by the two founding members: Fercam SPA and
CO.TRA.F - Fercam Transport Consortium. The share capital is equal to 10,000 €.
Associates as of 31/12/2022
Governance and Control System
General Assembly of Members
It is convened by the President of the Board of Directors or the Vice President and deals with:
• approving the balance sheet and the distribution of profits
• appointing the Board of Directors and the Control Body
• modifying the founding act and the Statute
• approving internal regulations.
Each member has the right and duty to participate in the decisions provided and his vote is proportional to his
share in the share capital. No compensation is provided to associates.
14

The first General Assembly of Members will be held on the occasion of the approval of the Economic and Social
Balance Sheet 2022 and intends to represent a first opportunity for reflection and update, as well as a moment
of comparison to confirm the values and priorities that want to be pursued.
Board of Directors
It is composed of a minimum of 2, up to a maximum of 5 members, who remain in office indefinitely, except
for revocation or resignation. Members can also be shareholders.
Members
Role
Date of First Period for which it
appointment remains in office
Dino Menichetti President December 22, 2021 Indefinitely
Bettina Baumgartner Delegate Councelor December 22, 2021 Indefinitely
Administrators cannot be in a state of legal interdiction, subject to preventive measures ordered by the judicial
authority, or convicted with a final sentence. The function of administration is not compatible with the
performance of a similar function, with the existence of employment relationships, with the existence of
continuous consultancy relationships, with the existence of remunerated work performance relationships, and
with other patrimonial relationships, at other third sector entities, such as compromising their independence.
Administrators are required to have at least three years of experience as volunteers or the exercise of
professional or intellectual activities equivalent, related to the social object.
The Board of Directors has all the powers of ordinary and extraordinary administration, excluding those that
the law or the Statute reserves to the members and may grant or revoke delegations. It can appoint, replace,
and revoke a General Manager, determining its functions, attributions, and powers.
Councilors are entitled to reimbursement for expenses incurred for reasons related to their office, but in line
with FERCAM Echo Labs' sustainability objectives, online meetings are preferred to minimize the
environmental and economic impacts associated with travel.
Meetings
held
Participants
% participation
rate
Hours spent Role’s gratuity
Board of Directors 3 2 100% 2 yes
During 2022, the Board of Directors met 3 times. Below are the main issues addressed and the decisions
taken:
• appointment of Delegate Counsellors and attribution of powers,
• opening of a local unit and start of activities,
• integration of the powers of delegate counsellors,
• hiring of two workers,
• analysis of the economic/financial situation of the first semester,
• activity progress and status of ongoing projects.
15

President
Dino Menichetti
Born in Rome in 1973, he began his professional career in 1996 in a transport and
logistics company in Pomezia (RM) and, since 2017, has been Regional Manager
of FERCAM. In 2020 he joined the project group for the Strategy of the
Distribution business division, with responsibility for defining safety and
operational standards on assets and equipment. In particular, he became the face
of the innovative Emission Free Project, a program for transition towards low
environmental impact solutions. In 2021 he was appointed President of FERCAM
Echo Labs.
Delegate Counselor
Bettina Baumgartner
Born in Bolzano in 1989, after studying Economics and Commerce and Financial
Markets, and after a master's degree in Hospitality Management in Paris, she
began her work activity abroad. In 2015 she returned to Italy and took on a
responsibility role in digital marketing for a European sports clothing player. In
2017 she started working in the family business FERCAM, holding the role of CRM
Project Manager. Soon after, she was entrusted with the role of Innovation
Manager for which she followed several digitalization projects within the
company. In March 2021 she founded FERCAM Future Labs with the goal of
supporting and investing in innovative technologies and Startups. At the end of
the same year, she was appointed Delegate Counselor of FERCAM Echo Labs.
Supervisory Body
The Supervisory remains in office for three fiscal years and monitors compliance with social purposes by the
social enterprise. If all members of the control body are legal auditors registered in the appropriate register,
the Control Body can also carry out the legal audit of accounts, where prescribed by applicable regulatory
provisions.
Members Date of first appointment Period of which it remains in office
PricewaterhouseCoopers (PwC)
S.P.A.
December 22, 2021
3 years
The annual compensation of the control body was determined at the time of appointment, for the entire
duration of its office and is equal to 1,000 € per year.
Stakeholder Mapping
FERCAM Echo Labs relies on a heterogeneous and continuously growing network of partners, made possible
by the involvement of companies, universities, schools and young people, Local Authorities and Third Sector
entities that are interested in conducting research and developing concrete and scalable solutions.
16

