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The sustainability rating assigned by the independent agency Standard Ethics is a summary assessment of the level of compliance achieved with respect to international sustainability indications set by some of the main international institutions (European Union, United Nations, OECD).

On 4 April 2024, at the end of the annual rating review process, Standard Ethics upgraded the Bank’s corporate rating from “EE” to “EE+”.

Level of compliance

Livello di conformità

Standard Ethics’ rating scale


CDP is an international non-profit organization that directs companies and governments to reduce their greenhouse gas emissions, conserve water resources and protect forests. It is considered the first provider of climate reporting data, working with institutional investors whose combined assets total approximately $110 trillion.

In 2022, more than 18,600 companies disclosed their environmental impact through CDP.

Banca Popolare di Sondrio has joined the initiative since 2020 by completing the CDP Questionnaire on climate change, demonstrating transparency and awareness, essential characteristics to mark the transition towards a prosperous and sustainable future.

In 2023 the score obtained was A- and it places the Bank at a Leadership level.

grafico a scala

The ISS group (Institutional Shareholder Services) provides ESG rating including:

«ESG Corporate Rating»: refers to a company’s demonstrated ability to adequately manage material ESG risks, mitigate negative and generate positive social and environmental impacts, and capitalize on opportunities offered by transformation towards sustainable development.Banca Popolare di Sondrio’s ISS Corporate Rating is C-.




«Quality Score»: Sustainability rating is made by tre pillars through a score from 1 (best) to 10 (worst). Banca Popolare di Sondrio’s results are the following:


Reference date: October 2023


Sustainalytics’ ESG Risk Ratings measure a company’s exposure to industry-specific material ESG risks and how well a company is managing those risks.

Banca Popolare di Sondrio’s rating is Medium.



Last update: February 2024