SACE for the environment

The impact of our external and internal activities on the environment

 

In line with the new national approach defined on the basis of the COP26 Statement on International Public Support for the Clean Energy Transition, we are committed to promoting a culture that is attentive to climate and environmental protection also in our business activities.

 

What we do within the company

 

We have set ourselves specific goals in terms of our environmental impact, including the adoption of eco-friendly strategies and measures, like the reduction in energy consumption; separate waste collection and recycling; development of Mobility Management programs; the re-use of corporate assets that are still functioning, extending their lifespan with the “Zero Rifiuti” [“Zero Waste”] initiative; the paperless campaign, which has contributed to emptying the SACE offices of superfluous paper, and halving the number of printers and the replacement of paper magazines and newspapers with digital versions to reduce emissions from the distribution process. A focus on the environment is, now, an essential component for the sustainability of a company and for the long-term growth of the whole economy. For this reason, since 2018, SACE and its subsidiaries have embarked upon a path aimed at obtaining and keeping the UNI EN ISO 14001:2015 certification, whose Application Scope includes the Rome, Milan, Bologna and Mestre branches, implementing a policy aimed at protecting the environment and the region.

 

Environmental News

Below, the environmental and social impact assessments are available for the transactions being assessed in category A and, every six months, the information relating to category A and B transactions that are guaranteed.

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Enviroment News 22 December 2003
On December 18th 2003 in Paris, OECD Secretariat approved the new test of “Common Approaches on Environment and Officially Supported Export Credits” for evaluating the environmental impact of infrastructure projects supported by Mermber Countries governments’ export credit agencies.
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Enviroment News 11 November 2003
According to the OECD Recommendation on Common Approaches on Environment (November 2001), members countries shall report to the OECD, information on transactions classified in Categories A) and B), for which a final commitment has been issued during the year of reporting.
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Enviroment News 26 March 2003
Sace has been requested a Promise of Guarantee for the Baku-Tiblisi-Ceyan, BTC, a pipeline to transport crude oil from Azerbaijan through Georgia to Turkey.
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Enviroment News 17 January 2003
Today, the Executive Committee of SACE approved the guarantee to Ansaldo Energia S.p.A.for the supply of electromechanical components, equipments, systems and services destined to complete the second unit of the nuclear power plant of Cernavoda, Romania.
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Enviroment News 16 January 2003
Environmental guidelines have been gradually introduced in SACE activities during 2001; the Italian commitment to enforce the OECD draft Recommendation ''Common Approaches on Environmental and Officially Supported Export Credit'' Rev. 6, brought to the wider application of the environmental assessment to every export credit transaction having a 24-months (or longer) repayment term, as from January 2002. Nearly one year later, the experience gained so far makes it possible to draw some conclusions on:
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