Category Stakeholder Involvement Method
Members
Staff
Strategic
Partners
Other partners
Clients
Schools
• Fercam SPA
• CO.TRA.F - Transport Consortium
Fercam
• FERCAM Echo Labs staff
• FERCAM staff available to FERCAM
Echo Labs
FERCAM
• Linaria
• Laboratorio Linfa
• MediHospes
• Associazione Roma BPA – Mamma
Roma ed i Suoi Figli Migliori
• FERCAM
• Electrolux
• Prologis
• I.I.S. Liceo Amaldi, 1.929 students
• National Network of Green Schools
Suppliers • Falegnameria sociale K_Alma
Universites and
Research
• Università Sapienza di Roma,
Faculty of Economics, Department
of Management
• Department of Architecture of the
University of Roma Tre - Models
and Prototypes Laboratory
17
• Project start and continuous support to
FERCAM Echo Labs activities
• Support to staff activities: Marketing &
Tender, Media Relations,Administration,
Tax, Human Resources, Quality,
Environment and CSR, Health and Safety
• Periodic meetings on ongoing and
activating projects
• Participation in Learning Lunches, to tell
about the company's mission, the value
content, ongoing initiatives and
stimulate the participation of colleagues
• 1 Corporate volunteering day (clean up
and co-design of outdoor spaces in a
high school in the suburbs of Rome)
• Other communication methods:
• News on FERCAM Together to give
visibility to ongoing projects (events,
media shoots…)
• FERCAM Connect - dedicated space on
the company intranet
• Publication of 2 articles on the internal
magazine FERCAM Info and sharing of
articles on the Company Notice Board.
• In addition to being the main customer
of FERCAM Echo Labs, it provides
spaces and supports staff activities with
its own personnel. Promotes corporate
volunteering among its employees
• Partnership for activities and events
• Participation in events with workshops
and workshops
• Joint participation in debates and
conferences, for informative and
awareness purposes
• Development of upcycling projects
• Participation in events with schools
• Collaboration starting with the National
Network of Green Schools
• Development of upcycling projects
involving disadvantaged workers
• Protocols and collaborations
• Partnership for activities and events

Community • Citizens
Media
• Main partner: Italian Press
• Specialized sector press –
• Newspapers (Sole24 Ore, Il
Giornale, TGCom24, Fortune Italia)
• Initiatives and events for awareness
• Communication on the website and
social media
• Information and awareness on the
theme of circular economy and
sustainability
• Participation in public informative
events
Strategic partners of FERCAM Echo Labs are presented - sharing values, purposes, and operating methods -
and the Sustainable Development Goals of the UN 2030 Agenda addressed by each.
PARTNER
FERCAM
Founder
FERCAM, a company founded in 1949, is one of the main European logistics
operators and has always been committed to environmental protection and
promoting the well-being of people.
Linaria
The association, born in Rome in 2011, promotes a reflection on diversity –
botanical, social, and cultural – with projects, installations, events, and books.
The goal is to promote dialogue and actions of active citizenship. Together we
promote urban regeneration paths, to bring nature back to the city. We work
preferring waste material from the logistics supply chain and solutions capable
of stimulating respect for the environment and the spread of nature, as in the
case of FERCAM Echo Park, a true Biodiversity Station.
Laboratorio Linfa
It is a sustainable design laboratory that, through the recovery of scrap wood,
gives life to unique works, custom eco-friendly installations, and furnishings.
Together we recover scrap wood and transform it into unique works, ecofriendly
installations, and furnishings for requalifying work and community
environments and spreading principles and good practices of upcycling and,
more generally, reuse of materials.
MediHospes
It is a cooperative with over 1,500 employees, providing almost 2 million hours
of hospitality per year in Italy, assistance and care to over 7,500 fragile people
or those living in health and humanitarian emergency conditions. Together we
carry out training and professional requalification interventions, through
workshops and internships for insertion and reintegration into the labor market,
particularly aimed at migrants, to offer skills that facilitate access to the world of
work and income opportunities.
18

