In 2026, we published our Sustainability Report for 2025, prepared in accordance with the European Sustainability Reporting Standards (ESRS), in compliance with the Corporate Sustainability Reporting Directive (CSRD) and Legislative Decree No. 125/2024. The decree established that the scope of CDP’s consolidated sustainability reporting comprises the subsidiaries over which CDP exercises direct or indirect management and coordination activities (the CSRD reporting perimeter).
The sustainability reporting is included in the Management Report and was subject to limited assurance by Deloitte & Touche S.p.A.
In compliance with EU Regulation 2020/852 and its subsequent delegated acts, we disclosed information on how and to what extent the Group’s activities are aligned with EU Taxonomy criteria and contribute to the environmental objectives defined by the European Union. For 2025, the Green Asset Ratio (GAR) for the CDP Group’s accounting consolidation perimeter, covering both financial and non-financial companies (the “Mixed Group”), stood at 17.3% based on turnover and 44.6% based on CapEx, with total Group revenues of €35 billion.
Consistent with our sustainability reporting (CSRD perimeter), and to facilitate greater comparability with other financial institutions, we also voluntarily disclosed the GAR relating to the perimeter of companies subject to CDP’s management and coordination activities, which amounted to 12.80% for CapEx and 5.77% for turnover.
A clear and practical account of how sustainability guides the CDP Group’s strategy and translates into measurable results for the country and local communities.
From the role of sustainable finance to people development and the climate and digital transitions, the report provides a comprehensive overview of our ESG commitment, enriched by examples of high-impact projects and initiatives.
Find out more
We play a key role as a long-term investor for Italy, generating significant social, environmental and economic impacts.
The Group’s impact assessment is articulated along two dimensions: the impact of financial resources committed on key macroeconomic indicators; the impact generated through the main areas of intervention that characterise CDP’s strategy.
Data as of 31-12-2025