Climate change and protecting the ecosystem

Climate change and protecting the ecosystem are the central challenges of the 21st century.

The CDP Group directs its operations towards 3 action areas: energy transition, safeguarding the area – with actions to protect the area and for more efficient and sustainable water sector management – and circular economy, with financing of multi-utilities operating in the country and municipal projects for managing integrated water services, energy distribution and generation and waste cycle management.

In particular, for the energy transition, the Group supports enterprises and the public administration with direct financing and advisory activities for energy efficiency, sustainable mobility and renewable energies. Among others, CDP promoted the first "green loan" for the public administration, in collaboration with the European Investment Bank (EIB). Furthermore, through CDP Equity, the Group has supported the development of joint ventures and platforms in collaboration with leading Italian enterprises for the production of renewable energy, including GreenIT and Renovit.

As part of its commitment to international cooperation and development finance, CDP will also manage the Italian Climate Fund, promoted by the Ministry of the Environment and Energy Security (MASE) in coordination with the MAECI and the MEF. The Fund, with a total budget of 4.2 billion, has the objective of promoting initiatives to adapt to and combat climate change in the “partner countries” identified by the OECD’s Development Assistance Committee (DAC).

Finally, our commitment to the environment is also achieved by developing sustainable workplaces, with actions to reduce our emissions and energy and raw material consumption and to encourage the use of renewable materials and energy from clean sources. To measure, monitor and manage the Group’s impacts, we have adopted the Environmental Management System (EMS), in compliance with the requirements of the UNI EN ISO 14001:2015 standard, which is audited every year by an accredited certification body which certifies the suitability, adequacy and effectiveness of the tools we have adopted.