PEOPLE OPERATING FOR THE ENTITY
Type, Consistency, and Composition
Employees 2
Of which full -time 2
Of which men 2
Of which permanent 2
Of which workers 2
Other human resources: training internships 1
2022
FERCAM Echo Labs is a young but rapidly growing reality. In 2022 it hired its first 2 permanent, full-time
employees, classified as workers, and hosted a training internship.
Employees' Age
The employment contract applied is the National Collective Labour Agreement for employees of Associations
and other Third Sector Organizations, for a total expense equal to 29.188 €. The ratio between the maximum
and minimum annual gross salary of the entity's employees is equal to 1.
The social enterprise can count on the fundamental support of FERCAM. The company, in fact, in addition to
the headquarters and spaces, has made available a person at 50% with the role of CSR Manager and its staff
functions - communication, administration, personnel management, training, health and safety, CSR &
Environment.
Training and Valorisation Activities
Training 2022
Trained people (employees and interns) 4
% total trained people 100%
Accident prevention and
Training initiatives carried out
work hygiene
(Training course for High-risk Workers)
Total training hours 64
Total expense 960 €
Pro-capite expense 240€
19

The employees underwent the courses required by law on health and safety, and in 2022, no accidents at
work were recorded.
20

OBJECTIVES, ACTIVITIES, AND RESULTS
Highlights of 2022
It is specified that the CO2 emissions data was calculated by the Regusto platform, based on ISO 14040 and ISO 14044 standard s.
In this section, the activities and projects carried out and the results achieved in the three areas of activity
are presented:
UPCYCLING RESEARCH EDUCATION
21

UPCYCLING
FERCAM Echo Park
A new relaxation area for the well-being of the staff and drivers on break
The new break area was created at the FERCAM Rome location and offers a
relaxing and comfortable space where to have lunch and take a coffee
break.
The intact wooden planks from the pallets were transformed into furniture
such as chairs, tables, and planters. Two obsolete mobile crates were
modified and repainted to create doors and windows.
In the area, bins for separate waste collection and vending machines for
healthy, organic, kilometer-zero, or artisanal products were placed. A
plastic compactor machine was installed to insert PET bottles, which will
then be recycled. The classic coffee cups were replaced by 100% recyclable
material containers, reducing CO 2 emissions by 40% for the product's life
cycle.
Even the coffee grounds are recycled to an external company that
produces organic compost, used as fertilizer for the plants present in the
branch's biodiversity stations.
Beneficiaries
• employees
• warehouse workers
• drivers
Partners
• FERCAM
• Linaria
• Medihospes
• World Matic
• Laboratorio Linfa
23,2 t
3,65 m 2
80
7
50
3
wood reused
for furniture
and
accessories
bugs hotel to
increase
biodiversity
and offer
shelter to
insects
plants planted
between
aromatic and
insectpollinating
plants
interns with
International
Protection
involved for
216 training
hours
FERCAM
employees and
families
participating in
"Open Doors"
as the first
event
organized in
the area
libraries
installed for
book sharing,
created in
collaboration
with FERCAM
Fine Art
Next steps
Valorize Echo park as a place of sociability to consolidate relationships between different categories of
workers, also involving families. Promote Book sharing and healthy and km 0 nutrition through awareness
initiatives.
22

