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 (€ 3.2 billion in 2022) 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
Infographic transcript
Titolo: The process of creating Poste Italiane’s economic value
The activities carried out by Poste Italiane generate impacts on GDP, employment income, employment and contributions to PA.
First block:
- Direct impacts: impacts generated by the operating activities carried out directly by Poste Italiane;
Second block:
- Indirect impacts: impacts generated along the supply chain as a result of Poste Italiane’s spending on goods and services from Italian suppliers;
Third block:
- Induced impacts: impacts generated by consumer spending that is realised through the income earned by workers employed directly and indirectly by the Group.
In 2022, the Poste Italiane Group generated impacts on the country in terms of Gross Domestic Product (GDP) totalling €12.9 billion and, in
employing roughly €181 thousand people, contributed around €2.1 billion to the income of the Public Administration in terms of tax revenue.
Furthermore, it is possible to estimate that Poste Italiane contributed directly and indirectly to the distribution of income to workers, totalling €7 billion.
The daily work and commitment of the Group’s individual people contributes to the creation of value by Poste Italiane. In this regard, over the course of 2022, each person at Poste Italiane contributed to the creation of economic impacts for the region amounting to €107 thousand of GDP, €58 thousand of income for families, €11.6 thousand of tax contributions and the employment of 1.5 people.
INFOGRAPHIC TRANSCRIPT
Title: Contribution of Poste Italiane to gross domestic product – 2022
Direct GDP: €8,926 million
Indirect andinduced GDP: €4,009 million
Total: €12,935 million
Each person at Poste Italiane, through their daily work and commitment, contributed to the creation of €107,000 in GDP during 2022
Title: Contribution of Poste Italiane to employment income – 2022
Employment income: €5,226 million
Indirect and induced labour income: €1,777 million
Total employment income: €7,003 million
Each person at Poste Italiane, through their daily work and commitment, contributed to the distribution of €58,000 to families during 2022
Title: Contribution of Poste Italiane to PA – 2022
Direct contribution to PA: €878 million
Indirect and induced contribution to PA: €1,245 million
Total contribution to PA: €2.123 million
Each person at Poste Italiane, through their daily work and commitment, contributed to the creation of €11,6 thousand in tax revenue during 2022
Title: Contribution of Poste Italiane employment – 2022
Direct employment: 121,033
Indirect and induced employment: 59,530
Total employment: 180,563
Each person at Poste Italiane, through their daily work and commitment, contributed to the employment of 1.5 people in 2022
The commitment that Poste Italiane dedicates to serving the country system is not limited to 2022, but is embedded in a path of annual value creation. In fact, over the last five years, the Poste Italiane Group has generated overall impacts on the country of €62.1 billion in Gross Domestic Product (GDP), €36.8 billion in employment income, and €10 billion in tax revenue. In addition, the Group contributed an average of 185 thousand jobs between 2018 and 2022.
INFOGRAPHIC TRANSCRIPT
Title: Contribution of Poste Italiane to gross domestic product 2018-2022
2018: €11,908 million
2019: €12,572 million
2020: €12,226 million
2021: €12,462 million
2022: €12,935 million
Total GDP generated between 2018 and 2022: €62,1222 million
Title: Contribution of Poste Italiane to employment income 2018-2022
2018: €7,505 million
2019: €7,534 million
2020: €7,443 million
2021: €7,275 million
2022: €7,003 million
Total income generated between 2018 and 2022: €36,762 million
Title: Contribution of Poste Italiane to PA 2018-2022
2018: €1,680 million
2019: €2,116 million
2020: €2,058 million
2021: €2,035 million
2022: €2,123 million
Contribution to PA generated between 2018 and 2022: €10,012 million
Titolo: Contribution of Poste Italiane to employment – 2018-2022 (average)
2018: 183,669
2019: 188,767
2020: 191,228
2021: 182,596
2022: 180,583
Average employment generated between 2018 and 2022: 185,371
Impacts generated in individual Territorial Areas in 2022
Considering the region of the registered office of suppliers, the indirect impacts generated by them in each Territorial Area in 2022 have been identified.
With reference to the various areas examined, there are values of Gross Domestic Product between €70 million and €1 billion. This results in an employment level of no less than one 1,500 people and total employment income between €45 million and €490 million approximately.
Impacts of Italian SME suppliers
Considering the parameters defined by the European Commission, the Italian suppliers that are characterised as Small and Medium Enterprises (SMEs) and the indirect impacts attributable to them have been identified.
The economic value generated and distributed by THE Poste Italiane Group
The economic value created in 2022 amounts to over €11.9 billion, roughly 84% distributed to stakeholders