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Italy’s SACE unveils its new ESG Strategy at COP28 in Dubai


SACE, Italy’s export credit agency, has unveiled its new ESG Strategy at COP28 in Dubai. The strategy is designed to align company’s business model with the United Nations Sustainable Development Goals (SDGs).

The primary goal of the strategy is to contribute to the community’s well-being and overall prosperity. It will be accompanied by an implementing Road Map, which will guide the company in its evolution path by providing a clear and tangible direction to achieve ESG objectives.

“We are proud to unveil our ESG Strategy, a culmination of a year’s dedicated effort, especially on the grand stage of COP28 in the Gulf, a pivotal region influencing global energy balances and sustainability challenges,” stated Alessandra Ricci, CEO of SACE. “This Road Map is a collaborative endeavour involving all SACE stakeholders and our team. Together, we aim to amplify the impact of this transformative evolution.”

“This strategy embodies the dedication and passion of the SACE People seeking to embrace a new paradigm in t
heir approach towards the world. Through our new ESG Strategy, the SACE Group embraces the challenges of sustainable development in an increasingly interconnected world, acknowledging that financial choices hold social and environmental repercussions, which, in turn, can have significant financial implications. Therefore, the decisions of a few can profoundly affect the well-being of many,” stated Michele De Capitani, Chief Financial Sustainability Officer of SACE. “SACE’s commitment is dedicated to overseeing, monitoring, and influencing these interdependencies, not just for the benefit of shareholders but also for future generations and the planet we all share.”

Source: Emirates News Agency