Consolidated Non-financial Statement

The 2023 CNFS is drawn up in accordance with art. 4 of Legislative Decree 254/2016, the GRI Standards defined by the GRI (Global Reporting Initiative), published in 2021 and the "Financial Services Sector Supplements".

Furthermore, the recommendations of the TCFD (Task Force on Climate-related Financial Disclosures) were taken into consideration, to which Intesa Sanpaolo adhered in October 2018 for the voluntary dissemination of transparent reporting on risks and opportunities related to climate change. To this end, in addition to this Statement Intesa Sanpaolo also publishes a Climate Report (previously named TCFD Report).

The document includes the indicators envisaged by the SASB (Sustainable Accounting Standards Board) and the indicators defined by the World Economic Forum (WEF), where applicable and relevant for the Group, in consideration of the commitment that Intesa Sanpaolo made in September 2021 to adopt and implement the Stakeholder Capitalism Metrics developed by the World Economic Forum (WEF). 

The Statement also contains useful information for disclosure purposes in accordance with Article 8 of the Delegated Act of the EU Taxonomy Regulation (EU Reg. 852/2020) and the Delegated Regulation 2021/2178 which requires credit institutions to publish information relating to activities aligned with the taxonomy and, among others, the off-balance and gas and nuclear indicators.

For the fifth year, the progress achieved by the Bank with respect to the Principles for Responsible Banking (PRB), to which Intesa Sanpaolo has adhered, are discloused. In particular this year a dedicated document has been published.

The document opens with the letter to the stakeholders from the CEO and the President followed by an Executive Summary which highlights the main performance indicators, the actions taken to support for the Ukrainian population and Pravex Bank’s people, its positioning in international sustainability indices and rankings and the awards received. 

It continues with a section dedicated to the identity and profile of the Group, which includes voluntary participation in national and international initiatives, partnerships and strategies for the United Nations Sustainable Development Goals.
A fourth section describes the Governance and the approach to risk management, followed by another section that deepens the relevant issues for both the stakeholders and the Bank represented in the materiality matrix. For each relevant theme are described the projects, indicators, actions, results obtained and the objectives set out in the 2018-2021 Business Plan that has just ended. In a dedicated section, on the other hand, the objectives of the new 2022-2025 Business Plan are indicated.

The document ends with sections dedicated to reporting in accordance with the EU Taxonomy, to the GRI content index useful for immediate access to the information relating to single indicators, to the impact perimeters of the material topics related to the GRI indicators, to the indexes of the SASB indicators and the Stakeholder Capitalism - WEF metrics, and to the auditor's report.

All corporate structures contribute to the drafting of the contents of the 2023 Consolidated Non-financial Statement and to dialogue activities with stakeholders through the Sustainability Managers, identified for each Division / Governance Area, as well as operational contacts identified in the various Group structures.