In eight years, 60 million euros have been raised for 500 high-value social projects.
Approximately €60 million has been raised for 350 third sector organizations. These are some of the numbers achieved by Intesa Sanpaolo 's Territorial Banking Division, led by Stefano Barrese , through its Impact Department. Thanks to donations from users and the bank itself, over 500 high-value social projects have been supported through the For Funding digital platform from 2017 to June of this year.
The Impact Department, led by Andrea Lecce , supports over 100,000 third sector organizations, providing them with approximately €300 million in subsidized loans each year for projects supporting the most vulnerable sections of society through inclusive, accessible, and innovative tools.
The supported projects, whose social impact is evaluated annually, offer concrete opportunities to families, young people, precarious workers and vulnerable individuals, promoting access to essential needs such as housing, healthcare, education and job placement .
The subsidized financial instruments are supported by the digital platform For funding, the leader in crowdfunding in Italy, which is based on a transparent collection model for third sector entities, accessible to everyone, customers and non-customers, and free of charge.
The initiatives, supported by the Intesa Sanpaolo Group, focus on local regeneration, healthcare, social inclusion, the fight against poverty, environmental protection, and many other social and solidarity areas. Forfunding.com played a key role, particularly during the Covid-19 health emergency, raising €5.3 million to support social and healthcare projects.
With an innovative approach to corporate social responsibility, Intesa Sanpaolo, in addition to offering platform services, promotes the Formula program, participating in both campaign promotions through the bank's official channels and in fundraising by directly donating a single contribution of €2 for many of the products purchased by customers online.
This model increases the visibility of projects and multiplies the social impact of donations, thanks also to the involvement of regional directorates within the Territorial Bank Division.
The ESG strategy. By promoting active community participation and embodying the values of solidarity and social responsibility, For Funding is part of the Intesa Sanpaolo Group's broader ESG strategy, which confirms its commitment to being an institution serving the real and social economy and its commitment to building a more equitable and supportive future by impacting society and the communities in which it operates.
Opening photo by Liana S for Unsplash
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