Intesa Sanpaolo supports the sustainable growth of Sacco System with €25 million

Intesa Sanpaolo has provided €25 million in financing to the Sacco System Group, a leading biotech firm, to support its investments in:

• setting up two new production units with related facilities in Cadorago and Zelo Buon Persico
• improving company welfare parameters
• improving sustainability parameters in the choice of suppliers

The Sacco System Group is an internationally recognised biotech cluster applied to the food, nutraceutical and pharmaceutical industries and based in Como, Italy.

The financing solution, S-Loan Climate Change, is dedicated to companies interested in protecting themselves against the risks of climate change and seizing the main opportunities arising from the adoption of more sustainable business models.

The loan was granted by Intesa Sanpaolo through its Agribusiness Department. S-Loans are solutions characterised by a reward mechanism linked to the achievement of specific objectives (KPIs) in the ESG (environmental, social and governance) area.

Photo credits: courtesy of Sacco System