S-Loan financing for sustainability investments by Beauty & Business

Intesa Sanpaolo is supporting with €10 million S-Loan financing the sustainable development plan of Beauty & Business Spa that involves:

• increasing the share of energy from renewable sources and offsetting the CO₂ emissions of energy from fossil sources
• introducing programmes to promote a culture of sustainability among customers and/or suppliers.

The support for Beauty & Business Spa, an Alfaparf Group company that manufactures and markets hair and skin care products and beauty equipment, is part of the €1 billion loan facility signed by Cassa Depositi e Prestiti with Intesa Sanpaolo to support Italian small and medium-sized enterprises.

S-Loans are instruments designed to support SMEs committed to improving their sustainability profile, characterised by a reward mechanism that allows them to obtain a discount on the cost of the loan upon achieving specific shared KPIs in the ESG (environmental, social and governance) area.