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    <link:label xlink:type="resource" xlink:label="label_ifrs-full_EquityAttributableToOwnersOfParent" xml:lang="it" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Patrimonio netto attribuibile ai soci della controllante [total]</link:label>
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    <link:label xlink:type="resource" xlink:label="label_ifrs-full_Equity" xml:lang="it" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Patrimonio netto [total]</link:label>
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    <link:label xlink:type="resource" xlink:label="label_ifrs-full_CurrentLiabilities" xml:lang="it" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Passività correnti [total]</link:label>
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    <link:label xlink:type="resource" xlink:label="label_ifrs-full_Liabilities" xml:lang="it" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Passività [total]</link:label>
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    <link:label xlink:type="resource" xlink:label="label_ifrs-full_EquityAndLiabilities" xml:lang="it" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Patrimonio netto e passività [total]</link:label>
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    <link:label xlink:type="resource" xlink:label="label_ifrs-full_OperatingExpense" xml:lang="it" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Costi operativi [total]</link:label>
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    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProfitLossFromOperatingActivities" xlink:label="loc_ifrs-full_ProfitLossFromOperatingActivities" />
    <link:label xlink:type="resource" xlink:label="label_ifrs-full_ProfitLossFromOperatingActivities" xml:lang="it" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Utile (perdita) derivante da attività operative [total]</link:label>
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    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProfitLossBeforeTax" xlink:label="loc_ifrs-full_ProfitLossBeforeTax" />
    <link:label xlink:type="resource" xlink:label="label_ifrs-full_ProfitLossBeforeTax" xml:lang="it" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Utile (perdita) prima delle imposte [total]</link:label>
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    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_IncomeTaxExpenseContinuingOperations" xlink:label="loc_ifrs-full_IncomeTaxExpenseContinuingOperations" />
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    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProfitLoss" xlink:label="loc_ifrs-full_ProfitLoss" />
    <link:label xlink:type="resource" xlink:label="label_ifrs-full_ProfitLoss" xml:lang="it" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Utile (perdita) [total]</link:label>
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    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ComprehensiveIncome" xlink:label="loc_ifrs-full_ComprehensiveIncome" />
    <link:label xlink:type="resource" xlink:label="label_ifrs-full_ComprehensiveIncome" xml:lang="it" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Conto economico complessivo [total]</link:label>
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    <link:label xlink:type="resource" xlink:label="label_ifrs-full_PurchaseOfTreasuryShares" xml:lang="it" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Acquisto di azioni proprie [negated]</link:label>
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    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_GainsLossesOnChangeInFairValueOfDerivatives" xlink:label="loc_ifrs-full_GainsLossesOnChangeInFairValueOfDerivatives" />
    <link:label xlink:type="resource" xlink:label="label_ifrs-full_GainsLossesOnChangeInFairValueOfDerivatives" xml:lang="it" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Utili (perdite) derivanti dalla variazione del fair value (valore equo) dei derivati [negated]</link:label>
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    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AdjustmentsForUndistributedProfitsOfInvestmentsAccountedForUsingEquityMethod" xlink:label="loc_ifrs-full_AdjustmentsForUndistributedProfitsOfInvestmentsAccountedForUsingEquityMethod" />
