Banco BPM supports the sustainable growth of Metallurgica San Marco

Banco BPM supports the sustainable growth of Metallurgica San Marco

(Tiper Stock Exchange) – BPM desk supports sustainable investments by Metallurgical San Marco with a loan of 6.5 million euros over 6 years. The operation has as its objective the ecological transition and the company sustainabilityleader in the brass processing and customization sector, with particular attention to improvement of specific indicators of performance (ESG KPIs).

Born in 1972, Metallurgica San Marco ranks among the main European players in the production of drawn and extruded brass and bases its authority on structural solidity e state-of-the-art technology standards. The volume of investments is constantly growing. Sustainability is a pillar for the company and around eighty percent of the raw material used is made up of scrap from customers, collection and recovery. After getting the Global Recycle Standard Certificationthe most important international standard for sustainable production made with recycled materials, the company has also launched the “MSM Get to Zero” project to help achieve carbon neutrality.

Banco BPM is today the third largest Italian credit group by assets with a presence rooted in the regions of Northern Italy, among those with the highest industrial concentration in Europe. The Group operates in the tradition of local banks, generating profitability for its shareholders and creating value for all stakeholders, so as to play a leading role in the country’s sustainable and inclusive development.

“This loan represents a significant step towards a sustainable development for Metallurgica San Marco, which is proposed as a virtuous example in the metallurgical sector”, stated the CEO of Metallurgica San Marco Marco Gambariniadding “sustainability is both the means and the final goal of production. Social responsibility, in fact, is a distinctive element of our company’s presence on the markets, handed down from generation to generation by its management”.

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