“Certified Sustainable Future”: 30 million euro from UniCredit for Pietro Fiorentini’s sustainable development
09 August 2023 - ESGStrengthening the already significant commitment in energy transition, seizing the opportunities offered by green sources such as biomethane, hydrogen and power-to-gas, and exploiting water metering, digitalisation of water cycle and environmental sector, these are some of the many areas in which Pietro Fiorentini Group has recently extended its horizons. The financial support structured for the company by UniCredit will be crucial in enabling all this activities.
In support of Pietro Fiorentini’s growth plans, UniCredit will provide 30 million euros through “Certified Sustainable Future“, the loan with which the bank endorses companies that want to develop strategies and projects about sustainability.
The financial operation is linked to the company’s achievement of ESG rating certification, released by Ecovadis, a specialised service company.
Comments Mario Nardi, CEO of the Pietro Fiorentini Group: “Our Group, strongly believes that sustainability is a steady commitment and a shared responsibility. Aware of the importance of preserving our planet for future generations, we dedicate ourselves every day to improve the use of resources. Optimising existing ones and making suitable new ones is crucial, therefore, it is necessary to invest in research and development of new technologies that will allow us to exploit tomorrow’s resources in a sustainable and efficient way.”
Adds Francesco Iannella, Regional Manager North East of UniCredit: “The issue of sustainability is the core business of a company like Pietro Fiorentini. This operation has a great symbolic value for us because our intervention, beyond its financial ratio, allows us to support an organisation that has always believed in sustainability. It is a guideline for development, investing in innovation and research, in structures and in its own human capital, with a concrete return for the development of this territory.”
Focus on: UniCredit
UniCredit is a pan-European Commercial Bank with a unique service offering in Italy, Germany, Central and Eastern Europe. Our purpose is to empower communities to progress, delivering the best-in-class for all stakeholders, unlocking the potential of our clients and our people across Europe. We serve over 15 million customers worldwide. They are at the heart of what we do in all our markets. UniCredit is organized in four core regions and two product factories, Corporate and Individual Solutions. This allows us to be close to our clients and use the scale of the entire Group for developing and offering the best products across all our markets. Digitalisation and our commitment to ESG principles are key enablers for our service. They help us deliver excellence to our stakeholders and creating a sustainable future for our clients, our communities and our people.