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Mission Impact

Our commitment to sustainability is concrete and tangible, thanks to our impact measurement model that allows us to assess the impact generated by our social projects.

 

Why do we measure?

To give an economic value to the change generated through social projects, treating it as if it were a real profit generated for society.

Translating the 'S' dimension

We translate the social dimension into a monetary and, therefore, concrete value.

Measuring our actions

We make our actions measurable in order to be transparent.

Target investments

We select projects where we can maximise our impact by acting as a purpose-driven company.

The analysis model

Our impact measurement model, developed in collaboration with Triadi – a spin-off of the Politecnico di Milano – is based on the Theory of Change and is scalable and replicable.

The immediate result of this analysis is the value multiplier ratio, i.e. the ratio between the investment on each project and the social value generated.

When can we speak of impact?

When these 4 conditions occur, without which we can only speak of externalities.

Intentional

The project wants to respond to precise social objectives

Intentional

The project wants to respond to precise social objectives

Additional

Social objectives are defined in order to bring about a change on the project’s target group

Additional

Social objectives are defined in order to bring about a change on the project’s target group

Measurable

All defined objectives are measured through objective and quantitative parameters

Measurable

All defined objectives are measured through objective and quantitative parameters

Replicable and Scalable

The model can be applied to all social initiatives implemented by the Bank

Replicable and Scalable

The model can be applied to all social initiatives implemented by the Bank

Analysis of the project, financial investment and beneficiaries

Definition of project objectives (e.g. personal well-being, professional growth, increased employability)

Definition of indicators to be measured for each impact dimension (objective) and data collection

Measurement of the economic value generated by the project under evaluation for each impact dimension

Impact Dashboard

The Impact Dashboard collects all measured projects, SDGs and the social impact value of the investment.

*data up to 31.12.2023

Project Equilibri

Support for students imprisoned in Bollate Prison

INCLUSIVE COMMUNITIES

The objective was to promote the development of skills, aimed at fostering social reintegration through work inclusion.

VALUE MULTIPLIER RATIO: 4.3

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CONI Scholarships

Support for young athletes who medal in sport

INCLUSIVE COMMUNITIES

The objective was to support the growth of CONI junior champions, through the donation of scholarships enabling them to reconcile competitive activity and study.

VALUE MULTIPLIER RATIO: 3.3

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Summer Stem Academy

Supporting youth empowerment projects

INCLUSIVE COMMUNITIES

The objective was to support the growth of young girls and boys who choose STEM subjects as their major through the donation of scholarships.

VALUE MULTIPLIER RATIO: 2.4

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