rating esg

ESG rating (or sustainability rating) is a synthetic evaluation that certifies the soundness of an issuer, a security or a fund in terms of environmental, social and governance performance.

 As proof of the Group’s commitment and ongoing improvement in this area, the ratings of BPER Banca are provided below:

Carbon Disclosure Project (CDP)

Carbon Disclosure Project (CDP)

The Carbon Disclosure Project is an international non-profit organisation that allows companies to declare and report on their risks linked to climate change and communicate their environmental performance to stakeholders.
In 2021, BPER obtained a B rating (the rating has classifications ranging from A to D) for both the management of climate change issues and supplier engagement activities. The projects implemented this area are reported in this document in Chapter 7.

Standard Ethics Rating (SER)

Standard Ethics Rating (SER)

Standard Ethics is an independent rating agency active since 2004, promoting the standard principles
of sustainability and governance issued by the EU, the OECD and the United Nations. Its final assessments on the level of compliance of companies and nations with the sustainability principles are expressed through nine rating classifications (from EEE to F).
In 2021, BPER confirmed its "EE" rating, increasing its outlook from "Stable" to "Positive". The Bank is part of the SE Italian Banks Index and the SE Italian Index.

In addition to its growth in size in recent years, the Group has also aligned itself with the main objectives and indications in relation to ESG (Environmental, Social and Governance) provided by the UN, OECD and European Union, as witnessed by the formal references adopted in the Code of Ethics, the objectives of the Sustainability Plan and the Group Sustainability Policy, the non-financial reporting model, the ESG risk management system, the risk management model and in governance.

MSCI

MSCI

 

The ESG assessments of the MSCI (Morgan Stanley Complex Index) aim to measure a company’s resilience to ESG and financially relevant risks over the long term.


BPER Banca currently has an A rating (the rating has classifications ranging from CCB to AAA).

   
   

ISS ESG

ISS ESG

 The Institutional Shareholder Services ("ISS") group of companies supports investors and companies in building long-term sustainable growth by providing high-quality data, analysis and insights. BPER's ISS ESG Rating is C- and is well within the 30% of companies in the sector with the highest relative ESG performance (the rating has classifications ranging from D- to A+).

Vigeo Eiris

Vigeo Eiris

Vigeo Eiris is a leading European ESG rating agency working exclusively on sustainability issues, providing ESG research and analysis to investors and supporting organisations in their social responsibility journey.

In 2021, BPER Banca obtained a Robust rating (the classifications are Weak/Limited/Robust/Advanced).

Inserimento BPER Banca nel MIB ESG Index

Inclusion of BPER Banca in the MIB ESG Index

BPER Banca was included in Borsa Italiana's new MIB ESG index, part of the Euronext group launched in 2021 and dedicated to domestic blue-chips; with the aim of grouping large Italian
listed issuers with the best ESG practices together. Launched by Euronext in partnership with Vigeo Eiris (part of Moody's ESG Solutions), the index combines the measurement of economic performance with ESG assessments in line with the principles of the UN Global Compact.