Support to ESG transition

Supporting clients in the ESG/Climate transition

• Support for the green transition: €88 billion in new financing for the green, circular and ecological transition (€76 billion for the application sectors of Mission 2 of the NRRP (2021-2026), €12 billion in green credit to private individuals, of which €8 billion dedicated to the Circular Economy
• Further boost to sustainable financing for Retail customers with a focus on the green transition 
• Strengthening of sustainable financing for SMEs/Corporate companies 
• Laboratories dedicated to the circular economy and strategic partnership with the Ellen Macarthur Foundation 
• More than 12 ESG Laboratories, at least one in each Territorial Directorate 
• Skills4ESG platform for training and customer engagement

• ~68.3 billion euro in new loans granted to support the green, circular economy and ecological transition, period 2021-2024, including Mission 2 NRRP (from 2024, the figure includes the cumulative amount of transition finance relating to the Group's foreign activities) 
• ~ 9 billion green loans granted in 2022-2024 (~ 4.1 billion euro in 2024) 
• Circular economy plafond: in 2024, 285 green and circular projects validated for a total of 13.1 billion euro; of which 8.3 billion euro granted by the Group in 170 transactions; in the period 2022-2024, >1,050 projects assessed and validated for a total of ~34 billion euro, of which >20 billion granted in 642 operations and ~12.6 billion euro disbursed 
• as of December 2024, green bonds for a total value of 8.6 billion euro representing ~18.57% of institutional bond issues. 
• 16 ESG Lab (Brescia, Padua, Venice, Bergamo, Cuneo, Bari, Taranto, Rome, Naples, Palermo, Milan, Turin, Florence, Macerata, Chieti and Genoa)

• Increase in managed savings (AuM) in sustainability-focused investments (Eurizon Perimeter – Funds pursuant to Articles 8 and 9 SFDR) from €110 billion in 2021 to €156 billion in 2025 with the percentage of total AuM increasing from 46% in 2021 to 60% in 2025 
• Expansion of the ESG asset management offering 
• Development of dedicated ESG consulting services for Fideuram

• €156.6 billion AuM in Eurizon (funds pursuant to Articles 8 and 9 SFDR with a penetration of 75.6% of total assets under management in funds in 2024 
• New ESG offering from both Eurizon and Fideuram 
• ESG Ambassadors appointed in the Private Banking Division - 34 Private Bankers selected for the pilot phase, completed in 2024 
• 837 engagement activities conducted in 2024 by Eurizon (37% on ESG issues) 
• 114 and 51 engagements conducted respectively by Fideuram - ISPB Asset Management SGR and Fideuram Asset Management (Ireland) (77% and 96% related to ESG issues)