Prologis Park Romentino (NO)
Offer new ways of use and encouraging opportunities for socialization
Park Life
PARKlife is a project promoted by Prologis - a global leader in the real estate sector – with the aim of
transforming logistic parks into innovative workspaces and placing the well-being of people and the creation
of bonds at the centre. Thanks to PARKlife, it is possible to think of the logistic park more and more as a
place for socializing, where communities and nature can develop in harmony. Through the offer of a wide
range of services and infrastructures - such as creative areas for leisure time, natural spaces, and outdoor
cafes - it is possible to create welcoming and comfortable spaces.
Within the PARKlife project developed by Prologis, eco-sustainable
furniture for a relaxation area intended for workers and the community of
the Prologis Park logistics center in Romentino (NO) was created. The
furniture, including tables, benches, and relaxation seats, was made using
pallets and other disposable packaging materials from logistics activities,
in a circular economy perspective. In the production of the furnishings, a
social carpentry workshop in Rome was involved, which offers migrants,
asylum seekers, unemployed Italians, or economically vulnerable
individuals opportunities for permanent and continuous learning through
informal and free courses.
Beneficiaries
• workers of the industrial
area
• citizens of the territory
• social carpentry
• unemployed students
• young people involved in
recovery projects
• political refugees
Partners
• FERCAM
• Prologis
• Laboratorio Linfa
• Social Carpentry
• K_Alma
4 t
wood reused to
create furniture
200
training hours
conducted
20
people involved
Next steps
In 2023, the requalification of the Park will continue, through the
realization of the furniture for the dining area.
23

“"When we launched PARKlife in 2019,
a project for the requalification of our
logistics properties, it came natural to
collaborate more closely considering
also the similarities between Prologis
and FERCAM Echo Labs' philosophy.
With Dino Menichetti and his team,
there is a natural affinity and
convergence of intentions: we speak
the same language. I believe we are
only at the beginning of our
collaboration.
In an era where everything has to be
measured in terms of performance and
economic return, it is not difficult to
realize that working in beautiful and
human-sized environments, in addition
to being everyone's desire, is also a
tool to increase well-being, reduce
stress and monotony."
Sandro Innocenti,
Senior VP, Country Manager Italy of Prologis
24

Sustainable Setup for the Green Logistics Expo of Padova
Create an arrangement with reclaimed materials to promote reuse, upcycling, and, more
generally, environmental sustainability through modular and reusable eco -design furnishing.
During the Green Logistics Expo in Padova, sustainable exhibition areas and
green islands made up of aromatic plants, herbs, and flowers were created.
After the fair, these areas were transferred to dedicated biodiversity areas in
various branches of FERCAM.
In particular, the furniture for the exhibition stands was made with reused
materials such as cardboard and wood recovered from disposable pallets.
Beneficiaries
• visitors
Partner
• FERCAM
• Laboratorio Linfa
7.000
visitors
3,6 t
wood reused to create
furniture
Next steps
Create a line of eco-sustainable and modular furniture to start a rental activity that discourages the use of
traditional stands and deforestation, encouraging the practice of reuse.
25

Electrolux Dining Hall
Create an eco-sustainable break area for Electrolux staff and cooperative within the logistics
warehouse in Forlì
Through the creative reuse of wood and at-risk waste material, a
relaxation area was created at Electrolux, available to employees.
Specifically, a shelf-table, an equipped wall, a mobile bench, and stools
were created.
Beneficiaries
• Electrolux staff
• Astra Coop Forlì staff
Partner
• FERCAM
• Laboratorio Linfa
• Medihospes
4 t
wood reused to
create furniture
25
beneficiaries
Next steps
Continue the path started together
with Electrolux, with the proposal
of new furniture projects and
initiatives involving staff, such
as corporate volunteering and
team building.
26

