Suppliers

In order to ensure that relations with suppliers and purchasing policies can create the conditions to promote economic development that is attentive to environmental protection and respect for human rights, Intesa Sanpaolo has centralised sourcing, regulatory guidance, qualification and monitoring of suppliers at the Parent Company.

In line with the Group's principles, an ESG assessment system has been introduced that detects that suppliers operate in compliance with workers' rights and safety conditions, as well as in compliance with the Group's policies. These include the Code of Ethics, the Group's Internal Code of Conduct, the Anti-Corruption Guidelines, the Principles on Diversity, Equity and Inclusion, the Organisation, Management and Control Model pursuant to Legislative Decree 231/2001 and the General Conditions of Supply, the acknowledgment of which is an essential requirement for suppliers registered in the appropriate Group Supplier Portal. 

The Intesa Sanpaolo Group follows two guidelines to implement its management model:

• The first focuses mainly on the actual relationship with suppliers through a strong focus on transparency and the values of fairness, impartiality and equity. The principles that inspire these conducts are expressed in the Code of Ethics of the Intesa Sanpaolo Group, which suppliers consult when registering on the Portal and which, subsequently, in the event of signing the reference contract, they undertake to respect. When registering on the Supplier Portal, suppliers must read the Code of Ethics and the Organisation, Management and Control Model pursuant to Legislative Decree 231/2001 and the Group's Internal Code of Conduct
• The second is aimed at promoting social and environmental responsibility practices on the suppliers themselves, also through the Supplier Portal, with the questionnaire dedicated to ESG issues. The merit and qualification checks on suppliers registered on the Portal have made it possible to lay the foundations for an approach increasingly oriented towards mitigating the risk deriving from supply chain management.

The principles of transparency and fairness contained in the Code of Ethics of the Intesa Sanpaolo Group and set out in the Group Procurement Guidelines were the inspiring principles of the reform of the Procurement management process. With the entry into operation of the suite of modules of the Supplier Portal: Contract Management module (single archive of contracts), Vendor Management module (registration with Supplier Gate and qualification of the supplier and third parties) and Sourcing module (management of acquisition events), we have moved on to an integrated management of the purchasing process, with a view to increasingly negotiating ethics and competitive comparison of the technical and economic characteristics of the offers submitted by suppliers and subcontractors.