Since the day we were created, we have natively followed a pathway of integrating sustainability into the Group's strategies, processes and governance.
This first Sustainability Profile details the first year of business, starting with our identity and values before moving on to responsibility and the facts of our commitment to being a new paradigm bank with a highly technological and innovative business model.
Letter to stakeholder
Dear friends of illimity, we present this first Sustainability Profile at a difficult time as we find ourselves in the midst of a health, economic and social emergency.
Since the birth of illimity we have understood sustainability as responsibility towards the entire community of which we feel a part, and especially towards businesses, families and individuals, whom we would also like to accompany in this period of significant uncertainty.
During what have been extremely complicated weeks we have sought to capitalise fully on the new paradigm around which we have built illimity. The technologies we have adopted and our organisational model have enabled us to remain fully operational by adopting smart-working as the standard from the beginning of the emergency, ensuring maximum security levels for our workers and providing levels of service appropriate for our customers and partners. Our strategic and financial decisions have proven to be correct…
The materiality analysis is a major exercise to identify our priorities in environmental, social and governance issues (ESG). The process for identifying the material topics was guided by the Bank’s mission and business plan, by the industry’s benchmarks and trends and by a detailed analysis of publications in the media. The material topics identified have been subject to investigation of internal and external relevance through the engagement of stakeholders. To the material topics resulting from the survey, reported in the matrix, were then added a series of regulatory topics that constitute our integrity and our conduct, on which we place the maximum attention, and these are discussed in Chapter 4 “Integrity in business conduct”.
329
14
100
3
236
10
10
2
More than 700 Stakeholders engaged
Our first materiality matrix is the result of making an assessment of the topics that are potentially important for the Bank and its stakeholders. The materiality matrix was validated by the Sustainability Committee at its meeting on 10 February 2020.
People
Support for SMEs
Socially responsible activities and products
Customer relations and the ability to provide a tailored response
Innovation
Solidity of results
*The materiality threshold established during the materiality analysis was 3.25 out of 5.
At the end of 2019 the group could count on a workforce of 348 employees having origin in 15 sectors and over 145 different companies. Their average age is 37 and a third of the population is aged between 25 and 31 years. As a whole the age of illimiters ranges from 22 to 65. Eleven different nationalities are represented in illimity and the 48% of employees are women.
Highlights
37
Net Promoter Score
Indicator of customer loyalty and the word-of-mouth capacity of retail customers
35
Average training hours
per employee
In line with the industry average
right from the first year
5.94
CEO to Worker Compensation
Ratio
The average for CEO pay ratio
in this industry is 37.43
83%
Excellent work environment
for illimiters
Based on the assessment by Great Place to
Work
92%
Collaborative Agreement
Index
Distressed credit, out-of-court agreements
as percentage of total
82.5
Direct greenhouse gas
emissions (tCO2 eq)
Direct greenhouse gas emissions arise
exclusively from the corporate fleet.
Data refer to 2019, the first year of activity for illimity.
Our projects
illimitHER has been launched, an illimity diversity & inclusion programme to unleash the potential of young women.
Rosalba Casiraghi
Elena Cialliè
Giancarlo Bruno