"For many years the company has been oriented towards sustainability. We were
about to start the restyling of the Forlì warehouse, we thought of involving them
and the proposal of FERCAM Echo Labs immediately struck us. In the relaxation
area, some original furnishings were inserted, made without glue, nor ch emical
products and with wood and material at risk of waste directly supplied by
Electrolux: a sofa, a shelf-table along the three walls of the room, a panel with
mirror, various stools, a covering of the windows with the company logo and a QR
code with the description of FERCAM Echo Labs and their principles. I do not
believe this project will remain an isolated case and we are thinking of other
collaborations."
Sara Perissinotti,
Logistic Market Manager Italy of Electrolux
27

RESEARCH
Collaboration with Alessandra Cozzolino, associate professor of Supply Chain Management at the
Department of Management of Sapienza University of Rome
To make known the FERCAM Echo Labs model and promote its replicability and scalability
Collaboration within the Supply Chain Management course has led to moments of discussion
between company representatives and students and to the production of an academic paper by
Professor Alessandra Cozzolino, titled "Toward a Circular Supply Chain: The Case of Fercam Echo
Labs".
Collaboration with the Department of Architecture of the University of Roma Tre – Models and
Prototypes Laboratory
To experiment with techniques and ways to reuse scrap materials from the logistics supply chain
Systematic supply of used material - crates for the transportation of
artworks, pallets, and cardboard used for the home delivery service -
to support experimentation and research activities.
1
Academic paper
that gave
international
visibility to the
good practice of
FERCAM Echo
Labs
32
economics
students
involved
30
architecture
students
involved
Next steps
Continue the activity of disseminating the circular economy model and develop the collaboration
with the urban regeneration laboratory on specific projects, such as the welcome box for new
FERCAM hires.
28

"The project immediately excited me because it intertwines logistics of packaging
and logistics innovation, recovery and upcycling of material: it takes material that
can no longer be used and therefore should be disposed of, with the related costs,
and transforms it into a value for the company, for the supply chain, for the
territory. However, this result requires collaboration in a supply chain perspective,
and this is exactly what FERCAM Echo Labs does. This project is a reference in
terms of supply chain collaboration and how multiple subjects working in a
complementary way can realize initiatives of broad sustainability. There is a lot of
talk about circular economy and logistics collaboration and it is therefore
interesting for the academic world to b e able to observe how this concept is
concretely realized within the supply chain. A collaboration of this kind leads to
rethink packaging with the goal not only of reducing it (where possible) or making
it less impactful in the disposal phase, but also more easily reusable, recyclable,
and transformable. Packaging is a lever of marketing, and, at the same time, its
logistic value is increasingly crucial."
Alessandra Cozzolino,
Associate Professor in Business Economics at the Department of Management of Sapienza University of
Rome and national co-coordinator of the Thematic Group "Operations & Supply Chain" of the Italian Society
of Management.
29

"The experience of collaboration with FERCAM Echo Labs was an important piece in
our research to root advanced digital design techniques related to numerically
controlled productions with local material supply chains, in the perspective of
building a new hybridization between waste management and material handling
centres and digital design and fabrication laboratories like Fab Labs.
Our Models and Prototypes Laboratory thus became a centre of "digital upcycling"
where materials, with their stories, patina s, texts, are reworked with digital
processes and in this sense re-signified, enacting processes today defined as
frugal innovation. The prototypes of furniture produced with FERCAM materials are
not simple experiments, they are true structures, brought an d tested in various
events, produced with real materials. It is a real test bed, and perhaps that has the
combined charm of design abstraction with the small things we come into contact,
even tactile, every day. It is from this enthusiasm, touched with han d by the people
met in the various events where we presented the works, that we have recovered,
to our students and ourselves, one of the purest emotions of being architects
today".
Stefano Converso,
Researcher in urban architectural composition.
Head of the Models and Prototypes Laboratory of Roma Tre
30

