Fondo Italiano d’Investimento SGR adopts theUnited Nation’s Principles for Responsible Investment

Milan, 12th September 2018 – Fondo Italiano d’Investimento SGR formalizes the adoption and the consequent commitment to apply and promote the Principles for Responsible Investment (PRI) fostered since 2005 by the United Nations, in particular through its two programs United Nations Global Compact and United Nations Environment Programme Finance Initiative (UNEP FI).

Fondo Italiano d’Investimento, which has been always careful to combine the maximization of
returns on investments with the development of the competitiveness of our production system,
considers the signature of the PRI as a further step in the path started in 2017 with the publication of the Fund’s Responsible Finance Policy. This Policy describes the strategy for integrating ESG criteria along every phase of the investment’s life cycle and establishes a set of sustainability principles related to its operations.

The PRIs consist of six voluntary principles that describe a set of actions aimed at promoting the
adoption of environmental, social and good governance criteria (the so-called “ESG criteria”) within traditional investment’s processes and policies.

By formally adopting the PRIs, the Fund commits to:

  1. Incorporate ESG issues into investment analysis and decision-making processes;
  2. Be active owners and incorporate ESG issues into ownership policies and practices;
  3. Seek appropriate disclosure on ESG issues by the companies and the funds participated;
  4. Promote acceptance and implementation of the Principles within the investment industry;
  5. Work together to enhance the effectiveness in implementing the Principles;
  6. Report on the activities and progress towards implementing the Principles.

Carlo Mammola, CEO of Fondo Italiano d’Investimento SGR, said:

“By signing the Principles for Responsible Investment, Fondo Italiano d’Investimento has decided to strengthen its position as a reference player in the Italian financial landscape and to communicate to the market the main principles guiding the way in which we select and manage the Fund’s investment portfolio. In this framework, a relevant component of our profile is represented by the people within the Fund, who work with the aim to create long-term added value, shared with companies, investors and other stakeholders, establishing solid relationships of trust based on the recognition of our principles of responsible finance.”

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Press-release-FII-su-Adopt-PRI_ENG_0

Fondo Italiano d’Investimento SGR

Founded in 2010 at the initiative of the Ministry of Economy and Finance (MEF) and participated by CDP Equity, Intesa Sanpaolo, UniCredit, ENPAM Foundation, ENPAIA Foundation, ABI, Banco BPM, and BPER Banca, Fondo Italiano d’Investimento SGR's main objective is to manage closed-end mutual funds aimed at channelling capital towards the system of excellent Italian companies, combining the goal of return on invested capital in line with international benchmarks with that of fostering the growth of the Italian productive system. Fondo Italiano manages 21 closed-end mutual funds reserved for qualified investors, totalling over Euro 4 billion of capital under management, and operates through direct and indirect investments (fund of funds). Fondo Italiano considers sustainability a fundamental value and is committed to integrating environmental, social, and governance (ESG) criteria into its investment activities.

For further information

Roberto Travaglino

Fondo Italiano d’Investimento SGR

+39 02 63532 208

roberto.travaglino@fondoitaliano.it

Thanai Bernardini

External press office

+39 335 7245418

me@thanai.it

Alessandro Bozzi Valenti

External press office

+39 348 0090866

alessandro.valenti@thanai.it