ELTI Management Board Meeting Convenes in Rome

ELTI Management Board Meeting Convenes in Rome

Focus on Green Investment and Skills Exchange

The establishment of a common framework for investments supporting sustainable transitions and the inauguration of a new program to facilitate the exchange of ESG expertise among various institutions were the primary themes discussed during the recent meeting of the ELTI (European Association of Long-Term Investors) Management Board, held for the first time in Rome.

Chaired by Dario Scannapieco, CEO of Cassa Depositi e Prestiti, ELTI unites 31 National Promotion and International Financial Institutions across Europe. With combined assets exceeding 2.7 trillion euros, its member institutions champion long-term investments aligned with the objectives and initiatives outlined by the European Union and the United Nations (UN) Sustainable Development Goals (SDGs), aiming to foster sustainable and inclusive growth, job creation, and knowledge exchange.

Knowledge-sharing took center stage at the meeting, marked by the launch of the "If I were you" initiative. Through a digital platform, this initiative will facilitate collaborative sessions among colleagues holding similar roles within the 31 institutions, addressing topics related to ESG criteria, digitalization, and ecological transition. The goal is to leverage the expertise of diverse organizations and cultivate a more unified approach to sustainability issues at the European level.

Furthermore, the management board meeting facilitated the second gathering of the chief economists and strategy managers from the Association's member institutions, known as the Chief Economists Working Group. Discussions encompassed the sharing of methodologies for monitoring and impact analysis, alongside the commencement of efforts to assess and quantify the overall financial contribution made by ELTI's network of institutions towards Europe's green transition investment objectives.

The forthcoming ELTI association meeting, scheduled for June in Brussels, will also unveil new data concerning the sustainable investments undertaken by its member institutions.