EDUCATION
FERCAM Echo School Projects
To create different learning environments to transform the school into an inclusive and
welcoming attraction centre, allowing students to become increasingly protagonists of their
education
In 2022, a first project was realized with the Amaldi high school in Tor
Bella Monaca, which included two phases:
• clean-up activity with teachers, students, and volunteers,
• co-design of the open space.
Given the wide outdoor environments not fully usable due to lack of
maintenance and shortage of equipment suitable for hosting educational
or recreational activities, FERCAM Echo Labs started a requalification
process within the Amaldi High School of Tor Bella Monaca – an institute
applying the Dada Model (Education for Learning Environments) – one of
the largest in the city with almost 2,000 enrolled students. Thanks to the
project, students have the opportunity to spend their extra-curricular time
and conduct lessons outdoors in the requalified green spaces.
Furthermore, a volunteering day was organized, during which the spaces
were cleared of weeds and uncontrolled vegetation, to prepare for the
subsequent design process aimed at making improvements that produce
a greater functional correspondence between educational activity and
outdoor spaces.
Beneficiaries
• High school students
• Teachers
Partner
• FERCAM
• Associazione Linaria
• Api Romane
• World Matic
• Mediaservice Recycling
• RomAltruista
2.000
People involved
44
volunteers
including 20
FERCAM
volunteers and
24 among
teachers and
students
203
total volunteer
hours
performed
Next steps
The second phase of the project involves the requalification of the open space through the installation of
furniture made of recycled wood and the installation of biodiversity stations, in collaboration with the non -
profit association Linaria. The project will resume in May 2023 with the execution of 2 practical workshops
involving the students.
31

"The project stems from the desire to requalify the outdoor spaces and make them a place lived by
students and teachers for outdoor lessons, recreational moments, and also to bring to completion a
stage of the green path that the school has started in recent years (...). Covid has allowed the school
that pause for reflection to consider outdoor spaces not as non-places but as full-fledged learning
environments; naturally, they must be organized like any other learning place made of people but
also of well-kept and beautiful spaces. The concept of beauty guides us (...), we are not in a nonplace,
but in a territory that has fully lived the ancient history (...), we have carried out various
projects just to give sense to what sense has, but which is often forgotten (...). It is important to
conceive the school as a participated school: one must not be passive subjects with respect to the
school but give their own contribution."
Maria Rosaria Autiero
Headteacher of the I.I.S. "Edoardo Amaldi" of Rome
"Thanks to this project, a really important message passes about the school as a
place of aggregation, experimentation, and multidisciplinary learning. We involved
in all phases of design and construction a group of students and teachers with the
typical participatory methods, proper to all Linaria's work, in order to create on one
hand, in people who live the school daily, a strong sense of ownership and care, on
the other, a place of study and research on biodiversity and a self -construction
space thanks to the exclusive use of recycled materials."
Michela Pasquali
Landscape architect and founder of the non-profit association Linaria
32

FERCAM Rom-E Village
To create a space for sharing and training for the community
The Rom-E event involved children and students through:
• organization of talk shows for high school students on the Sustainable
Development Goals of the UN 2030 Agenda,
• carpentry and biodiversity workshops,
• design and innovation workshops for students of Architecture Roma Tre
– Chair of Urban Regeneration.
The Village was set up with the same furniture - created by FERCAM Echo
Labs - used for the stand at the Green Logistics Expo of Padova, in a logic
of reuse of fair furniture.
Beneficiari
• Children
• High school students
• Students of the Faculty
of Architecture Roma Tre
Partners
• FERCAM
• Laboratorio Linfa
• Linaria
• Association Roma BPA –
Mamma Roma ed i Suoi
Figli Migliori
• World Matic
200.000
visitors
150
people involved
in workshops
5
hours of
training
conducted
Next steps
Continue the awareness activity through a systematic proposal of informative content and educational
workshops, in collaboration with Academies and Non-profit Organizations.
33

