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Effective URL: https://group.intesasanpaolo.com/en/editorial-section/italian-national-recovery-and-resilience-plan
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Effective URL: https://group.intesasanpaolo.com/en/editorial-section/italian-national-recovery-and-resilience-plan
Submission: On April 04 via api from IT — Scanned from IT
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More Options Accept {"clientID":"2b71d197-0c21-4234-ba98-2689b888f985","signature":"664610f33aa0503128c41216cec8b65f079ea4ee9ece982d6c7d6715d0fc4e88","encryption":"68cad83b4246825bd81d4bc1059d4620","keyID":"183b753b-7f28-af43-f453-4bd93774f44a","user":"C1AAFC8C323DFDA567B3CD7D0E48C3DD","clientIDSh":"1d9f34e6-7f26-427f-a9d8-0fa45b27a1ca","signatureSh":"664610f33aa0503128c41216cec8b65f079ea4ee9ece982d6c7d6715d0fc4e88","encryptionSh":"68cad83b4246825bd81d4bc1059d4620","keyIDSh":"16eb5dfd-e4eb-6b7e-4294-8fc82de1428e","userSh":"C1AAFC8C323DFDA567B3CD7D0E48C3DD"} * ABOUT US * Mission, Values and Strategy * Profile * Business * Organisational structure and Top management * Websites of subsidiaries * Shareholder base * History * Our Brand * International presence * INVESTOR RELATIONS * IR Policy * Share performance * Financial reports * Presentations * Press releases * Key figures database * Financial FAQ * Ratings * Shareholder base * Shares and dividends * Shareholder's guide * Dialogue with Investors * Prospectus * Analyst coverage * Financial calendar * SEC Filings * Links * Contacts * GOVERNANCE * Shareholder base * Shareholders' Meeting * Board of Directors and Management Control Committee * Committees of the Board of Directors * Central Structures * Risk Management * Independent Auditing * Board resolutions * Remuneration and Equity investments * Internal dealing * Company documents * Legislative Decree 231/2001 and Anti-corruption * SUSTAINABILITY * Sustainability Governance * Code of Ethics * Integrity in corporate conduct * Risk management and control * Management of ESG and climate related risks * Adherence to Equator Principles * Projects assessed according to the Equator Principles * Sustainability policies * Dialogue with stakeholder and materiality matrix * ESG Objectives 2022-2025 Business Plan * Human rights * International Standards and Partnerships * Institutional relations * UN's Sustainable Development Goals * Relation with shareholders * Support to ESG transition * Loans and services for the Green Economy * Support to the Circular Economy * Sustainable Investments * Green, Social and Sustainability Bonds * Commitment to ESG transition: data * Relation with suppliers * Suppliers portal * Sustainability in purchasing strategies * Commitment to environment and climate * Climate Change * Direct environmental impacts * Our environmental policies * Greenhouse gas emissions * Environmental impacts monitoring * International initiatives and working groups * Commitment to environment: data * Promoting innovation * Financial inclusion and supporting production * Financial inclusion * Microcredit and social lending * Fund for Impact * Vulnerable people * Supporting production * Supporting the Third Sector * Financial education * Relationships with customers * Commitment to financial inclusion and customers: data * Attention to social needs and commitment to culture * Support to the community * Commitment to community: data * Attention to people * Professional Development * Welfare and People Care * Diversity & Inclusion * Health and Safety * Labour/management relations * Commitment to people: data * Indices, awards and certifications * Sustainability Indices * Awards * Certifications * Sustainability reporting * Consolidated Non-financial Statement * Consolidated Non-financial Statement * Consolidated Non-financial Statement as at 30 June * Archive - 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CONTACT US EN IT * Commitment * Strength * Events and Projects atom/icon/search Created with Sketch. atom/icon/close-menu Created with Sketch. atom/icon/search Created with Sketch. atom/icon/close-menu Created with Sketch. Go to Sustainable tower NRRP Go to Business plan Business model Our business Go to Events Projects Homepage NRRP Our commitment to the National Recovery and Resilience Plan (NRRP) pnrr INTESA SANPAOLO WORKING FOR THE COUNTRY We are working with the country to seize the opportunity provided by the National Recovery and Resilience Plan and to meet present and future challenges. Our Group wants to help its customers gain access to the funding provided, to encourage inter-institutional dialogue, and to