Code of Ethics and Governance
The application of our Code of Ethics combined with an effective Governance system allows us to integrate Sustainability in the Group’s business model.
We have created important units: the Sustainability Committee at board level, the ESG Committee at executive level and the corporate Sustainability structure. They work together to stimulate and improve all activities, defined in our Sustainability Strategy, including the implementation of Policies on the various ESG aspects, the strengthening of the integration of ESG objectives in the incentive plans of Top management and the realization of a framework for issuing green, social and sustainable bonds.
Guidelines and commitments
In order to operate in full transparency, we upload our guidelines and commitments that guide our business and which have been developed according to the principles defined in the Code of Ethics, which is the cornerstone of our governance system.
Banco BPM, in its capacity as a financial adviser, i.e. an investment firm providing investment advisory services, declares that it does not currently take into consideration the negative impacts of investment decisions on sustainability factors pursuant to Article 4 of Regulation (EU) 2019/2088 of the European Parliament and of the Council of 27 November 2019 (“SFDR Regulation”), due to a regulatory framework that has not yet been integrated with detailed provisions. Therefore, although the Bank has already undertaken an evolving path aimed at integrating sustainability risks and factors in its investment decision‑making processes, it will consider from time to time to take into account the negative impacts of investment decisions pursuant to Article 4 of the SFDR Regulation.