    <link:label xlink:type="resource" xlink:label="label_ifrs-full_AdjustmentsForUndistributedProfitsOfInvestmentsAccountedForUsingEquityMethod" xml:lang="it" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Rettifiche per utili non distribuiti delle partecipazioni contabilizzate con il metodo del patrimonio netto [negated]</link:label>
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    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_InvestmentIncome" xlink:label="loc_ifrs-full_InvestmentIncome" />
    <link:label xlink:type="resource" xlink:label="label_ifrs-full_InvestmentIncome" xml:lang="it" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Proventi degli investimenti [negated]</link:label>
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    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_InterestPaidClassifiedAsOperatingActivities" xlink:label="loc_ifrs-full_InterestPaidClassifiedAsOperatingActivities" />
    <link:label xlink:type="resource" xlink:label="label_ifrs-full_InterestPaidClassifiedAsOperatingActivities" xml:lang="it" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Interessi pagati, classificati come attività operativa [negated]</link:label>
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    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_IncomeTaxesPaidClassifiedAsOperatingActivities" xlink:label="loc_ifrs-full_IncomeTaxesPaidClassifiedAsOperatingActivities" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncomeTaxesPaidClassifiedAsOperatingActivities" xlink:to="label_ifrs-full_IncomeTaxesPaidClassifiedAsOperatingActivities" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AdjustmentsForReconcileProfitLoss" xlink:label="loc_ifrs-full_AdjustmentsForReconcileProfitLoss" />
    <link:label xlink:type="resource" xlink:label="label_ifrs-full_AdjustmentsForReconcileProfitLoss" xml:lang="it" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Rettifiche per riconciliare l'utile o la perdita [total]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AdjustmentsForReconcileProfitLoss" xlink:to="label_ifrs-full_AdjustmentsForReconcileProfitLoss" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherInflowsOutflowsOfCashClassifiedAsOperatingActivities" xlink:label="loc_ifrs-full_OtherInflowsOutflowsOfCashClassifiedAsOperatingActivities" />
    <link:label xlink:type="resource" xlink:label="label_ifrs-full_OtherInflowsOutflowsOfCashClassifiedAsOperatingActivities" xml:lang="it" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Altri flussi finanziari in entrata (in uscita), classificati come attività operative [total]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherInflowsOutflowsOfCashClassifiedAsOperatingActivities" xlink:to="label_ifrs-full_OtherInflowsOutflowsOfCashClassifiedAsOperatingActivities" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CashFlowsFromUsedInOperatingActivities" xlink:label="loc_ifrs-full_CashFlowsFromUsedInOperatingActivities" />
    <link:label xlink:type="resource" xlink:label="label_ifrs-full_CashFlowsFromUsedInOperatingActivities" xml:lang="it" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Flussi finanziari derivanti da (usati in) attività operative [total]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CashFlowsFromUsedInOperatingActivities" xlink:to="label_ifrs-full_CashFlowsFromUsedInOperatingActivities" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities" xlink:label="loc_ifrs-full_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities" />
    <link:label xlink:type="resource" xlink:label="label_ifrs-full_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities" xml:lang="it" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Acquisto di attività immateriali, classificato come attività di investimento [negated]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities" xlink:to="label_ifrs-full_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xlink:label="loc_ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" />
    <link:label xlink:type="resource" xlink:label="label_ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xml:lang="it" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Acquisto di immobili, impianti e macchinari, classificato come attività di investimento [negated]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xlink:to="label_ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" />
