Governance is the system through which an organisation makes and implements decisions to pursue its goals; the implemented choices and activities can make a significant contribution to sustainable development.

Governance constitutes our institutional framework and, in order to effectively adopt strategies that respect and enhance the other two factors (Environmental and Social), it must also be guided by ethical principles in line with ESG factors.

These guidelines are particularly reflected in the Code of Ethics, a document that sets out commitments and responsibilities in conducting the Bank’s business and activities, while also defining the set of values, as well as the conduct, that must be adopted by the governing bodies, employees and, in general, by all those who work with the Bank.

ESG Governance

Board level: Board of Directors, Board of Statutory Auditors, Sustainability Committee, Risk & Control Committee. Management Level: Sustainability Management Committee, Risk Committee, Mobility Manager. Operation Level: Sustainability Office, ESG contact person

 

Defines Group-wide guidelines, targets and strategies, approves the NFR and supervises the handling of ESG topics. Coordinates Sustainability-activities, as well as supporting and regularly reporting to the BoD. Oversees regulatory developments and manages the implementation of the ESG initiatives.

Key numbers
 

 

ESG initiatives 2023: Adoption of the Code of Corporate Governance promoted by Borsa Italiana, Updating the Code of Ethics and the Sustainability Policy, Adaption of the procedures related to Internal systems for reporting violations, Reorganisation of Anti-Money Laundering, Activation of Advanced Eletronic Signature on SCRIGNO Internet Banking, Organization of BPS Metabanking Week, Launch of ESG Data Lake project


Initiatives

  • Data Protection

    Protecting the confidentiality and security of information on individuals is a key factor in our activities, which is why we are committed to ensuring that the collection and further processing of personal data is carried out in compliance with applicable legislation.
     

    Lawfulness, fairness and transparency. Storage limtiation. Integrity and confideantiality. Data accuracy and updating. Purpose limitation. Data minimization


     

  • ESG control system
    • ESG audit controls to assess the level of preparedness for managing climate and environmental risks. The possible effects on internal policies and procedures, as well as on the internal control system, were also analysed.
    • Verification of the Bank’s implementation of ESG regulatory framework with the aim of assessing the adequacy of the organisational procedures and systems for the prevention of non-compliance risks in the field of sustainability. The checks also concerned the NFS.

     

    Controlli in ambito sostenibilità

     

  • Cyber ​​security

    We constantly monitor the issue of IT security with the aim of safeguarding the integrity, availability and confidentiality of data and systems. We have a specific "Regulation for the use of the workstation and IT services" with the aim of making all our employees aware of the need to guarantee the security of the information and IT resources used to process them.

     

    Sicurezza informatica
  • Artificial intelligence (AI)

    We use IT technologies based on Artificial Intelligence, governed by a specific company Regulation, with the aim of formalizing the general principles and internal procedures and ensuring that AI management system is aligned with current internal regulations.

     

    Intelligenza artificiale
  • Innovation

    We firmly believe that innovation, if spread at every organizational level, is the engine capable of generating value for the whole Group.

    Measures to costantly improve accessibility: assigned accessibility goals and responsabilities, included accessibility in web development, introduced accessibility tools