Through its leadership in the logistics, financial, insurance and payment services sectors, Poste Italiane plays a key role in the creation of economic value both for the stakeholders directly impacted by its business activities and for the country as a whole.
In particular, the activities carried out by Poste Italiane generate impacts on GDP, employment income, employment and contributions to PA. Impacts can be distinguished into:
- Direct impacts: impacts generated by the operating activities carried out directly by Poste Italiane;
- Indirect impacts: impacts generated along the supply chain as a result of Poste Italiane’s spending on goods and services from Italian suppliers;
- Induced impacts: impacts generated by consumer spending that is realised through the income earned by workers employed directly and indirectly by the Group.
The process of creating Poste Italiane’s economic value
In 2020, Poste Italiane Group generated impacts on the country in terms of Gross Domestic Product (GDP) totalling €12.2 billion and in terms of employment totalling approximately 191 thousand jobs and €2 billion in terms of tax revenue. It may also be estimated that a total of 191 thousand workers have been involved along the production chain. The use of this workforce entails the distribution of income to workers, for a total of €7.4 billion.
Impacts generated in individual Territorial Areas
Considering the region of the registered office of suppliers, the indirect impacts generated by them in each Territorial Area in 2020 have been identified.
Impacts of Italian SME suppliers
Considering the parameters defined by the European Commission, the Italian suppliers that are characterised as SMEs and the indirect impacts related to them have been identified.
The economic value generated and distributed by Poste Italiane Group
The economic value created in 2020 amounts to over € 10.6 billion, of which the 88% distributed to stakeholders