Adherence to international standards - Intesa Sanpaolo
Adherence to international standards
Intesa Sanpaolo undertakes to observe the principles of sustainable development and has adhered to important international initiatives aimed at promoting dialogue among firms, international organisations and society in general and to pursue respect for the environment and human rights.
Intesa Sanpaolo formalised, in 2007, its adherence to the UN Global Compact, a voluntary initiative launched by the former Secretary General of the United Nations, Kofi Annan, which aims at promoting corporate social responsibility through the adherence to ten fundamental principles relating to human rights, labour, the environment and the fight against corruption. Intesa Sanpaolo participates in the Global Compact Italian Network by adhering to the GCNI Foundation.
Intesa Sanpaolo has taken part in the United Nations Programme for the Environment in the finance sector (UNEP FI) since 2007; this initiative intends to involve a wide range of banks in a constructive dialogue on economic development, environment protection and sustainable development.
In 2007 the Group adopted the Equator Principles, a set of voluntary international guidelines for project financing, developed by a group of international banks on the basis of the IFC safeguard policies (International Finance Corporation - a subsidiary of the World Bank).
CDP is an international not-for-profit organization providing the only global system for companies and cities to measure, disclose, manage and share vital environmental information. CDP works with the financial markets, including 822 institutional investors, to motivate companies to publicly present their impact on the environment and natural resources and to take action to reduce it. The Intesa Sanpaolo Group adheres as a signatory to CDP through Eurizon Capital SGR and the Pension Fund Intesa Sanpaolo Group.
Global Reporting Initiative: as from 2010 Intesa Sanpaolo is accredited as an Organisational Stakeholder and supports the GRI mission to develop sustainability guidelines recognised globally through a multi-stakeholder process.
Intesa Sanpaolo joined in 2013 the London Benchmarking Group, an internationally recognized standard for companies’ reporting of community investments.
The Principles for Responsible Investment (PRI) are principles geared to achieving a sustainable global financial system, born from the partnership between the UNEP-FI and the UN Global Compact. The Intesa Sanpaolo Group adheres as a signatory to the Principles through Eurizon Capital SGR and the Intesa Sanpaolo Group Pension Fund.