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Environmental & Social Information • Jan 29, 2024
4232_rns_2024-01-29_8c2d234b-570d-43df-b52e-24d3f5981373.pdf
Environmental & Social Information
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PRESS RELEASE
BFF improves ESG rating from Morningstar Sustainalytics ranking second in its sub-industry among companies with a similar market capitalization
The Group improves its score to 17.0 from 18.1 in the "Low Risk" category
Milan, 29 th January 2024 - BFF Bank S.p.A. ("BFF", or the "Group") is proud to announce that, following the independent annual assessment by Morningstar Sustainalytics* , the Group scored 17.0 in ESG risk rating, with an improvement versus the previous analysis, confirming the "Low Risk" category.
Morningstar Sustainalytics' rating contributes to enhancing transparency and visibility on BFF's sustainability path, measures the Group's exposure to industry-specific material ESG risks, and assesses the management behaviour in addressing those risks.
BFF ranks in the 11th percentile of its sub-industry, Regional Banks, in the 16 th percentile of the Banks category and in the 18 th percentile of the Morningstar Sustainalytics' universe1 .
BFF has also ranked second in its "sub-industry" among companies with market capitalization of c. USD 2.1 bn.
For more information on BFF's sustainability policy and Sustainalytics' rating, please refer to the Sustainability section on BFF's website.
*Morningstar Sustainalytics is a leading ESG research, ratings and data firm that supports investors around the world with the development and implementation of responsible investment strategies. For nearly 30 years, the firm has been at the forefront of developing high-quality, innovative solutions to meet the evolving needs of global investors. Sustainalytics disclaimer.
Copyright ©2023 Morningstar Sustainalytics. All rights reserved. This press release contains information developed by Sustainalytics (www.sustainalytics.com). Such information and data are proprietary of Sustainalytics and/or its third party suppliers (Third Party Data) and are provided for informational purposes only. They do not constitute an endorsement of any product or project, nor an investment advice and are not
1 1 st percentile means lower risk.
warranted to be complete, timely, accurate or suitable for a particular purpose. Their use is subject to conditions available at https://www.sustainalytics.com/legal-disclaimers.
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This press release is available on-line on BFF Group's website www.bff.com within the Investors > PR & Presentations section.
BFF Banking Group
BFF Banking Group is the largest independent specialty finance in Italy and a leading player in Europe, specialized in the management and non-recourse factoring of trade receivables due from the Public Administrations, securities services, banking and corporate payments. The Group operates in Italy, Croatia, the Czech Republic, France, Greece, Poland, Portugal, Slovakia and Spain. BFF is listed on the Italian Stock Exchange. In 2022 it reported a consolidated Adjusted Net Profit of €146.0 million, with a 15.5% Group CET1 ratio at the end of September 2023. www.bff.com
Contacts
Investor Relations
Caterina Della Mora Marie Thérèse Mazzocca +39 02 49905 631 | +39 335 1295 008 | +39 335 6709492 [email protected]
Media Relations [email protected]
Alessia Barrera Director, Communication and Institutional Relations
Press Office Sofia Crosta +39 340 3434 065