Intesa Sanpaolo only Italian bank at Climate Change Conference COP27
Intesa Sanpaolo is the only Italian bank to attend the COP27 climate summit in Egypt, confirming the Group's international commitment to fighting climate change.
In particular, Intesa Sanpaolo addressed how it is adapting its best practice in Egypt, through its subsidiary ALEXBANK, by transferring innovative financial initiatives in support of agriculture to foster financial inclusion in rural areas.
"We are convinced that our international experience in the fields of sustainable finance and agribusiness can accelerate the transfer of knowledge towards an environmentally sustainable agricultural sector, capitalising on local talent in Egypt, where we are present through ALEXBANK.”
“The goal is to provide innovative financial and non-financial solutions that support integrated economic development, financial inclusion and environmental sustainability to contribute to the implementation of Egypt's 'Vision 2030' and the UN Sustainable Development Goals.”
“Intesa Sanpaolo approaches agribusiness projects in terms of both sustainable business opportunities and holistic approach to sustainable development, recognising the central role of agriculture."
Marco Elio Rottigni, Chief of Intesa Sanpaolo's International Subsidiary Banks Division*
“The challenge posed to banks by the major changes taking place in the climate is that of constant adaptation of their business models to developments in the field of sustainability.”
“In particular, the IMI CIB Division of Intesa Sanpaolo is devoting considerable attention to supporting the sustainable transition of its clients through a specialised ESG platform."
Mauro Micillo, Chief of Intesa Sanpaolo's IMI Corporate & Investment Banking Division
Last updated 21 November 2022 at 11:31:33