Strategy and ESG Profile
For Banco BPM Sustainability is a constant and continuous commitment involving all its stakeholders for the creation of shared value. This is the key that defines the Group’s ESG profile.
Our aim is to create sustainable value over time, seizing the opportunities presented by a changing environment. Our business model welcomes stakeholder input and integrates environmental, social and governance objectives to translate them into a responsible growth strategy.
Transforming shared challenges in shared value
In the way we operate, we transform the inputs we receive from the context into a positive impact on communities, territories and society in three steps.
Listening to the context
We start from the relationship with the local area, from listening to stakeholders, from the relationship with the financial market and from the acquisition of international bodies’ indications to identify relevant objectives.
The new Strategic Plan integrates the material topics and ESG objectives into an action strategy that is implemented through our operating model.
The value generated, which is almost entirely distributed, becomes a driver of socio-economic development for society.
ESG Factors and the role of sustainability in the Strategic Plan
The new Strategic Plan’s focus on sustainability is the natural continuation of a conscious path that has been traced and consolidated for some time now. ESG issues guide the Group’s development activity across the 5 pillars.
Under the leadership of the ESG Committee and in light of an analysis of Regulatory requirements, but also expectations of the financial market and the best practices of national and international competitors, we launched an important process of sustainability.
7 areas of activities were therefore initiated which will aim to strengthen and achieve the integration of sustainability within company activities and the business.
We highlighted our commitment to Sustainability with an important document: our ESG Profile, submitted for the first time at Borsa Italiana’s Sustainability Week 2021, which contains some concrete results achieved in recent years and some goals for the future.