SACE and Eni Partner to Drive ESG Transformation for Italian SMEs through Integrated Open-es Alliance

SACE and Eni Partner to Drive ESG Transformation for Italian SMEs through Integrated Open-es Alliance

(IN BRIEF) SACE and Eni have formed a strategic partnership to boost the sustainability and competitiveness of Italian businesses, particularly SMEs. Through the integration of SACE’s ESG Hub and Eni’s Open-es platform, the alliance will provide companies with enhanced tools and resources to measure and improve their ESG practices. This partnership, which strengthens the public-private Open-es alliance, aims to foster sustainable business models by offering practical solutions for Italy’s economic transformation.

(PRESS RELEASE) ROME, 5-Nov-2024 — /EuropaWire/ — SACE and Eni have announced a strategic collaboration aimed at enhancing support for Italian businesses, particularly small and medium-sized enterprises (SMEs), as they work toward integrating sustainability with competitiveness. Through this partnership, the two organizations will merge their respective ESG platforms — SACE’s ESG Hub and Eni’s Open-es — to streamline resources for companies seeking to strengthen their sustainable business models.

SACE, which recently launched the ESG Hub as a comprehensive support system for SMEs, is joining Open-es as a Strategic ESG Partner. This move further solidifies the Open-es alliance as a public-private initiative, fostering cooperation among major Italian business associations and institutions. By integrating their platforms, SACE and Eni aim to provide practical tools and simplified processes for businesses to evaluate and enhance their environmental, social, and governance (ESG) performance.

The Open-es platform, launched in 2021, now includes over 25,000 companies and 40 partners across sectors such as finance, industry, and trade associations. This alliance serves as a model of effective collaboration, offering actionable solutions to support the transition of Italian businesses towards sustainability.

Antonio Frezza, SACE’s Chief of Marketing & Communications, emphasized the partnership’s role in fostering digital and sustainable transformation. He highlighted that the SACE ESG Hub is specifically designed to support the strategic sectors of Italy’s economy through an evolving ecosystem of resources, from financial services to specialized training programs.

Eni’s Head of Procurement, Costantino Chessa, echoed this vision, underscoring the value of integrating resources from across institutional, industrial, and financial domains to advance sustainable growth. He noted that the Open-es platform provides a foundation where these collaborations can take shape, supporting SMEs in their ESG efforts and enhancing the competitiveness of Italian supply chains.

This partnership reflects the mutual dedication of SACE and Eni to equipping businesses with the tools they need for sustainable growth, aligning with Italy’s goals for an inclusive and forward-looking economic landscape.

Open-es is a system alliance that brings together the industrial, financial, associative and institutional sectors on a digital platform to support businesses in their growth journey towards sustainability. This free and flexible platform enables all enterprises to embark on a guided path that dynamically tracks their ESG maturity level, thus adapting to different sectors and business types, from SMEs to large industrial groups. To date, more than 25,000 companies from 66 different industry sectors have joined the alliance which aims to foster collaboration and growth along industrial supply chains while improving ESG performance.

SACE is an Italian insurance-financial group controlled directly by the Italian Ministry of the Economy and Finance. Its mission is to support businesses and the national economy through a wide range of instruments and solutions to improve competitiveness in Italy and worldwide. For over forty-five years, the SACE Group has been the partner of reference for Italian enterprises looking to export and grow on international markets. The Group also works with the banking sector, providing financial guarantees to ensure companies have access to credit to support their liquidity and investments in business competitiveness and sustainability, as part of Italy’s Green New Deal for the domestic market. SACE is present worldwide with 13 offices in target countries for Italian products, with the aim of building relationships with leading local counterparts and facilitating business with Italian companies through dedicated financial instruments. With insured transactions and guaranteed investments worth EUR 260 billion on its books, the Group serves around 50 thousand enterprises, for the most part SMEs, supporting their growth in Italy and in 200 countries worldwide.

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SOURCE: Eni