Sustainability Initiatives

The MPS Group is committed to achieving the Sustainability Development Goals (SDGs) promoted by the Member States of the United Nations Organisation.

The Group reports non-financial information in accordance with GRI Standards.

The collaboration between the Global Reporting Initiative (GRI) and the Italian Banking Association in 2018 led to the development of the ABI Non-Financial Reporting Guidelines, with the aim of facilitating the industry-wide application of the GRI Sustainability Reporting Standards to support banks in their Reporting activities and promote transparency across the sector. 

Banca Monte dei Paschi di Siena endorses the UNEP-FI Principles for Responsible Banking, a framework aimed at promoting the development of a sustainable banking industry , in line with the goals of the United Nations 2030 Agenda and with those of the Paris Climate Agreement, by supporting the integration of sustainability into all areas of banking business. The Montepaschi Group was among the first signatory banks to adhere in 2019.

The MPS Bank is continuing on its path towards a sustainable development model and has adhered to the Net-Zero Banking Alliance (NZBA), an initiative promoted by the UNEP-FI to accelerate the global transition of the real economy to net-zero emissions by 2050. The MPS Group joined the Alliance in January 2022.

On the basis of the values it shares, the Group has been supporting the UN Global Compact and its 10 principles since 2002, with the aim of promoting sustainable growth in the interests of all our stakeholders.

Banca Monte dei Paschi di Siena has joined the United Nations Environment Programme Finance Initiative (UNEP FI). Developed by the partnership between the UN and the global financial sector to steer the global economic sector towards sustainable development, the initiative aims to improve the quality of life of the world’s population without compromising that of future generations.

The Group has been a member of Valore D since 2015 and in 2017 signed its Manifesto for Female Employment. The Group has set up a programme of initiatives dedicated to Diversity Management, with the aim of developing concrete actions that support and enhance diversity and inclusion.

The Group has adhered to the Italian Banking Association’s Charter “Women in Banking” to promote inclusion and equal opportunities.