Background

Over time, the way Italians save money has changed, less focused on a precautionary approach dictated by the need to set aside money for emergencies. Today, customers have different needs and a modern approach to investing.
Poste Italiane, therefore, has a key role to play in guiding this market transition, considering that the passbooks and postal bonds have earned the trust of 27 million Italians today. And the company has chosen to do so offering sustainable asset management products by integrating ESG (environmental, social and governance) considerations into investment choices.
This is a great responsibility for Poste Italiane, which operates in a country where financial literacy is below the international average. A study by the Bank of Italy in 2020 showed that 21% of Italians have poor financial knowledge and 30% have insufficient know-how to make careful financial decisions. That’s half the population!
Poste Italiane’s commitment
Poste Italiane is on a journey where the transition in client needs – and thus Poste products – does hand-in-hand with the ESG transformation of Poste as a company, a key part of the “2024 Sustain & Innovate” strategic plan. Poste Italiane has formalized its commitment to sustainable economic and social development through the gradual integration of ESG principles into the investment processes of Poste Vita and BancoPosta Fondi SGR as well as the development of insurance products.
This means that Poste invests the savings of its customers in bonds issued by supranational and governmental bodies and in companies selected according to the following criteria:
This means that Poste invests the savings of its customers in bonds issued by supranational and governmental bodies and in companies selected according to the following criteria:
- Positive screening: to analyze and calculate the ability of each entity and related products to generate a positive social and/or environmental impact;
- Negative screening: to exclude from investments those entities and/or related products that are considered damaging to people and/or the environment.
Find out more about our Responsible Investment Policy.

Poste Italiane’s ESG journey

In this context, the introduction of policies aimed at covering responsible investment has contributed in giving value to its ESG journey. In fact, the latter have guided the Group in defining and identifying sustainability outcomes, in terms of making a positive contribution to ESG challenges – such as, for example, combating climate change, supporting human rights, and fighting corruption – as well as in measuring and monitoring the results produced by its sustainable investments.
Through, for example, key performance indicators declined in terms of resource efficiency related to the use of renewable energy, Poste Vita and BancoPosta SGR can monitor and measure the positive contribution of their investments in the context of the challenge of climate change.
In addition, intending to follow up on its ESG journey, the Group has set the goal of integrating ESG criteria for all Poste Vita products by 2024 and increasing BancoPosta SGR's investments involving such integration to 75 % by 2023.
At the same time, Poste Italiane aims to increase its customers’ exposure to capital markets rather than to guaranteed investment products. In the field of life insurance, the plan seeks to increase multi-class policies, aiming to exceed 60% of gross written premiums (GWP) allocated to this type of policy, compared to 34% in 2020 and just 4% in 2017.
Furthermore, Poste Italiane is included in some of the most important sustainability indexes and is subject to continuous monitoring and assessment processes by the most globally prominent ESG rating companies.
Three key points
Sustainable Investment Fund

Poste Investo Sostenibile is a bond for those who want to invest responsibly in the promotion of ESG impacts and do their part for a future rooted in long-term sustainable growth.
The result of a 30-year partnership in the field of responsible investments between BancoPosta Fondi SGR and Amundi SGR, the fund takes a prudent approach and is based on solid geographic and market diversification.
This is an example of a product that gives Poste Italiane customers the chance to invest in stock and bond markets with an ESG focus.
Find out more about the BancoPosta Fondi SGR products that address ESG
Moreover, as part of its activity as an Asset Manager in the market, and aware of its role, BancoPosta SGR offers clients different types of sustainable investment products and services, representative of specific characteristics and classifiable into different ranges of investments.
Find out more about the sustainable investment products and services offered by BancoPosta Fondi SGR in 2022