Open Doors for FERCAM Rome Staff
The inauguration of the Echo Park in the Rome branch offered the
opportunity for a special initiative in which FERCAM opened its doors to
the families of collaborators who were able to visit the workplace of their
loved ones and participate in an outdoor barbecue. Children and students
from the Amaldi high school, who were invited to participate, were
involved in carpentry and biodiversity workshops to experiment with their
creative ability and develop a sense of respect for nature.
Beneficiaries
• FERCAM staff and
collaborators and
families
• Amaldi high school
students
Partners
• Linaria
• Laboratorio Linfa
Over 100
participants
52
Children and
teenagers
involved
Next steps
Follow up on the initiative by planning new opportunities for colleagues to meet – corporate aperitifs and
organization of celebratory events – and opportunities for FERCAM staff involvement in social initiatives,
such as team building and corporate volunteering.
34

Institutional Communication
In 2022, FERCAM Echo Labs presented its activities through a multi-channel communication strategy. The
official website was launched through which the company mission and action strategy were presented. The
company gained visibility in the media through presence on some newspapers, where the FERCAM Echo
Labs project was presented. This initial phase was characterized by a more institutional approach, aimed at
presenting the project and its purposes in detail.
Subsequently, the communication strategy evolved, focusing on the relationship with the public through
dedicated social channels. LinkedIn adopted an institutional communication aimed at companies and
partners, while Instagram communicated to a younger audience, with a proposal of emotional photos and
videos. Facebook was mainly used for reposting content from Instagram and LinkedIn, while Twitter tested
live-tweeting activity during events. In the following months, it was decided to direct the communicatio n
towards a warmer tone of voice, with the aim of engaging the public on the progress of the FERCAM Echo
Labs project, its collaborators, and its partners.
Website, pressand social pages
2.604
1.794
103
3
views and 907
unique visitors
on the website
Followers on
LinkedIn*
Press features
Active social
channels:
Instagram,
Facebook, and
YouTube
*Data from 01/06/2022 to 31/12/2022
Dissemination Meetings
In 2022, FERCAM Echo Labs participated in numerous dissemination meetings, including:
• Blue Planet economy. FERCAM Echo Labs brought its testimony to the workshop "Sustainable Education:
trades and training experiences" and created the wooden award plaques for the Blue Ambassadors, through
an upcycling process of crates for the transportation of artworks by FERCAM Fine Art.
• NovarArchitettura 2022. On the occasion of the event "IN/OUT Spaces and devices for the post-pandemic
city", FERCAM Echo Labs took part in the closing event with a testimony on participatory design. FERCAM
was also involved as a technical partner with the donation of all the wood used in workshops open to citizens
and students.
• Open Care. FERCAM Echo Labs participated in the event "Risk prevention in museums, deposits, and
archives. Perspectives for sustainable management", with an intervention on the theme of global sustainable
growth goals. The event is the result of the partnership between Open Care and FERCAM Fine Art, aimed at
the care and transportation of high artistic and cultural value artifacts.
• Penso innovativo – Il Giornale. In a format dedicated to exchange and comparison between companies
investing in innovation, FERCAM Echo Labs intervened to represent its wood upcycling projects, aimed at
bringing innovation to the logistics supply chain through industrial symbiosis with FERCAM.
35

Future perspectives
FERCAM Echo Labs - although still in the start-up phase - is the protagonist of a rapid and dynamic growth.
Thanks to the system action it promotes with its partners, numerous projects are being developed, which on
one hand confirm the timeliness and centrality of the mission of FERCAM Echo Labs and on the other hand
outline new perspectives, which will allow to increasingly expand the scope of action.
Among the projects starting:
• Consolidate and develop the collaboration with FERCAM to make the supply chain more sustainable.
• Develop the relationship with Local Entities, Institutions, and Associations for the territory to start common
urban requalification projects aimed at improving the quality of life of citizens.
• Consolidate the alliance with sector operators (companies and real estate funds) to seize synergies and
start new projects on logistics sites.
• Expand academic partnerships to promote sustainable innovation.
• Raise awareness among workers and citizens about the care of common spaces through initiatives that
stimulate their active participation (Team building, participatory design, and volunteering days).
• Develop projects and collaborations aimed at reducing the risk of waste (rental of eco-sustainable setups).
• Initiate collaborations and initiatives on the topic of biodiversity (urban beekeeping activities).
d
36

