Page 110 - Consolidated Non Financial Statement

Banca Ifis

| 2020 Consolidated Non-Financial Statement
The internal and external relevance scores were subsequently arranged in a matrix.

Finally, the Group confirmed a relevance threshold of 3,5 (in line with previous years) for the purposes of the 2020 Non-
Financial Statement, capable of representing in a significant manner the strategic importance of the topics to Banca Ifis's
Business as well as the needs and expectations of its stakeholders.

[GRI 102-44]
[GRI 102-49]
In 2019, following the evidence that emerged from the internal and external listening path, it was considered appropriate
to make the following changes:

• incorporation of the topic “Development of products and services with social and environmental impacts” and
the topic “Responsible lending” into a single topic “Sustainable finance”, with the aim of optimising the Bank’s
relevant initiatives and policies within a single macro topic that covers the aspects of the value chain (product
development and credit);
• inclusion of the topic “Employee engagement and listening” in the other topics linked to personnel
management insofar as the topic has been conceptualised transversally toward other topics relating to the
Group’s human resources (employee well-being, promotion and development of employees and diversity and
inclusion).
Additionally, differently to previous years, the 2019 materiality analysis revealed that the topic of “Direct environmental
impacts” was relevant, showing the growing sensitivity towards the matter by the Group and its stakeholders.

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