We aim to be the driving force behind Italy’s sustainable development, with positive and visible impacts for enterprises, the public sector and families.

By helping to achieve the goals of the National Recovery and Resilience Plan and the UN’s 2030 Agenda for Sustainable Development, CDP is playing a key role in Italy’s development.

We work hard each day to contribute to the country’s sustainable development.
Sustainability, additionality and subsidiarity are the key principles that guide us in:

	Helping Italy make up ground;
	Supporting local areas and enterprises;
	Adopting sector-specific policies for loans with best-in-class ESG criteria;
	Promoting gender inclusion and equality;
	Strengthening internal technical expertise to attract new talent;
	Becoming a centre of excellence and a driver of progress and Italian competitiveness.

The Group strategy: challenges, key pillars and action areas

We believe there are four great challenges facing Italy: climate change, inclusive and sustainable growth, innovation and digitalisation, and support for value chains. We established our Group's strategy in response to these.

To guide our operations more efficiently, we have translated these four challenges into ten action areas and three "transformative" pillars, which cut across everything we do.

Starting from the 10 action areas, we have developed 10 sectoral strategic guidelines for assessing the degree of strategic importance of the initiatives that we implement. They analyse the gaps in the country, identify areas for action and define the main performance indicators for project monitoring and ex-post impact assessment.

Find out more about our 2022-2024 Strategic Plan.

Sectoral Strategic Guidelines

Our ESG Plan

The new ESG Plan sets out our goals, which are strongly geared towards reaching the sustainable development targets established by the United Nations, which CDP is committed to achieving over the three-year period.

⁸ Goals related to CDP SpA and the companies it directly controls and over which it exercises management and coordination, excluding Simest SpA. 2019 baseline. Total emissions refer to Scope 1, Scope 2 (market-based methodology) and Scope 3 emissions; the latter refer to business travel.
⁹ Goals related to CDP SpA and the companies it directly controls and over which it exercises management and coordination, excluding Simest SpA. 2019 baseline.
¹⁰ Goal of reducing emission intensity, relating to the portfolio of direct loans of the Enterprise Loans, Infrastructure and International Cooperation and Development Finance Loans business units - solely for the component of loans to private companies. Activities relating to the Public Administration and Equity are not included in the perimeter. 2022 baseline.
¹¹ Expenditure items do not include tax, legal and strategic advice.

The decarbonisation of the loans portfolio

In keeping with the 2022-2024 Strategic Plan and the ESG Plan which consider the fight against climate change as one of the country’s main challenges, in June 2023, the Board of Directors approved the first target to reduce the portfolio’s carbon footprint, which envisages a 30% decrease by 2030 compared to 2022 in the emission intensity (tCO2 e/Mln€) of loans for enterprises, infrastructure and international cooperation. The calculation of financed greenhouse gas emissions is based on the most widely shared standard in the international financial community, i.e. the methodology developed by the Partnership for Carbon Accounting Financials (PCAF).

In relation to this target, a reduction of approximately 7% in overall emission intensity was recorded in 2023 compared to 2022.