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.
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;
by the International Subsidiary Banks.
The management of the Fund and of the social and cultural initiatives was placed under the direct responsibility ofthe Chairman of the Board of Directors and is governed by a Regulation which provides 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, 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 Chairman's Technical Secretariat. Read more
In 2017 the Board of Directors approved the Guidelines 2017-2018 for the Charity Fund, that focused towards support of the earthquake victims of Central Italy and the social and economic inclusion of migrants and immigrants.
In 2017, the Fund for charitable, social and cultural donations of Intesa Sanpaolo has disbursed approximately 9.5 million euro in support of over 900 projects carried out by non-profit organisations. Consistent with the guidelines approved by the Board of Directors, the commitment to projects with a significant social impact for weaker segments of the population was relevant: 88% of national central disbursements and 69% of local donations have been substantiated in support for disadvantaged people.
In 2017,in collaboration with the International Subsidiary Banks Division, some specific initiatives were identified in support of the communities and areas in which the Group operates. Starting with a survey of the most urgent problems and needs of the various countries, certain local areas were selected and then attention was focused on those institutions and projects that could meet the identified needs in those areas. At the end of the assessment process, support was given to a project run by VIS (Volontariato Internazionale per lo Sviluppo - International Voluntary Service for Development) on vocational training in Egypt (200,000 euro) and an action organised by CESVI (Cooperazione e Sviluppo per il sostegno all’occupazione giovanile - Cooperation and Development for supporting Youth Employment) in particular in the tourism sector, in Albania (106,000 euro). The collaboration aims to disseminate among the International Subsidiary Banks new procedures for the selection and monitoring of projects, following the example of the initiatives taken by the Parent Company.
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:
Associations and organizations that are not legally recognized, recreational groups;
Service Clubs, such as Lyons, Rotary, etc.;
Entities involved in litigation matters that concern the lack of respect for human rights, peaceful coexistence, environmental protection;
political parties, political movements and their organizational structures;
Schools and local government agencies may benefit from financial contributions only for specific initiatives particularly important in social, cultural or scientific field.