Since its establishment, the Cassa Centrale Group has placed sustainability at the heart of its actions, constantly strengthening its commitment to ESG issues.
2019
Creation of the Cassa Centrale Credito Cooperativo Italiano Group
2019-2021
- First Non-Financial Group Statement
- Adoption of first ESG policies
- Creation of the Identity and Sustainability Committee
- First Sustainability Plan 2021-2024
2022-2023
- Establishment of the Risk and Sustainability Committee
- Establishment of the ESG Steering Committee
- Joining the UN Global Compact
2024
- First Sustainability Reporting under the CSRD
- Sustainability Plan integrated in the 2024-2026 Strategic Plan
- Strategic and Operational Plan for Climate and Environmental Risks
- ESG Risk Rating Sustainalytics
2025
- Sustainability Plan integrated into the 2025-2027 Strategic Plan
With a view to a Group ESG strategy increasingly integrated with business and operations, the 2025-2027 Strategic Plan includes the projects of the Sustainability Plan.
The 2025-2027 Strategic Plan
Guided by our values and our cooperative identity, which has always distinguished us, we have defined the strategic pillars to consolidate our reference role. This plan includes new action lines and specific initiatives to meet the needs of the digital and sustainable transition.
Our ESG strategy stems from a development model that values local identities, promotes diversity and is based on cooperative principles.
We have always been responsibly committed to facing daily challenges, directing our actions towards sustainable, inclusive growth that focusses on collective wellbeing.
Along the entire value chain, we work to reduce environmental impact, support the local economy, valorise people and strengthen ESG governance.
Each of our initiatives contributes to building a fairer, longer-lasting and shared future.
Mitigating environmental impact through improved energy efficiency and reduced carbon footprint.
Enhancing the cooperative identity of the Group and promoting sustainability along the value chain.
Supporting the green transition through the provision of sustainable financing and investment services and instruments.
People
Develop an inclusive environment that aims to improve people's wellbeing and enhance ESG competencies.
Strengthen governance and steer strategic choices in the area of sustainability.
The Sustainability Plan defines the Group's ESG strategy, which leverages the distinctive characteristics of Credito Cooperativo and aims to accompany customers and the communities where it operates in the environmental and social transition.
We promote a path of sustainable development oriented towards the wellbeing of our Members, People and the local Areas in which we operate, with the aim of transmitting value to future generations.
We have defined a plan in line with the UN Agenda 2030 Sustainable Development Goals (SDGs).
Environment
Promoting efficient and responsible consumption of resources, reducing the carbon footprint and fostering the transition to a sustainable economy
- ISO 14001 Environmental certification
- ISO 50001 Energy certification
- 100% renewable electricity with reduced Scope 2 emissions
- Transition Plan to decarbonise the loan portfolio
Communities and Members
Strengthen and expand presence in local Areas by promoting high positive impact practices
- 30,000 new young members
- Evaluation of ordinary and strategic suppliers according to ESG criteria
Customers
Integrating the offer of ESG financial products and services to support the sustainable transition of companies and households
- ~7% green finance disbursements on new production
- € 1 bn NRRP funding
- >90% AuM in sustainable asset solutions
- >65% AuM Sustainable NEF funds
- >70% AuM Sustainable bancassurance products
People
Enhancing skills, developing an open and inclusive environment and improving people's wellbeing
- 70% corporate officers and employees trained in ESG
- ISO 45001 Health and Safety Certification
- UNI PDR 125:2022 Gender Equality Certification
ESG Governance
Strengthening ESG oversight in business processes
- 15% MBO linked to ESG targets
- € 300 million Green/Social/Sustainability Bond issues
