Return to consumption, management of household savings, digital and sustainable transformation and support for businesses. They are the 4 levers of the branded project UniCredit to support the country's growth and recovery. To this end, the banking group led by Andrea Orcel has set up a task force dedicated and structured to support le 6 mission of the National Recovery and Resilience Plan (PNRR): digitization together with innovation, competitiveness, culture and tourism; green revolution and ecological transition; infrastructure for sustainable mobility; education and research; inclusion and cohesion and, finally, healthcare.
The Group's initiative aims to support the country's growth and recovery through investment in sectors, supply chains and territories. Launched in March 2020, the program is founded on the values of sustainability, innovation e internationalization, combined with constant dialogue with businesses, families and communities.
In detail - reads a note - the task force involves business areas, Group product factories, risk management and the area dedicated to the sector ESG (Enviroment, Sustainable, Governance) to best serve and support customers and structures dedicated to assisting companies in accessing European funds thanks to financing instruments dedicated to the implementation of innovative and sustainable projects.
And thanks to the support of the task force, UniCredit recently issued a 1 billion euro bond intended to finance renewable energies, low environmental impact transport and sustainable mobility, infrastructure and building from a "green" perspective, in line with the United Nations Sustainable Development Goals.
“We have a unique opportunity in front of us – he declared Niccolo Ubertalli, Head of Italy of UniCredit – to start a new phase for our country. National and European institutions are making financial resources available like never before. This calls us to a great responsibility: to allocate these resources well to support Italy's growth, with particular attention to investments with a view to sustainability, digitization and the relaunch of competitiveness. Since the beginning of the pandemic we have supported 91 thousand families with 6,6 billion and over 139 thousand businesses with 16,6 billion through the moratoriums, and around 193 thousand businesses with 21,8 billion through guarantee schemes during the pandemic period. The recovery plan is the challenge for the relaunch of our country that we want to take up as UniCredit. Our role has been key in the context of the pandemic, in support of businesses and families, and will be even more so for the restart".