We recognize the importance of operating responsibly to preserve the planet for future generations. Our Code of Ethics promotes integrity, transparency and fairness in business, ensuring the utmost respect for all people.

Our Purpose is "The well-being of our customers and territories remains our guiding star." We are committed to creating economic and social value, going beyond simple profit to actively support local communities.

To this end, we have integrated ESG (Environmental, Social, Governance) criteria into our corporate strategy, adopting sustainable and responsible practices in every aspect of our operations. The Group's sustainability governance, in fact, includes the adoption of international guidelines and strategic partnerships to ensure a positive impact on the environment and society.

We have set ourselves clear and ambitious goals, including reducing CO2 emissions by 2030, increasing funding for green projects and promoting financial inclusion and support for social initiatives in local communities.  

We are determined to continuously improve the quality of the services provided to our customers, with a particular focus on our customers' Safety, change and innovation.

We proudly support the growth and economic development of the communities in which we operate, keeping sustainability at the heart of our mission and strategic decisions.
 

Our Commitment Our main goals of 2022-2026
Sustainable Finance and Climate Change

Strengthen the Group’s commitment to supporting sustainable transition and reducing direct environmental impacts.

  • NZBA targets on high emitting sectors
  • EUR 2.5 billion in Green and Social Bonds 
  • 20% new medium-long term ESG loans out of total new lending
  • 40% of AuM invested in ESG products
  • 60 % reduction in Scope 1 emissions ( vs. 2017)
  • Maintain 100% electricity from renewable sources
  • >90% adoption of digital signature and >70% digitalised communications
Our Community

Make a positive impact by ensuring opportunities for digital development and sustainable growth for all customers, territories and communities.

  • Acceleration of PNRR-related programmes  and programmes targeted at households and SMEs
  • Improve Customer experience and support services
  • Invest in digital and increase digitalisation to improve commercial product offering
  • Nationwide roll-out of the MPS Orienta programme
Our People

Protect and develop the potential of human capital in an inclusive environment.

  • incorporate ESG into the performance review process for all employees
  • Promote ESG culture with ESG training and awareness programmes for all employees
  • 40% women in management positions
  • Formalise Anti-harassment policy and Gender Equality Certification UNI/PdR 125:2022
Our Integrity

Promote governance that fosters customer and stakeholder relationships based on accountability and transparency.

  • Achieve objectives related to voluntary membership of PRB and NZBA
  • Full integration of ESG criteria into strategic, management and risk management processes
  • Develop monitoring of ESG KPIs with the creation of dedicated dashboards
  • Include ESG KPIs in Variable Remuneration
  • >18% CET1 Ratio Fully Loaded  as of 2024
  • EUR 705 mln  pre-tax net profit  in 2024 and EUR 909 mln pre-tax profit in 2026
  • Commercial revenues of ~ EUR 420 mln within 2024 and ~EUR 610 mln within 2026