New customer credit for 26,5 billion euro, with 60% being represented by loans; 2,05 billion euros of green bonds through four issues which, combined with those of 2021, bring the total green and social issues to 3,3 billion, exceeding the target of 2,5 billion set for 2024 in advance. And again: 24% of the corporate bonds in the portfolio are ESG; 4,6 million euros in donations and sponsorships for social and environmental projects; 5.700 people in smart working mode; 26% of women in managerial positions and almost 90% of new hires in the last two years are young people between 20 and 30 years old. Added to this are over 1 million hours of staff training, of which approximately 174 on ESG issues; over 11.700 hours of financial awareness and ESG meetings aimed at the community. Finally, Banco Bpm obtains i100% electricity from renewable sources and reduced the energy consumed by 12%.
These are the main data contained in the sustainability report (Dcnf) of Banco Bpm. The document, entitled "One more step" illustrates to stakeholders the results achieved by the group in the ESG area which represent "one of the pillars of the Strategic Plan to 2024", underlines the bank in a note. Furthermore, thanks to these results, Banco Bpm was reconfirmed in the Mib Esg index and Bloomberg Gender Equality Index, improved the S&P Global and Sustainalytics ratings and was reconfirmed as 'EE' Strong by Standard Ethics.
“In 2022 the stakeholder listening process internal and external which has proved to be a necessary and fundamental starting point for identifying the most relevant sustainability issues for the Group with particular reference to the most significant impacts on the economy, the environment and people, including those on human rights", underlines Banco Bpm in a note
In recent days the bank has also deliberated membership of the Net Zero Banking Alliance (NZBA), the initiative promoted by the United Nations to accelerate the sustainable transition of the banking system.
In the introductory letter to the DCNF, the president Massimo Tononi and the CEO Joseph Chestnut address the stakeholders as follows: “Banco Bpm is not only the third largest Italian credit institution, but it is the sum of 20.000 people who have contributed, with their commitment and sense of belonging, to building a community bank, a reliable partner for our SMEs and a point of reference for all our stakeholders: customers and shareholders, suppliers and institutions, the third sector and the community, with whom we are now allies to exploit the potential of the environmental transition and the PNNR in favor of a recovery that increases and involves all the production systems and sectors of our society”.