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    <link:label xlink:type="resource" xlink:label="label_ifrs-full_CashFlowsFromUsedInInvestingActivities" xml:lang="it" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Flussi finanziari derivanti da (usati in) attività di investimento [total]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CashFlowsFromUsedInInvestingActivities" xlink:to="label_ifrs-full_CashFlowsFromUsedInInvestingActivities" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities" xlink:label="loc_ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities" />
    <link:label xlink:type="resource" xlink:label="label_ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities" xml:lang="it" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Rimborsi di finanziamenti, classificati come attività di finanziamento [negated]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities" xlink:to="label_ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DividendsPaidClassifiedAsFinancingActivities" xlink:label="loc_ifrs-full_DividendsPaidClassifiedAsFinancingActivities" />
    <link:label xlink:type="resource" xlink:label="label_ifrs-full_DividendsPaidClassifiedAsFinancingActivities" xml:lang="it" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Dividendi pagati, classificati come attività di finanziamento [negated]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DividendsPaidClassifiedAsFinancingActivities" xlink:to="label_ifrs-full_DividendsPaidClassifiedAsFinancingActivities" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CashFlowsFromUsedInFinancingActivities" xlink:label="loc_ifrs-full_CashFlowsFromUsedInFinancingActivities" />
    <link:label xlink:type="resource" xlink:label="label_ifrs-full_CashFlowsFromUsedInFinancingActivities" xml:lang="it" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Flussi finanziari derivanti da (usati in) attività di finanziamento [total]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CashFlowsFromUsedInFinancingActivities" xlink:to="label_ifrs-full_CashFlowsFromUsedInFinancingActivities" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_IncreaseDecreaseInCashAndCashEquivalents" xlink:label="loc_ifrs-full_IncreaseDecreaseInCashAndCashEquivalents" />
    <link:label xlink:type="resource" xlink:label="label_ifrs-full_IncreaseDecreaseInCashAndCashEquivalents" xml:lang="it" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Aumento (diminuzione) di disponibilità liquide e mezzi equivalenti [total]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncreaseDecreaseInCashAndCashEquivalents" xlink:to="label_ifrs-full_IncreaseDecreaseInCashAndCashEquivalents" />
    <link:loc xlink:type="locator" xlink:href="815600ABFF26D15A4920-2021-12-31.xsd#ASCOPIAVE_PartecipazioniInAltreImprese" xlink:label="loc_ASCOPIAVE_PartecipazioniInAltreImprese" />
    <link:label xlink:type="resource" xlink:label="label_ASCOPIAVE_PartecipazioniInAltreImprese" xml:lang="it" xlink:role="http://www.xbrl.org/2003/role/label">Partecipazioni in altre imprese</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ASCOPIAVE_PartecipazioniInAltreImprese" xlink:to="label_ASCOPIAVE_PartecipazioniInAltreImprese" />
    <link:loc xlink:type="locator" xlink:href="815600ABFF26D15A4920-2021-12-31.xsd#ASCOPIAVE_RisultatoDelPeriodo" xlink:label="loc_ASCOPIAVE_RisultatoDelPeriodo" />
    <link:label xlink:type="resource" xlink:label="label_ASCOPIAVE_RisultatoDelPeriodo" xml:lang="it" xlink:role="http://www.xbrl.org/2003/role/label">Risultato del periodo</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ASCOPIAVE_RisultatoDelPeriodo" xlink:to="label_ASCOPIAVE_RisultatoDelPeriodo" />
    <link:loc xlink:type="locator" xlink:href="815600ABFF26D15A4920-2021-12-31.xsd#ASCOPIAVE_FairValuePartecipazioniInAltreImprese" xlink:label="loc_ASCOPIAVE_FairValuePartecipazioniInAltreImprese" />
    <link:label xlink:type="resource" xlink:label="label_ASCOPIAVE_FairValuePartecipazioniInAltreImprese" xml:lang="it" xlink:role="http://www.xbrl.org/2003/role/label">Fair value partecipazioni in altre imprese</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ASCOPIAVE_FairValuePartecipazioniInAltreImprese" xlink:to="label_ASCOPIAVE_FairValuePartecipazioniInAltreImprese" />
