|Date joined:||25 May, 2021|
|Initiatives:||Net Zero Banking Alliance and Principles for Responsible Banking|
The Mediobanca group is a premier specialized financial group offering Wealth Management, Consumer Banking and Corporate & Investment Banking services. Its impeccable reputation in Italy is the result of nearly eight decades of success driven by a responsible approach to business and services that meet the highest standards of excellence. A unique position in the Italian financial market Mediobanca is widely recognised throughout the Italian and European financial sector for its long-standing success, consistency and sustainability. In 2016, they expanded and reshaped the Group, streamlining its structure and completing the transformation from a holding company to a specialized financial group. Alongside their historic Corporate & Investment Banking (CIB) and Consumer Banking services, they created the Wealth Management division with excellent results.
Summary of sustainability strategy
The Mediobanca strategy is centred on growth that is sustainable over time. Empowerment of people, development of the social context and the reduction of direct and indirect environmental impacts are an integral part of their business objectives.
Driven by the desire to pursue responsible development of the business, they have defined an integrated strategy able to combine business growth and financial solidity with the principles of social and environmental sustainability, creating long-term value.
They intend to contribute to promoting the universal principles contained in the Global Compact, of which they are a member and to realization of the Sustainable Development Goals (SDGs) set out in the United Nations’ 2030 Agenda, supporting and encouraging new sustainable growth and development prospects at the global level.
As proof of their commitment to integrating sustainability in the group’s business and financial strategies, they have included some quantitative sustainability targets in their strategic plan.