Sustainability Committee

Through the presence of the Sustainability Committee, Banca Ifis confirms its commitment to promoting sustainable development as a key value creation and development driver, which looks at the impacts on people, the environment and communities.

The Sustainability Committee supports the important work the Bank has carried out to integrate ESG criteria into its mission and business model.

The Committee assists the Board of Directors in strategic planning activities, with the aim of defining the most relevant projects and creating a corporate culture of teamwork to achieve this great common goal.

Duties and functions

The Committee’s main tasks are:

Supports the Board of Directors in defining and assessing guidelines in the field of sustainability, ensuring the oversight of initiatives and actions with an environmental, social or governance impact, as well as the assessment, management and mitigation of sustainability-related risks to which the Group is exposed;
Reviews and approves the results of the double materiality analysis and the key findings relating to ESG impacts, risks and opportunities.
Considers regulatory developments in order to define ESG strategies and objectives, with the aim of mitigating negative risks and impacts and enhancing positive opportunities and impacts.
Monitors compliance with DE&I principles, with the support of the Human Resources Department, integrating them into the Group’s policies and processes, and implement the strategic plan to reduce the gender pay gap and gender-related disparities, including by participating in remuneration and incentive policies.
Defines the non-profit strategy in line with the established ESG strategy and in full compliance with the principles and rules of conduct set out in the Code of Ethics.

Sustainability Committee Members
Sustainability Committee	Members**
Chairman	Ernesto Fürstenberg Fassio
Deputy Chairman	Rosalba Bendetto
Chief Executive Officer	Frederik Geertman
Indipendent Director and Lead Independent Director	Simona Arduini
Group Legal and Corporate Affairs Director*	Lucia Martinoli
Co-General Manager and Chief Commercial Officer*	Raffaele Zingone
Human Resources Director*	Mauro Baracchi

*Directly reporting to the Chief Executive Officer

**The Chairman has the authority to invite the Co-General Manager and Chief Operating Officer, the Bank’s corporate officers and managers listed below (each for their respective areas and projects), and third-party consultants with expertise in ESG issues to meetings.