ECONOMIC-FINANCIAL SITUATION
Here are presented the balance sheet and the income statement of FERCAM Echo Labs for 2022, the first
year of operation.
Balance sheet
ASSETS
A) CREDITS TOWARDS MEMBERS FOR STILL DUE PAYMENTS -
B) FIXED ASSETS 3.492
I. Intangible fixed assets 2.892
II. Tangible fixed assets 600
III. Financial fixed assets -
C) CURRENT ASSETS 100.168
I. Inventories -
II. Credits 84.774
Due within the next financial year 84.774
Due beyond the next financial year -
III. Financial assets that do not constitute fixed assets -
IV. Cash and cash equivalents 15.394
D) ACCRUALS AND DEFERRALS 2
TOTAL ASSETS 103.662
LIABILITIES
A) NET ASSETS 52.623
I. Capital 10.000
II. Reserves from share premium -
III. Revaluation reserves -
IV. Legal reserves -
V. Statutory reserves -
VI. Other reserves 1
VIII. Profits (losses) carried forward -
IX. Profits (losses) for the financial year 42.622
B) PROVISIONS FOR RISKS AND CHARGES -
C) SEVERANCE PAY 1.227
D) DEBTS 49.812
Due within the next financial year 49.812
Due beyond the next financial year
E) ACCRUALS AND DEFERRALS -
TOTAL LIABILITIES 103.662
2022
37

Income statement
A) VALUE OF PRODUCTION
1. Revenues from sales and performances 142.520
5. Other revenues and income 2
TOTAL VALUE OF PRODUCTION 142.522
B) COSTS OF PRODUCTION
6. for raw, subsidiary, consumable materials, and goods 19.102
7. for services 31.819
8. for the enjoyment of third-party assets -
9. for personnel 29.188
a) Salaries and wages 20.762
b) Social security charges 7.199
c) Severance pay 1.227
10. Depreciation and write-downs 773
14. Other operating charges 1.266
TOTAL COSTS OF PRODUCTION 82.148
DIFFERENCE BETWEEN VALUE AND COSTS OF PRODUCTION (A-B) 60.374
C) FINANCIAL INCOME AND CHARGES 234
TOTAL FINANCIAL INCOME AND CHARGES 234
RESULT BEFORE TAXES 60.140
20. Income taxes for the current year, deferred and anticipated 17.518
Current taxes 17.518
21. PROFIT FOR THE FINANCIAL YEAR 42.622
2022
2022 closes with a positive operating result of 42.622 €.
Regarding revenues, FERCAM is the main customer of FERCAM Echo Labs with 84% of production
revenues paid for consultancy activities in the following areas:
• design, realization, and measurement of positive ESG impacts of sustainability strategies and projects
and training on diversity and inclusion,
• development of personnel involvement projects, such as corporate volunteering activities,
• development of projects aimed at reducing materials at risk of waste and valorising already adopted
measures,
• development of communication plans on ESG projects.
38

Revenues from sales and performances
22.520
120.000
Sales of finished products
Services performances
Regarding costs, they refer to the purchase of goods, administrative services, and research, training, and
education activities carried out during the year. Personnel expense amounts to 29 thousand euros,
considering that the two workers were hired respectively in March and September.
Costs of production
Services
Services
19.102
29.188
Personnel
31.819
In 2022, FERCAM Echo Labs did not receive public contributions and did not carry out fundraising activities
39

40