We work on a local level alongside small and medium-sized enterprises and individuals in Italy. We always integrate sustainability and corporate strategy to create value in the medium to long term for our stakeholders.
of non-compliance with regard to transparency in 2019
percentage of women employees
amount set aside for socially useful products and services in 2019
We support and respect the environment through specific initiatives. We are constantly engaged in five areas: the lowering of emissions, electric mobility, separate waste collection, dematerialisation and reduced use of plastics.
The Banca Ifis Sustainability strategy inspired by the UN Sustainable Development Goals (SDGs).
Since it was first established, the Banca Ifis Group has been highly committed to achieving goals contributing to developing the Bank, its stakeholders and the Country. It is convinced that Sustainability is not just activities to be implemented and reported, but an alternative way of doing business, paying attention to economic development and its influence on the environment, stakeholders and communities.
Approval by the UN in 2015 of Agenda 2030 and the relative 17 Sustainable Development Goals enabled identification of how the company strategy already adopts some of the commitments formalised by the UN. So the Bank strengthened its commitment in the direction indicated by Agenda 2030 and set the goals of its 2020/2022 Business Plan, also based on the contribution they can bring to achieving 5 specific SDGs. These general goals are flanked by specific projects, programs, products to sustain some SDGs right now:
Support for the growth of small and medium-sized enterprises through access to financial services (SDG 8.3); in both ordinary operations and through special projects like #CoraggioImprese that offers companies suitable financial instruments to increase or convert, in full or partially, production on goods that are a useful way to overcome the Covid-19 health emergency.
Contribute to reducing the problem of a lack of drinking water and use of renewable energies (SDGs 6.4, 7.2) with the #ifisgreen program projects.
With the pages dedicated to Sustainability on the new website and with the Non Financial Statement, the Bank provides proof of the sustainable practices adopted and integrates information on sustainability in its periodical reports (SDG 12.6).
The Materiality Analysis developed in the NFS highlighted how a number of subjects included in the list of 17 SGDs are “core” ones for the Bank.
In particular, subjects indicated in the Materiality Analyses as worthy of maximum relevance for both the Bank and its stakeholders, and the purpose of specific initiatives, include:
Subject highlighted in the Materiality Analyses of Banca Ifis |
SDG Reference |
---|---|
Fight against corruption |
SDG 16.5: Peace, justice and strong istitution |
Digital innovation |
SDG 17: Partnership for the goals |
Support for entrepreneurs and financial inclusion |
SDG 10.2: Reduced inequalities |
In its 202-2022* Business Plan, Banca Ifis has identified a number of activities for more effective achievement of the UN SDGs identified as core in its strategy. In particular, in the Plan period Banca Ifis will be committed to:
*In the light of the exceptional situation resulting from the Covid-19 global pandemic, and given the uncertainty of how the emergency will evolve and its impact in the next few months, the Banca Ifis Board of Directors has considered suspending the economic and financial targets included in the 2020-2022 Business Plan, which will be reviewed and updated as soon as the macroeconomic environment stabilises.