Sustainable consumption management

We are a banking group which strives to offer practical support to citizens and companies through a widespread regional presence. The high number of offices and sites scattered throughout Italy and abroad requires our relationship with the environment to focus primarily on the correct use and commitment to reducing consumption of water and paper and the proper management and minimisation of waste.

The Group, on account of the sector in which it operates, does not consume large amounts of water. At the Group’s premises, the main source of water consumption is the use of the toilet facilities. The type of activity performed does not require large amounts of water to be usedper and gradually eliminating plastic from its offices

  ^{Areas identified using the WRI’s Aqueduct tool.} 

The Mediobanca Group is aware of its impact on the environment and is committed to managing its consumption of natural resources responsibly, promoting the use of FSC certified paper and gradually eliminating plastic from its offices.

This brand distinguishes products and services with reduced environmental impact throughout their lifecycle, thus helping to protect the environment by reducing the quantity of waste and pollution, energy and water consumption, and reducing or eliminating the use of dangerous chemical substances
Monitoring of paper and waste is an important issue, allowing the Group to intervene with campaigns and initiatives to reduce their consumption by staff members.

The use of paper relates chiefly to the need to print and deliver documentation and/or presentations to the Group’s clients and stakeholders. The Group is committed to developing initiatives to reduce the consumption of paper and printing, to the dematerialization of all processes, to raising awareness among staff of the environmental impact of their daily actions, and to promoting virtuous habits.

To this end, the Group is committed to sourcing paper from responsibly managed sources, for example, Ecolabel or FSC (Forest Stewardship Council) certified paper, which states that the wood pulp used to make the paper has come from forests that are managed to rigorous environmental, social and economic standards.

^{1 For paper consumption, estimates have been used where data for recent months is unavailable, basing the estimates on the consumption figures recorded in the months prior to that}

The main products used to provide services to clients are related to office activities, hence the waste generated may be classified as follows: toner, paper, IT materials (e.g. computers, phones), and bulky waste.

<sup>80. At present waste disposal data is not specifically monitored by the Group.
81. For dangerous waste, methods based on estimates have been used where data is unavailable.</sup>

It should be noted that for toner the data refer to volumes acquired, while for the other categories the volumes have been derived from the waste treatment forms completed.

<sup>82. At present the Group has no information on the means by which untreated waste is recovered.
83. At present the Group has no information on the type of treatment carried out. However, it is known that this category includes a small percentage of surgical face masks for disposal, equal to 0.03 tons, while the other 0.121 tons are recycled.</sup>

The disposal of waste not collected by the local city council is managed by the individual Group Legal Entities themselves, through specialized companies that issue identification forms (FIR; or Formulario Identificazione Rifiuto) when they collect them.

The supply and disposal of toner is governed by a framework agreement with Kyndryl; for companies not covered by this agreement, the relevant identification form (Formulario Identificazione Rifiuto, or FIR) is submitted.

In Italy the Group does not acquire regenerated materials (such as toner) or recycled materials with the exception of paper.