Intesa Sanpaolo joins the WEF’s Stakeholder Capitalism Metrics initiative
Intesa Sanpaolo joins the coalition of companies supporting the Stakeholder Capitalism Metrics initiative, promoted by the World Economic Forum (WEF). It is the only Italian bank in the coalition.
Intesa Sanpaolo supports the establishment of a consistent, comparable global Environmental, Social, and Governance (ESG) framework that can be compared across companies, as promoted by the WEF’s Stakeholder Capitalism Metrics initiative.
The Stakeholder Capitalism Metrics - curated by the World Economic Forum together with Bank of America, Deloitte, EY, KPMG and PwC – are a set of universal ESG metrics and disclosures, drawn from existing standards. These Metrics help companies demonstrate long-term value creation and their contributions to the UN Sustainable Development Goals, while creating comparability across reporting.
Companies in the coalition are committed to:
- Reflecting the core metrics in their reporting to investors and other stakeholders, for instance in annual reports and sustainability reports
- Publicly supporting this work and encouraging their business partners to do so
- Promoting further convergence of existing ESG standards, frameworks and principles to support progress towards a globally accepted solution for non-financial reporting on common ESG metrics
Intesa Sanpaolo is aware of its impact on the social and environmental context in which it operates and pays significant attention to sustainability in all its aspects.
Last updated 21 September 2021 at 14:03:57