At Mediobanca, we have undertaken a process to transform our business model, basing medium-/long-term growth on the principles of responsible investment.
We are well aware that in the long-term, the variables that impact on valuations of companies and institutions cannot be confined to financial aspects, but must also include the environmental, social and governance sphere, in order to create value for the investor and for society as a whole.
Our commitment in pursuing sustainable objectives can be demonstrated by the initiatives undertaken by various Group companies, such as the Green and Sustainable Bond Framework, the disbursement of green mortgages, and the wide range of financial products and services that promote environmental, social or governance characteristics.
MEDIOBANCA: GREEN AND SUSTAINABLE BOND FRAMEWORK
The Mediobanca Group has defined and implemented a Green and Sustainable Bond Framework.
This has enabled the Group to complete its first green bond issue for institutional investors in a nominal amount of €500m (September 2020).
CHEBANCA!: GREEN MORTGAGES
As confirmation of its commitment to the environment, CheBanca! has launched green mortgages for people looking to buy or refurbish properties in energy class A or B, with a lower spread than mortgages for other properties.
We offer our clients an extensive catalogue of financial products and services that have sustainable objectives, and that promote, among other things, environmental and social characteristics in compliance with good governance practices, as defined in Regulation (EU) 2019/2088 (the "Sustainable Finance Disclosure Regulation").
Scroll down to read more about some ESG products offered by the Group companies.
In addition to applying strict criteria to ensure that ESG factors are integrated into all funds managed, Mediobanca SGR has established and now offers funds that promote environmental and social characteristics.
These funds aim to increase the value of the invested capital over time, by considering sustainable finance criteria i.e. environmental, social and governance (ESG) factors, as well as the traditional financial ones.
As confirmation of their interest in financial products that meet environmental, social and economic sustainability criteria, Mediobanca Private Banking and CheBanca! have included a vast catalogue of investment funds in their product offering which meet ESG criteria in terms of portfolio selection and management.
Mediobanca Private Banking and CheBanca! are aware of their customers’ increasing sensitivity to ESG issues and the value of instruments that respect these principles, and for this reason monitor their catalogue of investment funds very carefully, offering their the clients a tailored selection of instruments focused on these issues with high ESG ratings.
Environmental, social and governance factors are thoroughly integrated into the investment funds offered by RAM Active Investments, through systematic inclusion of ESG risks in the investment selection process. This approach gives the investment process a sustainable perspective regarding the selection of investments, making it more socially responsible, and can also help reduce long-term investment risk and improve returns.