Sustainability

Sustainability

We are committed to achieving sustainability goals in all areas where we operate.

Our Board of Directors

67% Independent
44% presence of women

Our People

54% women employees
39% women management
57% women new hires

Our Buildings

47% employees currently in LEED certified offices

Our Clients

98% Customer satisfaction survey Factoring & Lending Customers
100% Customer satisfaction survey Transaction Services Customers

Towards Carbon Neutrality in 2026. Targets

Carbon emission target is neutral

To be achieved through low-impact office buildings and efficient technological infrastructure (Scope 1 and 2)

80% of employees in LEED certified offices

Achieved Certification LEED Platinum in Poland

Łódź, Brama Miasta complex

Achieved Certification LEED Gold in Spain

Madrid, Castellana 81 complex

In the process of achieving LEED Platinum and Well Gold certifications in Italy

Milan, moved into Casa BFF at the end of 2024, new headquarter casabff.it

Full integration of climate and environmental risks through all our organization

Alignment to TCFD by 2028

Improving our positive impact on society. Targets

69% of employees currently in WELL certified offices

Casa BFF to focus on people and promote integration with the community

Talent pool diversification: increase the number of employees belonging to under-represented groups in core roles

 

Reduction of gender pay gap and increase women representation in management

 

Promote the new purpose of the Fast Forward Foundation, sustain the execution of the strategy and increase the contributions fffoundation.eu

Other initiatives

Social Bond Report 2025
Download PDF
ISS Report Review 2025
Download PDF
Social Bond October 2024
Download PDF
ISS Report Review 2024
Download PDF
Social Bond Report 2024
Download PDF
Social bond framework
Download PDF
Social Bond April 2024
Download PDF
BFF Arts & Culture
Visit page

Targets:

Continue to be aligned with best market practice

Enhance further the diversity of the BoD

Maintain low risk ESG rating profile and obtain additional ESG ratings

Alignment to PRB by 2028

ESG Governance
BFF completed its process of structuring ESG Governance by defining additional roles and responsibilities within the Group, as shown below.

 

At board level we have the Board of directors, the Control and Risk Committee and the Board of the Statuatory Auditors. At Management Level we have the ESG committee, At Operational Level we have the Group ESG

 

The Board of Directors

  • sets Group-wide guidelines, targets and strategies on sustainability issues;
  • ensures the integration of ESG risks into business strategies, governance, processes, procedures, and the system of controls;
  • approves the materiality analysis, the NFD, and major policies within its purview;
  • supervises the proper oversight of these issues.

The Control and Risks Committee to which – as of 2020 – the Board of Directors has assigned responsibilities in the area of ESG, has:

  • fact-finding, proposal and advisory functions and, more generally, supports the Board of Directors on sustainability issues (having regard to ESG parameters);
  • responsibility for the periodic review of updates on the progress of sustainability interventions.

The CEO

  • proposes guidelines, targets and strategies to the Board of Directors, at a Group level, on sustainability issues;
  • oversees the implementation of guidelines, targets and strategies approved by the Board of Directors;
  • proposes the results of the materiality analysis, the Non Financial Disclosure, and the main relevant policies to the Board of Directors.

ESG Committee as a body of a managerial nature with propositional and advisory functions to the Chief Executive Officer regarding assessments and decisions relating to sustainability issues – commonly known as Environment, Social & Governance (“ESG”) – connected to the Bank’s and the Group’s business operations and its dynamics of interaction with all stakeholders, approving its Rules. More specifically, the Committee has investigative duties vis-à-vis sustainability matters to be submitted to the CEO, supporting the latter in managing all social responsibility issues and ensuring the Group’s positioning on these matters in the various areas of reference.

The Group ESG O.U. is responsible for all issues and initiatives related to the sustainability area, in order to ensure that environmental, social and governance issues are integrated and promoted in the Group’s business model and activities.

Report 2024: In 2024 Annual Report, you can find the Sustainability  Statements, prepared in compliance with the EU Corporate Sustainability Reporting Directive (CSRD)
Download PDF
Report 2023
Download PDF
Report 2022
Download PDF
Report 2021
Download PDF
Report 2020
Download PDF
Report 2019
Download PDF
Climate Report 2024
Download PDF
Code of ethics
Download PDF
Sustainability Policy
Download PDF
Environmental Policy
Download PDF
Anti-Corruption Policy
Download PDF
Organisational Model of Legislative Decree 231/2001
Download PDF
Health & Safety Management System
Download PDF
Remuneration and Incentive Policy
Download PDF
Engagement policy
Download PDF
Diversity & Inclusion policy
Download PDF
Human Rights Policy
Download PDF
ESG Procurement Policy
Download PDF

MSCI Inc. is a  provider of Environmental, Social and Governance (ESG) Indexes with over 1,500 equity and fixed income ESG Indexes designed to help institutional investors more effectively benchmark ESG investment performance and manage, measure and report on ESG mandates. MSCI ESG Ratings aim to measure a company’s resilience to long-term, financially relevant ESG risks.
Update 01/2025

From CCC to AAA we got a AA scorel

Morningstar Sustainalytics is a leading ESG research, ratings and data firm that supports investors around the world with the development and implementation of responsible investment strategies. For nearly 30 years, the firm has been at the forefront of developing high-quality, innovative solutions to meet the evolving needs of global investors.
Update: 08/2024

From 40 (worst) to 0 (best) we got a score of 15

Standard Ethics is a European solicited rating agency on ESG issues. It provides rating and gap analysis for companies and countries aspiring to assessing their sustainable and responsible performance in compliance with EU, OECD and UN guidelines.
Update 12/2024

From F (worst) to EEE (best) we got a EE- score

CDP is a nonprofit that operates the world’s largest environmental disclosure platform. It provides a score for each company and assesses climate progress based on an annual questionnaire.
Update: 02/2025

From F (worst) to A (best) we got a C score

The Integrated Governance Index (IGI) is a quantitative index developed by ETicaNews and constructed based on a questionnaire addressed to companies. The reference panel for the survey includes the top 100 listed companies that publish the Nonfinancial Statement.
Update 06/2023

From worst (0) to best (100) we have a score of 61

S&P provides an ESG rating based on an annual questionnaire called Corporate Sustainability Assessment (CSA).
Update: 09/25

From 0 (worst) to 100 (best) we got a score of 35