The Banking Social Index branded Fabi. Less than a month after the announcement, the initiative launched by the general secretary of Fabi officially kicks off, Lando Maria Sileoni. The new index of the Italian banking union will measure and evaluate the degree of solidarity of the Italian banking sector, in particular those aimed at combating the phenomenon of poverty, which is increasingly rampant not only in Italy. The publication of a ranking of Italian credit institutions that implement economic initiatives, projects, loans on favorable terms and donations to organizations, research institutes, non-profit organizations, hospitals, charitable associations, voluntary and assistance to the weakest people.
In the coming days, Sileoni will send a letter to the managing directors and CEOs of the banking groups involved, which, together with joining the project, will formally request information and data relating to the social initiatives of their groups. Once all the information has been collected, he will follow a sweeping investigation aimed at forming the index and therefore the ranking, which will go beyond the social report published annually by the banking groups.
And in the coming months, an advisory committee will be set up which will be entrusted with the task of certifying the analysis of the data underlying the Banking Social Index and the ranking of "solidarity" banks. This body will include representatives of the academic world, the voluntary sector and the third sector, civil society and foundations.
Where did Fabi's initiative come from? From the need to counter the phenomenon of poverty increased during the pandemic crisis. According to 2021 data from the Unimpresa Study Center, they are almost 11 million Italians at risk of poverty: between the 4 million unemployed (of which 1 million and 127 thousand formerly employed; 571 thousand who are not even looking for a job; 2 million and 373 thousand people looking for their first job) and the 6,7 million employed but in precarious situations or economically weak (of which 925 with part-time fixed-term contracts, 2 people with full-time fixed-term contracts, 142 with involuntary part-time permanent contracts, 2 with collaboration contracts and 731 thousand self-employed part-time).
