Global Compact Support

Intesa Sanpaolo has been active in the Global Compact since 2007, when the new Group ratified the commitments previously made respectively by Banca Intesa and Sanpaolo IMI. By implementing the 10 universal principles in the areas of human rights, labour, environment and the fight against corruption, the Bank feels it is an integral part of the initiative promoted by the United Nations and that it is an active player, responsible for the dissemination of the culture that is promoted by the principles on which the initiative is based. Intesa Sanpaolo supports the Italian Global Compact Network and actively shares the initiatives it promotes.

BoxReporting our progress within the Global Compact

Intesa Sanpaolo’s COP (Communication on Progress, the yearly report on progress made) obtained “Notable” status already in 2008 (for 2007 activities). In early 2010, thanks to the quality...>>

Intesa Sanpaolo is also committed to achieving broader goals within the United Nations. Among the other partnerships and initiatives which the Group supports is Project Malawi, set up in 2005 along with Cariplo Foundation and in collaboration with four Italian and international NGOs and the local Government with the goal of improving living and health conditions for the population of Malawi. The main areas of intervention, focusing on Millennium Goals 1, 4, 5 and 6, are: combating the spread of AIDS and prevention of HIV transmission from mother to child, assistance to vulnerable children and AIDS orphans, support to local development through microfinance initiatives and launching activities to generate income, promoting prevention and combating malnutrition through education on proper nutrition and food storage.
Intesa Sanpaolo is a partner of the Global Business Coalition on HIV/AIDS, Tuberculosis and Malaria (GBC).

Some of the Group's International Subsidiary Banks (Intesa Sanpaolo Bank Albania, CIB Bank, Global CompactBanca Intesa Beograd, Privredna Banka Zagreb and VUB Banka) support the partnership with the Global Compact by participating in events sponsored by various local networks and progressively integrating its principles into their business strategies. The Communication on Progress of the different Banks are available on their respective websites.

  The 10 Global Compact principles Intesa Sanpaolo’s initiative

Human

HUMAN RIGHTS 1. Businesses should support and respect the protection of internationally proclaimed human rights
  • Code of Ethics (see Sustainability section on the Group’s website www.group.intesasanpaolo.com Web site)
  • The arms sector pages 89-91
  • Project Malawi page 167
  • Partnership with the Global Business Coalition page 45
  • Project finance and adhesion to the Equator Principles pages 150-151
  • Promote social and environmental sustainability pages 129-130

Economic performance: EC5
Labour practices: LA4, LA6-9, LA13-14
Human Rights: HR1-9
Society: SO5
Product Responsibility: PR1, PR8

2. Businesses should make sure they are not complicit in human rights abuses
  • Corruption risk monitoring (Organisation, Management and Control Model in compliance with Legislative Decree 231/01) page 35
  • Promote social and environmental sustainability pages 129-130

Human Rights: HR1-9
Society: SO5

LABOUR PROTECTION 3. Businesses should uphold the freedom of association and the effective recognition of the right to collective bargaining

Labour practices: LA4-5
Human Rights: HR1-3, HR5
Society: SO5

4. Businesses should uphold the elimination of all forms of forced and compulsory labou
  • Code of Ethics (see Sustainability section on the Group’s website www.group.intesasanpaolo.com Web site)
  • Industrial relations (Trade Union freedom) pages 108-110

Human Rights: HR1-3, HR7
Society: SO5

5. Businesses should uphold the effective abolition of child labour
  • Code of Ethics (see Sustainability section on the Group’s website www.group.intesasanpaolo.com Web site)
  • Industrial relations (Trade Union freedom) pages 108-110

Human Rights: HR1-3, HR6
Society: SO5

6. Businesses should uphold the elimination of discrimination in respect of employment and occupation
  • The value of differences pages 100-103
  • Gemma Project page 100

Economic performance: EC7
Labour practices: LA2, LA13-14
Human Rights: HR1-4
Society:SO5

ENVIRONMENT 7. Businesses should support a precautionary approach to environmental challenges
  • The Environmental Management System page 136
  • Project finance and adhesion to the Equator Principles pages 150-151
  • Development of renewable energy and the emission market page 152

Economic performance: EC2
Environmental performance: EN18, EN26, EN30
Society:SO5

8. Businesses should undertake initiatives to promote greater environmental responsibility
  • Promotion of environmental culture pages 153-155
  • Collaboration pages 134-135
  • Reduction of atmospheric emissions pages 140-144

Environmental performance:
EN1-8, EN12, EN14, EN16, EN18-20, EN22, EN24, EN26, EN28-30
Society: SO5
Product Responsibility: PR3

9. Businesses should encourage the development and diffusion of environmentally friendly technologies
  • Products for energy efficiency and renewable energy pages 148-149
  • Support for agriculture pages 149-150

Environmental performance: EN2, EN5-7, EN10, EN26, EN30
Society:SO5

ANTI-CORRUPTION 10. Businesses should work against corruption in all its form
  • Code of Ethics (see Sustainability section on the Group’s website www.group.intesasanpaolo.com Web site)
  • Corruption risk monitoring page 35
  • The internal control system on the implementation of the Code of Ethics page 38
Society:SO2-6

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