We are fully aware that we are a company that has significant direct and indirect impacts, on both the local areas in which we operate on a daily basis and at country level. And based on this awareness, we have identified our business objectives also as part of the Sustainable Development Goals Framework, by selecting the targets in which our contribution may be the most significant.
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Promotion and implementation of financial education and training initiatives for customers and the most vulnerable targets of the population
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Provision of continuous specialist training to employees to help them develop and maintain their skills
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In the new Strategic Plan, the Group has set itself the objective of providing ESG training for all its staff
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Promotion of equal opportunities, respect and enhancement of gender diversity and inclusion in the group
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As part of the toDEI project to promote diversity, quantitative objectives have been set, which have also been integrated into the 2023-26 Strategic Plan
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- Promotion of responsible management of resources to reduce its own environmental footprint and the impacts generated by its activity.
- In new 2023-26 Strategic Plan, has renewed its commitment to use electricity 100% generated from renewable sources with guarantee of origin
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Creation and protection of both direct employment - through the hiring of young people - and indirect - by influencing the choices of customers and suppliers
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In the new Strategic Plan the Group has committed to promote advisory solutions, products and services that support clients in their transition towards a sustainable economy
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- Promotion of numerous initiatives with social and environmental impact
- In the new Strategic Plan, the Group has set itself the target of providing support for projects with social and environmental impact with over €20m in contributions
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Promotion of ESG principles along the supply chain and improvement in customer satisfaction
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In the 2023-2026, Strategic Plan, the Group set itself the target of increasing the percentage of suppliers screened using ESG criteria
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- Member of the Net-Zero Banking Alliance (NZBA), with the objective of reaching net zero emissions by 2050 or sooner, in line with the targets set by the Paris Climate Agreement
- The new 2023-26 Strategic Plan contains an interim target for cutting the financed emissions intensity for the loan book by 2030, by which date the Group expects to phase out its development in the coal industry entirely
- Commitment of the Group to maintaining carbon neutrality versus its own emissions
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- Commitment of Mediobanca Group to conducting its business according to the highest ethical standards, and does not tolerate any form of corruption, whether active or passive
- Mediobanca S.p.A. has adopted an effective Tax Control Framework
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Discover the correlation between SDGs and strategic objectives
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From 2018, we have also been supporters of the United Nations Global Compact, a network of companies committed to promoting a collection of sustainability principles and values in the long-term through political actions, company procedures, social and civil behaviour that is responsible and also takes into account the future generations. |
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Mediobanca has adhered to the Principles for Responsible Banking (the “PRB”) of the UN Environment Programme Finance Initiative promoted by the United Nations with the aim of helping to steer the sector further in the direction of achieving the Sustainable Development Goals set by the UN. |