implement projects in a tangible manner, in order to kick-start the nation’s recovery and to overcome the impact of the Covid-19 pandemic. This is an ambitious, but totally feasible, plan for which we offer our own resources in support of the real economy, so as to facilitate the development of the entire community in a sustainable, inclusive future. THE ONLY REAL DRIVER OF THE STRONG GROWTH OF THE PRODUCTION AND SUPPLY CHAINS IS THE NATIONAL RECOVERY AND RESILIENCE PLAN, WHICH REPRESENTS A KEY FACTOR IN HELPING TO ACCELERATE OUR COUNTRY’S MODEST GROWTH AND IN PERMITTING A RECOVERY IN EMPLOYMENT AND A REDUCTION OF SOCIAL INEQUALITY. Carlo Messina - Managing Director and Chief Executive Officer WHAT ARE THE MISSIONS OF THE ITALIAN RECOVERY PLAN: TARGETS & RESOURCES MISSION 1: PROMOTING THE COUNTRY’S DIGITAL TRANSFORMATION The first mission of the National Recovery and Resilience Plan is to launch the country’s digital transition by supporting the innovation of the production system, and the modernisation of the Public Administration and communications infrastructure, through the extension of the ultra-broadband network right across the Country. Furthermore, it aims to promote the competitiveness and internationalisation of the country’s industrial supply chains, and the re-launch of the tourism industry and of Italy’s cultural heritage. Mission 1’s total funding, provided by the Recovery and Resilience Facility (RRF), the Recovery Assistance for Cohesion and the Territories of Europe (REACT-EU), and the National Supplementary Fund, amounts to 50 billion euro. MISSION 2: LAUNCHING THE ECOLOGICAL TRANSITION OF ITALY AND ITS ECONOMY The second mission of the National Recovery and Resilience Plan is to provide support to the country’s green, ecological transition in accordance with the European Green Deal. By means of actions taken in various different areas, the Mission aims at environmental sustainability through operations in the field of renewable energy, the development of sustainable mobility, the greater efficiency of resource and waste management, and the promotion of the circular economy thanks also to the development of a sustainable food supply chain. Mission 2’s total funding, provided by the Recovery and Resilience Facility (RRF), the Recovery Assistance for Cohesion and the Territories of Europe (REACT-EU), and the National Supplementary Fund, amounts to 70 billion euro. MISSION 3: MEETING THE LOGISTICAL AND ENVIRONMENTAL CHALLENGES IN THE MOBILITY SECTOR The third mission of the National Recovery and Resilience Plan aims to strengthen Italy’s infrastructural system and reduce the environmental impact of the national transportation sector. More specifically, the third mission foresees the expansion of the high-speed and regional rail networks, particularly in the South of Italy, the strengthening of goods transport services, and the optimisation and digitalisation of air traffic and of the operations of the National Logistics Platform (NLP) for the country’s port network. Mission 3’s total funding, provided by the Recovery and Resilience Facility (RRF), the Recovery Assistance for Cohesion and the Territories of Europe (REACT-EU), and the National Supplementary Fund, amounts to 31 billion euro. MISSION 4: GUARANTEEING THE DEVELOPMENT OF EDUCATION, TRAINING AND KNOWLEDGE The fourth mission of the National Recovery and Resilience Plan is to facilitate the integration of education, research and the labour market through the development of synergies capable of training new resources for the future. The mission aims to bridge any structural gaps and lack of suitable personnel by reforming the hiring and training of teachers, and by strengthening the country’s basic research systems in order to re-launch growth through the improved capacity to adapt to the technological and environmental challenges of the future. Mission 4’s total funding, provided by the Recovery and Resilience Facility (RRF), the Recovery Assistance for Cohesion and the Territories of Europe (REACT-EU), and the National Supplementary Fund, amounts to 34 billion euro. MISSION 5: ENCOURAGING AN INCLUSIVE, RESPONSIBLE, EMPATHETIC CULTURE The fifth mission of the National Recovery and Resilience Plan is to safeguard those who are socially and economically fragile, by promoting gender equality, the fight against discrimination, and the consolidation of both social infrastructure and labour policies. The mission focuses in particular on territorial cohesion, through the direct review of active labour policies, the strengthening of job centres, and the integration of social services and the network of private operators. Mission 5’s total funding, provided by the Recovery and Resilience Facility (RRF), the Recovery Assistance for Cohesion and the Territories of Europe (REACT-EU), and the National Supplementary Fund, amounts to 30 billion euro. MISSION 6: STRENGTHENING THE COUNTRY’S HEALTH SYSTEM The sixth mission of the National Recovery and Resilience Plan is to strengthen the accident prevention and healthcare system throughout the country, by modernising and digitalising the National Health System’s technological facilities. The sixth mission aims to see the implementation of targeted measures designed to guarantee the equality of access to treatment, also through the strengthening of health workers’ skills and of scientific research. Mission 5’s total funding, provided by the Recovery and Resilience Facility (RRF), the Recovery Assistance for Cohesion and the Territories of Europe (REACT-EU), and the National Supplementary Fund, amounts to 20 billion euro. MEANING OF RRP, GOVERNANCE, DEADLINES AND OTHER FREQUENTLY ASKED QUESTIONS What is the National Recovery and Resilience Plan? The European Union has responded to the pandemic with the creation of the Next Generation EU (NGEU) plan, comprising 750 billion euro of funding dedicated to investments and reforms sustaining the development of EU Member States. The National Recovery and Resilience Plan is the Italian Government’s response to the European investment opportunities set out in the Next Generation EU programme; in fact, Italy is the largest beneficiary in absolute terms of the NGEU package. How is the National Recovery and Resilience Plan structured? The National Recovery and Resilience Plan comprises 6 separate missions, which in turn are subdivided into 16 specific "components" shaped by their general aims and scope, and their corresponding investments and reforms. The 6 missions are: 1. "digitalisation, innovation, competitiveness, culture and tourism" 2. "the green revolution and ecological transition" 3. "sustainable mobility infrastructure" 4. "education and research" 5. "inclusion and cohesion" 6. "health" Where does the earmarked funding come from? The funding earmarked for the National Recovery and Resilience Plan amounts to 235 billion euro, and can be used for investments over the period from 2021 to 2026. It includes: * around 191 billion euro from the Recovery and Resilience Facility (RRF) pertaining to the Next Generation EU plan; * around 13 billion euro from the Recovery Assistance for Cohesion and the Territories of Europe (REACT-EU), pertaining to the Next Generation EU plan; * around 31 billion euro from the National Supplementary Fund. (RRF: the Recovery and Resilience Facility; REACT-EU: the Recovery Assistance for Cohesion and the Territories of Europe programme). What is the timescale of the measures provided for by the National Recovery and Resilience Plan? The funds earmarked for the National Recovery and Resilience Plan amount to 235 billion euro, are available for investments over a 5-year period (2021-2026), and are released and allocated on a periodical basis. What results are expected to be produced by the National Recovery and Resilience Plan? The Government’s analyses foresee the National Recovery and Resilience Plan measures producing a rise in the potential growth rate of the Italian economy, and having positive effects on both GDP and employment, the levels of which are expected to rise, respectively, by 3.6% and 3% by 2026 (the final year of the Plan). RRP: what measures are planned during the course of the year? The National Recovery and Resilience Plan sets out a time schedule with aims and targets, at individual mission, component and investment level, to be achieved in order to obtain the six-monthly funding foreseen by the European Commission. Specific expenditures are allocated for each period for the purpose of achieving the set targets: provision has been made for 27.5 billion euro in 2022. (Source: Dossier November 2021 - "The National Recovery and Resilience Plan: financial figures and an account of resources and their utilisation" - Drawn up from figures contained in the Annex to the National Recovery and Resilience Plan proposal of 30/04/2021). Governance: who is managing the funds and organise the calls for tender? For each investment within the framework of the National Recovery and Resilience Plan, two different types of figure are envisaged, each having a different role: * The body in charge, represented by the ministries responsible for managing the funds made available * The implementing body, represented by the body entitled to make the investment/distribute the resources For example, in the case of Mission 1 - Component 2 - Investment 5.2 (Competitiveness and resilience of production chains), the body in charge is the Ministry for Economic Development, while the implementing body is Invitalia). How are funds released, and how important is it to request funds in a timely manner? Following publication of the Law Decree covering a given area of action and establishing allocation of the funds, the corresponding call for tender is published setting out details of the manner of access to the funds and the facilitation tools. In many cases, incentives are disbursed in the order in which applications are received, or actions are finalised, until the total allocated funding has all been distributed; funding may be allocated on a yearly or multi-year basis, depending on the circumstances. What principal facilitation tools are going to be envisaged by the National Recovery and Resilience Plan? It will be possible to implement the reforms and investments envisaged by the National Recovery and Resilience Plan thanks to the various instruments set out in those Law Decrees pertaining to the specific areas encompassed by the Plan. The main such instruments concern: * direct public spending * non-refundable funds * tax benefits (e.g. tax credits) * guarantees * co-financing Which parties may benefit from the funds provided by the National Recovery and Resilience Plan? The National Recovery and Resilience Plan provides for investments and reforms that impact the country as a whole: the measures involved are aimed, in different ways, at enterprises, households, the Public Administration and local authorities. {"toolbar":[]} atom/icon/big/hamburger secondario Created with Sketch. Follow us on atom/icon/social_FB Created with Sketch. atom/icon/social_YT Created with Sketch. atom/icon/social_TW Created with Sketch. atom/icon/social_IN Created with Sketch. atom/icon/social_Instagram Created with Sketch. Our Values * The Strength of the Group * Commitment * Events and Projects The Group * About Us * Investor Relations * Governance * Sustainability * Social * Research * Newsroom * Careers Useful Links * Sustainable tower * Individual Customers * Small Businesses * Corporate * UBI Banca Archive User Area * Contacts * Notifications Language Inglese atom/icon/dropdown-arrow-close Created with Sketch. Italiano Inglese Other Links * Suppliers * Glossary * PSD * SSM * CSIRT - CERT * Transparency * Corporate Data * Privacy * Cookies * Disclaimer * AML - CFT * Accessibility Declaration * Modern Slavery Statement Suppliers Glossary PSD SSM CSIRT - CERT Transparency Corporate Data Privacy Cookies Disclaimer AML - CFT Accessibility Declaration Modern Slavery Statement per le PMI del Ministero dello Sviluppo Economico (Legge 662/96 ) Copyright 2019 © Intesa Sanpaolo Stampa del 4/4/2023 alle 7:10:41 English Accessibility Adjustments Reset Settings Statement Hide Interface Choose the right accessibility profile for you OFF ON Seizure Safe Profile Clear flashes & reduces color This profile enables epileptic and seizure prone users to browse safely by eliminating the risk of seizures that result from flashing or blinking animations and risky color combinations. OFF ON Vision Impaired Profile Enhances website's visuals This profile adjusts the website, so that it is accessible to the majority of visual impairments such as Degrading Eyesight, Tunnel Vision, Cataract, Glaucoma, and others. OFF ON ADHD Friendly Profile More focus & fewer distractions This profile significantly reduces distractions, to help people with ADHD and Neurodevelopmental disorders browse, read, and focus on the essential elements of the website more easily. OFF ON Cognitive Disability Profile Assists with reading & focusing This profile provides various assistive features to help users with cognitive disabilities such as Autism, Dyslexia, CVA, and others, to focus on the essential elements of the website more easily. OFF ON Keyboard Navigation (Motor) Use website with the keyboard This profile enables motor-impaired persons to operate the website using the keyboard Tab, Shift+Tab, and the Enter keys. Users can also use shortcuts such as “M” (menus), “H” (headings), “F” (forms), “B” (buttons), and “G” (graphics) to jump to specific elements. Note: This profile prompts automatically for keyboard users. OFF ON Blind Users (Screen Reader) Optimize website for screen-readers This profile adjusts the website to be compatible with screen-readers such as JAWS, NVDA, VoiceOver, and TalkBack. A screen-reader is software that is installed on the blind user’s computer and smartphone, and websites should ensure compatibility with it. Note: This profile prompts automatically to screen-readers. Content Adjustments Content Scaling Default Readable Font Highlight Titles Highlight Links Text Magnifier Adjust Font Sizing Default Align Center Adjust Line Height Default Align Left Adjust Letter Spacing Default Align Right Color Adjustments Dark Contrast Light Contrast High Contrast High Saturation Adjust Text Colors Cancel Monochrome Adjust Title Colors Cancel Low Saturation Adjust Background Colors Cancel Orientation Adjustments Mute Sounds Hide Images Read Mode Reading Guide Useful Links Select an option Home Header Footer Main Content Stop Animations Reading Mask Highlight Hover Highlight Focus Big Black Cursor Big White Cursor HIDDEN_ADJUSTMENTS Keyboard Navigation Accessible Mode Screen Reader Adjustments Read Mode AccessiWay. The Web Accessibility Solution Choose the Interface Language English Español Deutsch Português Français Italiano עברית 繁體中文 Pусский عربى عربى Nederlands 繁體中文 日本語 Polski Türk Accessibility StatementCompliance status We firmly believe that the internet should be available and accessible to anyone and are committed to providing a website that is accessible to the broadest possible audience, regardless of ability. To fulfill this, we aim to adhere as strictly as possible to the World Wide Web Consortium’s (W3C) Web Content Accessibility Guidelines 2.1 (WCAG 2.1) at the AA level. These guidelines explain how to make web content accessible to people with a wide array of disabilities. Complying with those guidelines helps us ensure that the website is accessible to blind people, people with motor impairments, visual impairment, cognitive disabilities, and more. This website utilizes various technologies that are meant to make it as accessible as possible at all times. We utilize an accessibility interface that allows persons with specific disabilities to adjust the website’s UI (user interface) and design it to their personal needs. Additionally, the website utilizes an AI-based application that runs in the background and optimizes its accessibility level constantly. This application remediates the website’s HTML, adapts its functionality and behavior for screen-readers used by blind users, and for keyboard functions used by individuals with motor impairments. If you wish to contact the website’s owner please use the website's form Screen-reader and keyboard navigation Our website implements the ARIA attributes (Accessible Rich Internet Applications) technique, alongside various behavioral changes, to ensure blind users visiting with screen-readers can read, comprehend, and enjoy the website’s functions. As soon as a user with a screen-reader enters your site, they immediately receive a prompt to enter the Screen-Reader Profile so they can browse and operate your site effectively. Here’s how our website covers some of the most important screen-reader requirements: 1. Screen-reader optimization: we run a process that learns the website’s components from top to bottom, to ensure ongoing compliance even when updating the website. In this process, we provide screen-readers with meaningful data using the ARIA set of attributes. For example, we provide accurate form labels; descriptions for actionable icons (social media icons, search icons, cart icons, etc.); validation guidance for form inputs; element roles such as buttons, menus, modal dialogues (popups), and others. Additionally, the background process scans all of the website’s images. It provides an accurate and meaningful image-object-recognition-based description as an ALT (alternate text) tag for images that are not described. It will also extract texts embedded within the image using an OCR (optical character recognition) technology. To turn on screen-reader adjustments at any time, users need only to press the Alt+1 keyboard combination. Screen-reader users also get automatic announcements to turn the Screen-reader mode on as soon as they enter the website. These adjustments are compatible with popular screen readers such as JAWS, NVDA, VoiceOver, and TalkBack. 2. Keyboard navigation optimization: The background process also adjusts the website’s HTML and adds various behaviors using JavaScript code to make the website operable by the keyboard. This includes the ability to navigate the website using the Tab and Shift+Tab keys, operate dropdowns with the arrow keys, close them with Esc, trigger buttons and links using the Enter key, navigate between radio and checkbox elements using the arrow keys, and fill them in with the Spacebar or Enter key. Additionally, keyboard users will find content-skip menus available at any time by clicking Alt+2, or as the first element of the site while navigating with the keyboard. The background process also handles triggered popups by moving the keyboard focus towards them as soon as they appear, not allowing the focus to drift outside. Users can also use shortcuts such as “M” (menus), “H” (headings), “F” (forms), “B” (buttons), and “G” (graphics) to jump to specific elements. Disability profiles supported on our website * Epilepsy Safe Profile: this profile enables people with epilepsy to safely use the website by eliminating the risk of seizures resulting from flashing or blinking animations and risky color combinations. * Vision Impaired Profile: this profile adjusts the website so that it is accessible to the majority of visual impairments such as Degrading Eyesight, Tunnel Vision, Cataract, Glaucoma, and others. * Cognitive Disability Profile: this profile provides various assistive features to help users with cognitive disabilities such as Autism, Dyslexia, CVA, and others, to focus on the essential elements more easily. * ADHD Friendly Profile: this profile significantly reduces distractions and noise to help people with ADHD, and Neurodevelopmental disorders browse, read, and focus on the essential elements more easily. * Blind Users Profile (Screen-readers): this profile adjusts the website to be compatible with screen-readers such as JAWS, NVDA, VoiceOver, and TalkBack. A screen-reader is installed on the blind user’s computer, and this site is compatible with it. * Keyboard Navigation Profile (Motor-Impaired): this profile enables motor-impaired persons to operate the website using the keyboard Tab, Shift+Tab, and the Enter keys. Users can also use shortcuts such as “M” (menus), “H” (headings), “F” (forms), “B” (buttons), and “G” (graphics) to jump to specific elements. Additional UI, design, and readability adjustments 1. Font adjustments – users can increase and decrease its size, change its family (type), adjust the spacing, alignment, line height, and more. 2. Color adjustments – users can select various color contrast profiles such as light, dark, inverted, and monochrome. Additionally, users can swap color schemes of titles, texts, and backgrounds with over seven different coloring options. 3. Animations – epileptic users can stop all running animations with the click of a button. Animations controlled by the interface include videos, GIFs, and CSS flashing transitions. 4. Content highlighting – users can choose to emphasize essential elements such as links and titles. They can also choose to highlight focused or hovered elements only. 5. Audio muting – users with hearing devices may experience headaches or other issues due to automatic audio playing. This option lets users mute the entire website instantly. 6. Cognitive disorders – we utilize a search engine linked to Wikipedia and Wiktionary, allowing people with cognitive disorders to decipher meanings of phrases, initials, slang, and others. 7. Additional functions – we allow users to change cursor color and size, use a printing mode, enable a virtual keyboard, and many other functions. Assistive technology and browser compatibility We aim to support as many browsers and assistive technologies as possible, so our users can choose the best fitting tools for them, with as few limitations as possible. Therefore, we have worked very hard to be able to support all major systems that comprise over 95% of the user market share, including Google Chrome, Mozilla Firefox, Apple Safari, Opera and Microsoft Edge, JAWS, and NVDA (screen readers), both for Windows and MAC users. Notes, comments, and feedback Despite our very best efforts to allow anybody to adjust the website to their needs, there may still be pages or sections that are not fully accessible, are in the process of becoming accessible, or are lacking an adequate technological solution to make them accessible. Still, we are continually improving our accessibility, adding, updating, improving its options and features, and developing and adopting new technologies. All this is meant to reach the optimal level of accessibility following technological advancements. If you wish to contact the website’s owner, please use the website's form Hide Accessibility Interface? Please note: If you choose to hide the accessibility interface, you won't be able to see it anymore, unless you clear your browsing history and data. Are you sure that you wish to hide the interface? Accept Cancel Continue Processing the data, please give it a few seconds... Press Alt+1 for screen-reader mode