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Eni: sustainability protocol launched with ABI

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Intensify dialogue and collaboration between the banking sector and Eni to facilitate the transition of the economy towards more environmentally sustainable models. This is the objective of the memorandum of understanding signed by the president of the Italian Banking Association (Abi), Antonio Patuelli, and by the president of Eni, Lucia Calvosa, and which will create a joint working table.

The initiative launched by ABI and Eni, reads the press release, aims to identify issues of common interest, address issues related to sustainable development and deepen the application of the EU sustainability criteria to financial products, the definition of ‘green’ investments for foster sustainability, the promotion of widespread sensitivity to these issues and the possibility of collaboration with the academic world.

Several areas of action defined by the protocol. In particular, ABI and Eni agree to analyze the reference regulatory framework and share the changes to be promoted at national and European level to facilitate the transitions towards a sustainable and lasting economy; evaluate the types of sustainable investments in the light of the European taxonomy of sustainable economic activities and its updates / extensions and the lines of action of the European Investment Bank and other similar bodies; study and promote ‘green’ financial instruments, potentially at the service of industrial supply chains engaged in the transition processes towards sustainable and accountable models by banks in a manner consistent with the indicators required by European regulation and supervision; but also to foster an ever greater awareness of the importance of sustainability issues, promoting the implementation of studies, research, conventions, conferences, seminars and training courses; and to identify forms of collaboration also with universities to set up specific specialist degree courses on the issues of sustainability and sustainable finance. The parties plan to meet annually to check the progress of the planned initiatives.

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