The board of directors of Cassa Depositi e Prestiti, which met on an exceptional basis at the Museo e Real Bosco di Capodimonte in Naples, today approved various measures which give practical implementation of the 2022-2024 strategic plan launched last November 25th.
The approved measures, explains the CDP in a note, concern:
- the first sectoral strategic guidelines for financing and investment,
- the first floor esg,
- the first general responsible financing policy,
- the reorganization of the group real estate area and the extension of the operations of Cdp Immobiliare sgr to the infrastructure sector.
The ESG plan for a more sustainable CDP
As regards the ESG plan on sustainability, CDP resolved to "reduce fuel consumption and emissions that alter the climate”, establishing a decrease of 50% in 2024 and 100% in 2030. The company will also encourage the launch of a responsible sourcing and aware, with over 70% of purchases that by 2024 will be made from certified suppliers. Also envisaged is the intention to direct operations towards the transformation into a Smart Company (+40% of cloud applications by 2024).
The board of directors also decided to "put people at the center of corporate strategy, supporting diversity and inclusion, enhancing training and well-being and ensuring greater gender balance within the organization, with a more than 50% increase in the number of women in top positions in the period 2020-24, reaching at the end of the period 30% of the total executives are women".
The new sectoral guidelines of Cdp
As regards the sectoral strategic guidelines, the board focused in particular on three sectors: the energy transition, social infrastructures and digitalisation.
On the energy transition the company led by Dario Scannapieco has identified the following objectives.
- increase in the production of energy from renewable sources,
- strengthening energy security,
- electrification of consumption,
- energy efficiency and development of new energy carriers, such as hydrogen.
Speaking instead of social infrastructure, the guidelines concern: strengthening and redevelopment of education infrastructures, greater diffusion and accessibility to hospital infrastructures, support for housing infrastructures, from the offer of social housing at controlled rents to broader urban regeneration processes by introducing innovative technologies.
Finally, on the subject of digitization the areas of intervention extend to: development of connectivity infrastructures, support for the digitization of companies and the PA, strengthening of digital security.
The reorganization of the real estate area
Today's board of directors also proceeded to launch the reorganization of the group's real estate area, with the aim of strengthening the role of Cdp in the sector "through a clear distribution of skills and responsibilities and a more rational allocation of the group's real estate portfolio in two centers of expertise, with the suppression of Cdp Immobiliare".
On the basis of the provisions, two competence centers will be created: CDP Immobiliare sge will be dedicated to asset and fund management activities with a focus on investments in urban valorisation and regeneration, social housing infrastructure and the tourism sector. Fintecna, on the other hand, will be focused on the provision of real estate services and the management of settlement processes and also on the sale of the property portfolio for which no valorisation activity is envisaged.
The reorganization of the real estate area will be completed, once all the necessary authorizations have been obtained, with the extension of the operations of Cdp Immobiliare sgr in the infrastructure sector and simultaneous renaming of the company to Cdp Real Asset sgr.
Finally, the Board of Directors passed a resolution the first general policy of responsible financing, the tool that will direct business activities aimed at generating positive and measurable impacts in social, economic and environmental terms.
