Training and capacity building on structuring the ESG strategy of Tuscan Cooperative Credit Banks

Title Training and capacity building on structuring the ESG strategy of Tuscan BCCs
Location Italy
Partner  Federazione Toscana Banche di Credito Cooperativo

Context
The ESG criteria—Environment, Social, and Governance—are of great importance to cooperative credit banks as they enable the analysis of activities beyond financial aspects, considering environmental, social, and good governance dimensions.
Cooperative credit banks are founded on the principles of mutuality and solidarity, which further underscores the value of enhancing their tangible commitment to various dimensions of sustainability

Integrating a robust ESG strategy not only improves public perception but also reduces long-term risks and promotes sustainable development at the local level.
Through an ESG strategy that systematizes their actions toward a more equitable and sustainable future, cooperative credit banks can continue to play a vital role in catalyzing positive societal change.

General Objective
ARCO was involved to enhance and strengthen the knowledge and skills of the ESG criteria among employees of the Tuscany Federation of Cooperative Credit Banks (Federazione Toscana BCC) and its associated banks

Our contribution
The Social Economy & Sustainability Management delivered two training courses for the employees of the Tuscany Federation of Cooperative Credit Banks.

The first course focused on sustainability and diversity management.  The second course, specifically designed for the ESG Ambassadors of the banks, concentrated on two of the three ESG criteria:  E(Environment), with an in-depth look at environmental certifications.  S (Social), with particular attention to the impact of the banks’ activities on their respective communities, the development of strategies to achieve social impact, learning about these strategies, and evaluating their effectiveness.

The training was complemented by brief consultancy sessions for each bank to address their specific needs.