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.
Last updated 12 July 2022 at 19:32:12