Banco BPM (BAMI) Esg presentation summary

ESG governance and integration

• ESG strategy is overseen by the Board of Directors, with dedicated committees and a Transition & Sustainability unit coordinating ESG activities across the organization since 2024.

• ESG targets are embedded in both short- and long-term incentive plans for top management and commercial functions, with gender-neutral remuneration policies.

• Appointment of ESG representatives in key functions and inclusion of ESG KPIs in variable remuneration since 2023.

• Sustainability Committee established at board level in 2023, supporting strategy and risk management.

ESG strategy, ambitions, and achievements

• Strategic Plan integrates ESG ambitions, focusing on client transition support, renewable energy financing, and reducing own energy consumption and emissions.

• Key targets include €7.6bn in low-carbon financing, 36% women in managerial roles by 2027, and €5bn in green, social, and sustainability bonds issued by 2027.

• Net-zero strategy targets 2030 carbon intensity reductions in five priority sectors, with transition plans and progress published.

• Recognized as #1 green bond issuer among Italian banks in 2024 and 2025, with pioneering EU Green Bond issuance.

Environmental initiatives and impact

• ESG Factory provides training, advisory, and sustainable finance solutions to corporate and SME clients, supporting their green transition.

• 100% of electricity consumption from renewable sources since 2020, with significant reductions in energy use and GHG emissions.

• Physical and transition climate risks integrated into lending and risk management frameworks, with sector-specific strategies and tools.

• Green Asset Ratio improved to 2.52% (turnover-based) and 2.84% (capex-based) in 2024.