Mediobanca Group Climate Transition Plan

This document is a Climate Transition Plan by Mediobanca Group, outlining the framework adopted for its implementation based on the Glasgow Financial Alliance for Net Zero (GFANZ). The plan is structured around three main pillars: the 'One Brand – One Culture' Strategic Plan, the integration of existing ESG initiatives, and corrective actions required by regulators and market best practices. It details the Group's commitment to achieving carbon neutrality by 2050, including specific short, medium, and long-term goals. The document emphasizes the importance of aligning credit and investment portfolios with net-zero emissions and outlines the strategic priorities, metrics, and governance necessary for effective implementation. It also describes the actions Mediobanca will take to foster stakeholder engagement, set net-zero emission targets, and integrate sustainability into its business model. The plan aims to ensure that the Group's operations contribute positively to the ecological transition while adhering to evolving European sustainability regulations.