Intesa Sanpaolo and CAME have signed a loan agreement for an amount of 15 million Euros aimed at achieving specific targets linked to sustainability.
The transaction, structured by Intesa Sanpaolo's IMI Corporate & Investment Banking Division headed by Mauro Micillo, consists of a five-year credit line and is characterized by a pricing mechanism linked to the achievement of specific ESG (Environmental, Social, Governance) targets.
The loan is in line with the strategy of the CAME Group, which consistently places attention to the territories in which it operates and social responsibility at the center of its business. The ESG objectives linked to the transaction, in fact, include a significant reduction in energy consumption and polluting emissions.
“The transaction with an international excellence such as CAME demonstrates how companies in our country are increasingly attentive to the impact of their operations and production on the territory in which they do business and, more generally, on the environment” said Michele Sorrentino, Head of Network Italia in the IMI Corporate & Investment Banking Division of Intesa Sanpaolo. “Our Group has been highly committed for some time to supporting the entrepreneurial fabric towards development pathways that can combine business growth and environmental sustainability".
“Our company has always paid attention to both the production processes and the methods by which our products can improve the user experience. For this reason, for us sustainability does not only mean energy savings and greener systems – comments Roberto Gumirato, CEO of CAME - but also the development of automations with increasingly integrated and connected technologies that allow smart use and more efficient management of living spaces. CAME is looking at sustainable development in an all-round way, and the collaboration with Intesa Sanpaolo will give a further positive boost to this process and product improvement project that is part of our corporate philosophy"