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Human rights

In addition to complying with the legislative frameworks of all the countries where it operates, Intesa Sanpaolo is committed to identifying, mitigating and, where possible, preventing potential human rights abuses linked to its activities, as required under the latest UN guiding principles (Guiding Principles on Business and Human Rights). In this context, Intesa Sanpaolo is committed to continuously improving its human rights management activities.

The Group has adopted a specific Group policy on human rights (approved in December 2017 by the Board of Directors), taking up and developing the principles already present in the Code of Ethics.

In the above-mentioned document – Principles on Human Rights – Intesa Sanpaolo declares that: 

  • it is committed to help safeguard human rights in accordance with the principles of the Universal Declaration of 1948 and in subsequent international conventions on civil and political rights and on economic, social and cultural rights
  • it recognises the principles set out in the ILO (International Labour Organisation) fundamental conventions, particularly the right of association and collective bargaining, the ban on forced and child labour and the elimination of discrimination at work
  • it contributes to the fight against corruption, supporting the OECD (Organisation for Economic Cooperation and Development) guidelines and the anti-corruption principles issued by the United Nations in 2003, including through a “zero tolerance” approach to any cases of corruption.

The policy framework defines areas of responsibility towards each stakeholder, from employees, customers, suppliers to the community.  

Monitoring of respect for human rights in the Intesa Sanpaolo Group

The implementation and progressive extension of human rights protection is monitored through:

  • the verification of the implementation and governance of the Group’s Code of Ethics, which may include a third-party assessment based on the international guideline ISO 26000, with specific reference to areas related to human rights;
  • the sustainability reporting, prepared annually, which involves stakeholders and includes objectives and related measurement metrics, and is subject to a limited review by an independent external auditor;
  • the analysis of key human rights areas of interest, which identifies, based on applicable principles of international conventions and according to criteria of proportionality and relevance, the relevant corporate regulations and the potential impacts of business activities on stakeholders;
  • the management of reports of alleged non-compliance, through the Group’s website or dedicated mailboxes (including: Whistleblowing, Code of Ethics, Sexual Harassment, Complaints and Dispute Resolution).

Taking into account the outcomes of these monitoring activities, Intesa Sanpaolo undertakes to:

  • assess the need for any updates to the policy;
  • define action plans to prevent and mitigate potential negative impacts on its stakeholders;
  • issue, if necessary, additional documents concerning specific rights and activities.

 

Modern Slavery Statement

Intesa Sanpaolo has published the Modern Slavery Statement which describes the measures used to combat the risk of slavery in its activities and in its supply chain. This Statement describes the efforts to combat modern slavery during the reporting period 1 January 2024 to 31 December 2024 (Financial Year 2024) and is made in accordance with the requirements of section 54 of the UK's Modern Slavery Act 2015 and section 13 of the Australian Modern Slavery Act 2018. 
The Statement, published annually, applies to the following companies within the Group that are required to produce a Statement under the UK Modern Slavery Act and the Australian Modern Slavery Act:

  • Intesa Sanpaolo Wealth Management S.A. 
  • Intesa Sanpaolo Protezione S.p.A.1

Read the document

1 Until 30 November 2024 it was called “Intesa Sanpaolo Assicura S.p.A.”

Modern Slavery Statement - Archive
2024
2023
2022
2021

Our commitment on SDGs

The link between human rights and the United Nations Sustainable Development Goals is strong. The objectives and results of the Intesa Sanpaolo Group

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