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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Disclosure ex-post 20 May 2019
Periodic publication after the insurance decision, of Category A and B projects.
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Enviroment News 08 February 2019
SACE is considering support to the Nord Stream 2 Project for construction and subsequent operation of a 1,200 km twin subsea natural gas pipelines through the Baltic Sea, from the Russian coast in the Leningrad region, reaching landfall near Greifswald in Germany. In addition to these two countries, the pipeline will pass through the jurisdictions of Finland, Sweden and Denmark.
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Enviroment News 12 November 2018
SACE has received an application for the Volgafert Project for the construction of an urea production plant in Togliatti (Russian Federation).
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Enviroment News 11 October 2018
SACE is considering support for the Marigold Project which consists of 2 key components that form part of the larger RAPID project: 1) a Refinery and Cracker Complex 2) a Petrochemical Complex C2/C3 Units.
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Enviroment News 28 September 2018
SACE is considering support for the BAPCO refinery project, which comprises the modernization and expansion of an existing refinery located in the East of Bahrain on the Arabian Gulf coast, to the South of Sitra Island.
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