Group Sustainability Policy

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Growth and sustainability are distinctive features of the Mediobanca Group’s DNA. Our strategy is based on the conviction that ethics and profit are not necessarily opposed to each other, for long-term economic growth must go hand-in-hand with social and environmental progress.

The Group is convinced that fair, transparent and responsible conduct increases and protects our reputation, credibility and consensus over time, all of which are prerequisites in order to deliver sustainable growth for the business with a view to creating and protecting value for all our stakeholders.

In line with this commitment, the Group has adopted a strategy focused on sustainable growth over time, valorizing our staff, sensitivity to the societies in which we operate, and reducing our direct and indirect impact on the environment. To pursue these objectives, the Group has adopted an approach based on identifying, assessing, preventing and reducing direct impact in reputational and operational terms, and also the indirect impact as a result of lending and/or investing in activities considered to be serious risks for the environment and society.

In order to regulate our indirect impact, the Mediobanca Group has adopted a Group Policy on Responsible Lending and Investing.

The new version of the Group Sustainability Policy was approved by the Board of Directors at a meeting held on 26 March 2020, and applies to the whole Mediobanca Group in accordance with the Code of Ethics, Code of Conduct, Organizational Model instituted pursuant to Italian Legislative Decree 231/01 where applicable, and all other policies, guidelines, procedures, directives and provisions related to the areas covered by this policy defined at Group level and locally.

The Group Sustainability Policy is based on the Ten Principles of the UN Global Compact, of which the Mediobanca Group is a signatory.

The Group Sustainability Policy is divided into four sections based on areas considered to be priorities for us:

  • Measures to tackle bribery and corruption;
  • Human rights;
  • Diversity and inclusion;
  • Climate change and the environment.

 

Priority areas

Last update: 27/03/2020