(Finance) – In 2022 the 70% of the total resources committed by the Cassa Depositi e Prestiti Group it was earmarked for the sustainable development goals of the UN Agenda 2030: 20 billion out of 30.6: And one of the main results represented in the third Integrated Report of CDP Group, published today.
With an impact on the Italian GDP equal to 1.7% of the total and around 470,000 employees activated, the resources committed testify to the growing positive impacts generated by CDP’s activity on the country’s productive and infrastructural fabric, with an eye always aimed at sustainable, equitable and diversity-conscious development.
The 2022 Integrated Report provides a clear summary of the path, the sustainability results and the main impacts created by the Group to generate value on the territory, also thanks to the “levers” of the group: people, stakeholders and financial resources and for the first time classifies the resources committed according to four strategic challenges and ten fields of intervention identified by the CDP strategic plan: inclusive and sustainable growth associated with social infrastructures, for which the Group has continued to exploit virtuous examples of public-private partnerships, such as collaboration with Local Authorities, Central Administrations and Banking Foundations, reaching the point of using 1.8 billion for construction projects, modernization or adaptation of over 1,600 school, health, social and student housing and cultural infrastructures. Among these, the “Innovative School 4.0” projects of the Gualdo Cattaneo school complex, in the Province of Perugia, certified by the European Commission and recognized as one of the best sustainable urban regeneration interventions and support for the new Social Housing complex – Città dei Sassi in Matera, to help fill the shortage of rent-controlled housing in the South;
climate change and ecosystem protection associated with the energy transition, land conservation and circular economy fields of intervention, areas for which in 2022 CDP has allocated 4.2 billion, mainly addressed to local administrations and businesses. Among the projects supported: energy efficiency measures for public buildings and roads, investment in co-generation plants, efficient management of the waste cycle, for electric mobility and for the reduction of the environmental footprint, including production processes towards circular economy models. In 2022, 44 Municipalities were financed for water network efficiency measures, in order to improve network performance and reduce water waste, including the signing of the “Viveracqua Hydrobond 2022” to support the modernization and efficiency of the Veneto water network;
digitization and innovation: the fields of intervention in this area are digitalisation, innovation and the capital market, topics for which the Group has committed 2.2 billion, deploying its action along three main lines of intervention.
First of all, by supporting the Public Administration in the digital transformation processes, also through the creation of the National Strategic Pole which will lead 75% of the administrations to use cloud services by 2026; secondly, by financing and investing in companies with a high technological content for development, including GPI, an Italian group active in the digital health and telemedicine sector and, finally, by strengthening the innovation ecosystem through a commitment to venture capital;
rethinking value chains associated with three different fields of intervention: strategic supply chains, transport and logistics nodes, international development cooperation, and represents the area in which the largest number of resources are concentrated, amounting to 12.6 billion. Of these, over 50% were allocated to the growth of companies, both in Italy and abroad, also through the introduction of the first loans linked to sustainability objectives – such as the one granted to the Lu.Ve Group which provides for the reduction cost of financing linked to the increase in employment levels – and with the launch of the first ESG Basket Bond, intended to finance Italian SMEs and Mid Caps.
As part of this challenge, strategic importance has been assigned to the topic of transport and logistic hubs which, among the strategic priorities, identifies those of networks, sustainable mobility and local public transport, both with direct funding and with advisory activities. In this context, in 2022, CDP worked on 40 projects aimed at upgrading and upgrading approximately 403 km of roads and sections of local public transport and supported 14 interventions for the modernization and safety of 7 ports. These include the 40 million loan to FER, a company of the Emilia-Romagna Region that manages over 300 kilometers of the entire regional railway network and the 50 million loan for the modernization and reduction of environmental impacts of the port area of La Spezia .