To conclude Cassa Depositi e Prestiti's 170th anniversary celebrations, the tricolour CDP logo was displayed on the Nasdaq Tower in Times Square to celebrate joining the network.
Rome, 18 November 2020 - Cassa Depositi e Prestiti is the first Italian financial institution to join the Nasdaq Sustainable Bond Network, the platform managed by Nasdaq dedicated to sustainable finance, which brings together investors, issuers, investment banks and expert organisations.
To celebrate joining the network – marking the conclusion of Cassa Depositi e Prestiti's 170th anniversary celebrations – the tricolour logo of the Company led by Fabrizio Palermo as CEO and Giovanni Gorno Tempini as Chairman, was showcased on the Nasdaq Tower in Times Square in New York City.
By joining the network, Cassa Depositi e Prestiti will be able to further expand its reach to potential investors worldwide, focusing particularly on Socially Responsible Investors.
CDP has aligned its strategic approach to the principles of Sustainable Development to contribute to achieving the 17 Goals of the United Nations 2030 Agenda through its daily actions.
The Platform provides standardised financial information and data concerning the impacts on the Sustainable Development Goals of the issuing companies.
The initiative confirms CDP's role as Italy's leader in sustainable finance.
CDP first entered the sustainable bond market in 2017 when it issued social sustainable bonds dedicated to having a real impact on the country.
Between 2017 and 2020, CDP issued 6 sustainable bonds worth over 4 billion euro, making it one of the main social issuers in Europe.
These bonds have allowed CDP to reach an increasingly wide range of investors whilst simultaneously appealing to the so-called Socially Responsible Investors, who are particularly focused on investments that not only generate financial returns but also social and environmental added value.
The Chief Executive Officer of CDP Fabrizio Palermo stated: "The Nasdaq Tower was covered with the Italian tricolour. At the conclusion of the 170th anniversary celebrations, the CDP logo was showcased in Times Square to welcome it to the Nasdaq Sustainable Bond Network. CDP will be the first Italian issuer to join the international network, confirming the prominent role the institution has assumed over the last three years, including in international markets. It also attests to the validity of the strategy adopted in the 2019-2021 Business Plan, which is based on sustainability principles that translate into a positive impact for businesses and the country".
CDP’s sustainable bonds
Between 2017 and 2020, CDP issued 6 ESG bonds worth over 4 billion euro, making it one of the main social issuers in Europe: