Credito Emiliano Spa, also known as Credem, is an Italian banking group that operates in the retail banking sector. The bank was founded in 1910 in Reggio Emilia, Italy, and has since expanded its operations to other parts of Italy and Europe. Credem's mission is to provide innovative and sustainable financial solutions to its customers while contributing to the development of the communities it serves.

One of the key areas of focus for Credem is decarbonisation. The bank is committed to reducing its carbon footprint and promoting sustainable practices across its operations. In 2020, Credem joined the Net-Zero Banking Alliance, a global initiative that brings together banks committed to achieving net-zero greenhouse gas emissions by 2050. As part of this commitment, Credem has set a target to reduce its carbon emissions by 50% by 2030.

To achieve this goal, Credem has implemented a number of initiatives to reduce its energy consumption and promote renewable energy. The bank has invested in energy-efficient technologies and has implemented a corporate energy management system to monitor and control its energy use. Credem has also entered into corporate power purchase agreements (PPAs) to source renewable energy for its operations. In 2020, the bank signed a PPA with Enel Green Power for the supply of 10 GWh of renewable energy per year.

Credem has also taken steps to promote renewable energy among its customers. The bank offers a range of green financing solutions, including loans and leasing for renewable energy projects. Credem has also launched a green bond program to finance sustainable projects, including renewable energy.

In addition to its focus on decarbonisation, Credem is committed to promoting sustainable practices across its operations. The bank has implemented a sustainability management system to identify and address environmental, social, and governance (ESG) risks and opportunities. Credem has also developed a sustainability strategy that focuses on four key areas: responsible finance, environmental sustainability, social sustainability, and governance.

Credem's commitment to sustainability has been recognized by a number of external organizations. In 2020, the bank was included in the Dow Jones Sustainability Indices (DJSI) World and Europe for the fifth consecutive year. The DJSI is a global benchmark for corporate sustainability performance.

Credem's sustainability efforts are also aligned with the United Nations Sustainable Development Goals (SDGs). The bank has identified six SDGs that are most relevant to its business and has developed a roadmap to achieve them. These SDGs include affordable and clean energy, decent work and economic growth, industry, innovation and infrastructure, responsible consumption and production, climate action, and partnerships for the goals.

In conclusion, Credito Emiliano Spa is a leading banking group in Italy that is committed to promoting sustainable practices across its operations. The bank's focus on decarbonisation, corporate energy, corporate PPA, and renewable energy is aligned with its mission to provide innovative and sustainable financial solutions to its customers while contributing to the development of the communities it serves. Credem's sustainability efforts have been recognized by external organizations and are aligned with the United Nations Sustainable Development Goals.