At the prestigious Qorus-Infosys Finacle Banking Innovation Awards held on October 8, 2024, in Faro, Portugal, Intesa Sanpaolo claimed first place in the Social, Sustainable & Responsible Banking category for its innovative "ESG Scoring" project. This solution integrates Environmental, Social, and Governance (ESG) criteria into customer evaluations, addressing a key gap in the market by covering SMEs that typically lack access to formal ESG ratings.
Intesa Sanpaolo’s proprietary ESG Scoring model draws from multiple data sources and utilizes a robust methodology, informed by the best practices and market standards. With this approach, the bank can generate comprehensive ESG profiles for over 230,000 corporate clients, enhancing the decision-making process for businesses of all sizes. The solution provides transparency and supports sustainable business practices, reinforcing the importance of ESG factors in today’s financial landscape.
The award also recognized Intesa Sanpaolo as the “Transformative Innovator of 2024” for its ongoing commitment to innovation and digital transformation. The bank's agility and forward-thinking approach allow it to remain relevant and competitive in the constantly evolving business environment.
The Qorus Innovation Awards, now in its eleventh year, highlight the most innovative ideas and projects in banking, with a focus on transformation and sustainable practices. This year’s competition featured 390 projects from 177 financial institutions across 57 countries, with entries ranging from startups to major global banks.
Qorus, founded in 1971, is a global non-profit organization dedicated to fostering innovation and collaboration in the banking and insurance sectors. The recognition of Intesa Sanpaolo at this year’s awards underscores the bank’s leadership in driving positive change in the financial industry.
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