The support provided by Intesa Sanpaolo to the communities in which it operates is also carried out through contributions aimed primarily at:
solidarity projects or initiatives (charitable initiatives, international cooperation and projects in developing countries and missionary work);
social intervention (support to fragile, emarginated or needy persons or people in need, health assistance and research; support for professional training and initiatives in the area of higher and technical education);
cultural intervention (projects with a specific educational content.
In 2016 we continued to focus our efforts towards national and local projects with a significant social impact in favour of people more harshly affected by the economic crisis. Apart from the international measures taken in favour of poor countries, more than 84% of domestic central donations and over 68% of local donation were issued to provide support to disadvantaged people. Among the various initiatives supported during 2016, there have been numerous interventions in occasion of the emergencies that hit our country, particularly in favour of the victims of the Andria railroad disaster and the earthquake in Central Italy.
Donations to the community are issued:
centrally, through a special Fund for charitable, social and cultural donations, on the basis of biennial guidelines that define the piority issues for the access to the resources and an annual plan which specify the breakdown modes;
by the Group’s Banks operating through their own charitable fund;
through local donations managed in a decentralized way by Regional Departments and by the Group’s Banks which do not have their own charitable fund or not provided with adequate resources.
Since April 2016, the management of the Fund was placed under the direct responsibility of the Chairman of the Board of Directors and at the end of July a new Regulation was set up, which provides for renewed mechanisms for selecting the organisations and the projects proposed. The selection is open to specific projects with clear social impact and analysing the proven ability of the organisations to achieve the goals declared in the program, thanks to previous experiences. A rotation mechanism was then introduced, which guarantees the widest and most flexible use of the Fund and, in particular, a maximum of three consecutive years of support for the same project, subject to verification of the results achieved. The coordination of the activities of the local Funds of the Group’s banks in Italy and abroad is carried out by the central structure assisting the Chairman of the Board of Directors. Read more
Initiatives that present commercial and promotional value for the Bank and the Group cannot be the subject of donation.
Among the beneficiaries of our donations the policy excludes:
political parties, political movements and their organizational structures;
Service Clubs, such as Lyons, Rotary, etc.;
Associations and organizations that are not legally recognized, recreational groups;
Entities involved in litigation matters that concern the lack of respect for human rights, peaceful coexistence, environmental protection.
Schools and local government agencies may benefit from financial contributions only for specific initiatives particularly important in social, cultural or scientific field.