    <link:loc xlink:type="locator" xlink:href="815600ABFF26D15A4920-2021-12-31.xsd#ASCOPIAVE_DestinazioneRisultato2020" xlink:label="loc_ASCOPIAVE_DestinazioneRisultato2020" />
    <link:label xlink:type="resource" xlink:label="label_ASCOPIAVE_DestinazioneRisultato2020" xml:lang="it" xlink:role="http://www.xbrl.org/2003/role/label">Destinazione risultato 2020</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ASCOPIAVE_DestinazioneRisultato2020" xlink:to="label_ASCOPIAVE_DestinazioneRisultato2020" />
    <link:loc xlink:type="locator" xlink:href="815600ABFF26D15A4920-2021-12-31.xsd#ASCOPIAVE_PianiDiIncentivazioneALungoTermine" xlink:label="loc_ASCOPIAVE_PianiDiIncentivazioneALungoTermine" />
    <link:label xlink:type="resource" xlink:label="label_ASCOPIAVE_PianiDiIncentivazioneALungoTermine" xml:lang="it" xlink:role="http://www.xbrl.org/2003/role/label">Piani di incentivazione a lungo termine</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ASCOPIAVE_PianiDiIncentivazioneALungoTermine" xlink:to="label_ASCOPIAVE_PianiDiIncentivazioneALungoTermine" />
    <link:loc xlink:type="locator" xlink:href="815600ABFF26D15A4920-2021-12-31.xsd#ASCOPIAVE_DestinazioneRisultato2019" xlink:label="loc_ASCOPIAVE_DestinazioneRisultato2019" />
    <link:label xlink:type="resource" xlink:label="label_ASCOPIAVE_DestinazioneRisultato2019" xml:lang="it" xlink:role="http://www.xbrl.org/2003/role/label">Destinazione risultato 2019</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ASCOPIAVE_DestinazioneRisultato2019" xlink:to="label_ASCOPIAVE_DestinazioneRisultato2019" />
    <link:loc xlink:type="locator" xlink:href="815600ABFF26D15A4920-2021-12-31.xsd#ASCOPIAVE_AltriMovimenti" xlink:label="loc_ASCOPIAVE_AltriMovimenti" />
    <link:label xlink:type="resource" xlink:label="label_ASCOPIAVE_AltriMovimenti" xml:lang="it" xlink:role="http://www.xbrl.org/2003/role/label">Altri movimenti</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ASCOPIAVE_AltriMovimenti" xlink:to="label_ASCOPIAVE_AltriMovimenti" />
    <link:loc xlink:type="locator" xlink:href="815600ABFF26D15A4920-2021-12-31.xsd#ASCOPIAVE_VariazioneFairValueDerivatiRelativiASocietaCollegateVariazione" xlink:label="loc_ASCOPIAVE_VariazioneFairValueDerivatiRelativiASocietaCollegateVariazione" />
    <link:label xlink:type="resource" xlink:label="label_ASCOPIAVE_VariazioneFairValueDerivatiRelativiASocietaCollegateVariazione" xml:lang="it" xlink:role="http://www.xbrl.org/2003/role/label">Variazione fair value derivati relativi a societa collegate variazione</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ASCOPIAVE_VariazioneFairValueDerivatiRelativiASocietaCollegateVariazione" xlink:to="label_ASCOPIAVE_VariazioneFairValueDerivatiRelativiASocietaCollegateVariazione" />
    <link:loc xlink:type="locator" xlink:href="815600ABFF26D15A4920-2021-12-31.xsd#ASCOPIAVE_FairValuePartecipazioniInAltrePartecipazioni" xlink:label="loc_ASCOPIAVE_FairValuePartecipazioniInAltrePartecipazioni" />
    <link:label xlink:type="resource" xlink:label="label_ASCOPIAVE_FairValuePartecipazioniInAltrePartecipazioni" xml:lang="it" xlink:role="http://www.xbrl.org/2003/role/label">Fair value partecipazioni in altre partecipazioni </link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ASCOPIAVE_FairValuePartecipazioniInAltrePartecipazioni" xlink:to="label_ASCOPIAVE_FairValuePartecipazioniInAltrePartecipazioni" />
    <link:loc xlink:type="locator" xlink:href="815600ABFF26D15A4920-2021-12-31.xsd#ASCOPIAVE_VariazioneRiserveHaSuMtmDerivati" xlink:label="loc_ASCOPIAVE_VariazioneRiserveHaSuMtmDerivati" />
    <link:label xlink:type="resource" xlink:label="label_ASCOPIAVE_VariazioneRiserveHaSuMtmDerivati" xml:lang="it" xlink:role="http://www.xbrl.org/2003/role/label">Variazione riserve ha su mtm derivati </link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ASCOPIAVE_VariazioneRiserveHaSuMtmDerivati" xlink:to="label_ASCOPIAVE_VariazioneRiserveHaSuMtmDerivati" />
    <link:loc xlink:type="locator" xlink:href="815600ABFF26D15A4920-2021-12-31.xsd#ASCOPIAVE_VariazioneRiserveSuAttualizzazioniTfr" xlink:label="loc_ASCOPIAVE_VariazioneRiserveSuAttualizzazioniTfr" />
    <link:label xlink:type="resource" xlink:label="label_ASCOPIAVE_VariazioneRiserveSuAttualizzazioniTfr" xml:lang="it" xlink:role="http://www.xbrl.org/2003/role/label">Variazione riserve su attualizzazioni tfr</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ASCOPIAVE_VariazioneRiserveSuAttualizzazioniTfr" xlink:to="label_ASCOPIAVE_VariazioneRiserveSuAttualizzazioniTfr" />
    <link:loc xlink:type="locator" xlink:href="815600ABFF26D15A4920-2021-12-31.xsd#ASCOPIAVE_AltreAttivitaNonCorrenti" xlink:label="loc_ASCOPIAVE_AltreAttivitaNonCorrenti" />
    <link:label xlink:type="resource" xlink:label="label_ASCOPIAVE_AltreAttivitaNonCorrenti" xml:lang="it" xlink:role="http://www.xbrl.org/2003/role/label">Altre attivita non correnti</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ASCOPIAVE_AltreAttivitaNonCorrenti" xlink:to="label_ASCOPIAVE_AltreAttivitaNonCorrenti" />
    <link:loc xlink:type="locator" xlink:href="815600ABFF26D15A4920-2021-12-31.xsd#ASCOPIAVE_AltrePassivitaNonCorrenti" xlink:label="loc_ASCOPIAVE_AltrePassivitaNonCorrenti" />
    <link:label xlink:type="resource" xlink:label="label_ASCOPIAVE_AltrePassivitaNonCorrenti" xml:lang="it" xlink:role="http://www.xbrl.org/2003/role/label">Altre passivita non correnti</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ASCOPIAVE_AltrePassivitaNonCorrenti" xlink:to="label_ASCOPIAVE_AltrePassivitaNonCorrenti" />
    <link:loc xlink:type="locator" xlink:href="815600ABFF26D15A4920-2021-12-31.xsd#ASCOPIAVE_CessioniAcquisizioniDiPartecipazioniEAcconti" xlink:label="loc_ASCOPIAVE_CessioniAcquisizioniDiPartecipazioniEAcconti" />
    <link:label xlink:type="resource" xlink:label="label_ASCOPIAVE_CessioniAcquisizioniDiPartecipazioniEAcconti" xml:lang="it" xlink:role="http://www.xbrl.org/2003/role/label">Cessioni acquisizioni di partecipazioni e acconti</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ASCOPIAVE_CessioniAcquisizioniDiPartecipazioniEAcconti" xlink:to="label_ASCOPIAVE_CessioniAcquisizioniDiPartecipazioniEAcconti" />
    <link:loc xlink:type="locator" xlink:href="815600ABFF26D15A4920-2021-12-31.xsd#ASCOPIAVE_VariazionePassivitaFinanziarieNonCorrenti" xlink:label="loc_ASCOPIAVE_VariazionePassivitaFinanziarieNonCorrenti" />
    <link:label xlink:type="resource" xlink:label="label_ASCOPIAVE_VariazionePassivitaFinanziarieNonCorrenti" xml:lang="it" xlink:role="http://www.xbrl.org/2003/role/label">Variazione passivita finanziarie non correnti </link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ASCOPIAVE_VariazionePassivitaFinanziarieNonCorrenti" xlink:to="label_ASCOPIAVE_VariazionePassivitaFinanziarieNonCorrenti" />
    <link:loc xlink:type="locator" xlink:href="815600ABFF26D15A4920-2021-12-31.xsd#ASCOPIAVE_VariazioneNettaDebitiVersoBancheEFinanziamentiABreve" xlink:label="loc_ASCOPIAVE_VariazioneNettaDebitiVersoBancheEFinanziamentiABreve" />
    <link:label xlink:type="resource" xlink:label="label_ASCOPIAVE_VariazioneNettaDebitiVersoBancheEFinanziamentiABreve" xml:lang="it" xlink:role="http://www.xbrl.org/2003/role/label">Variazione netta debiti verso banche e finanziamenti a breve </link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ASCOPIAVE_VariazioneNettaDebitiVersoBancheEFinanziamentiABreve" xlink:to="label_ASCOPIAVE_VariazioneNettaDebitiVersoBancheEFinanziamentiABreve" />
    <link:loc xlink:type="locator" xlink:href="815600ABFF26D15A4920-2021-12-31.xsd#ASCOPIAVE_AccensionePrestitiObbligazionari" xlink:label="loc_ASCOPIAVE_AccensionePrestitiObbligazionari" />
    <link:label xlink:type="resource" xlink:label="label_ASCOPIAVE_AccensionePrestitiObbligazionari" xml:lang="it" xlink:role="http://www.xbrl.org/2003/role/label">Accensione prestiti obbligazionari </link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ASCOPIAVE_AccensionePrestitiObbligazionari" xlink:to="label_ASCOPIAVE_AccensionePrestitiObbligazionari" />
    <link:loc xlink:type="locator" xlink:href="815600ABFF26D15A4920-2021-12-31.xsd#ASCOPIAVE_VariazioneNettaAttivitaPassivitaFinanziarieCorrenti" xlink:label="loc_ASCOPIAVE_VariazioneNettaAttivitaPassivitaFinanziarieCorrenti" />
    <link:label xlink:type="resource" xlink:label="label_ASCOPIAVE_VariazioneNettaAttivitaPassivitaFinanziarieCorrenti" xml:lang="it" xlink:role="http://www.xbrl.org/2003/role/label">Variazione netta attivita passivita finanziarie correnti</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ASCOPIAVE_VariazioneNettaAttivitaPassivitaFinanziarieCorrenti" xlink:to="label_ASCOPIAVE_VariazioneNettaAttivitaPassivitaFinanziarieCorrenti" />
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