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Partnership to map new risks and opportunities stemming from ClimateChange, inclusive EnergyTransition and reducing inequality

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Rome, July 7th, 2020

SACE and Enel Foundation have started a cooperation to support and promote the exports and the internationalisation of Italian companies, by enriching SACE risk and export maps assessing the effects of climate change, the opportunities and constrains deriving from the energy transition roadmaps while considering social compact trajectories.

The partnership will ultimately sustain Italian businesses export and internationalization efforts by providing enhanced tools to plan expansion to international markets selection and mitigate risks related to operating in new and often unknown geographies.

Alessandro Terzulli, Chief Economist of SACE, said, “we are very glad to start a partnership with Enel Foundation, which allows us to help Italian companies understand the impacts of climate change, energy transition, wealth and health distribution on their business activities. These three variables are becoming on a daily basis more strategic for business decisions”.

Carlo PapaManaging Director of Enel Foundation, commended, “we’re proud to cooperate with SACE a longstanding institution and its prestigious team of economists exploring risks and opportunities at the crossroad of climate, energy and wealth distribution to support the sustainable growth of Italian companies”.

SACE’s «Risk & Export index» is an indispensable tool for all Italian business abroad which already takes into account many different typologies of risks to which a Company working abroad could be exposed such as export, investments, credit and political risks.

The partnership now announced will see Enel Foundation and SACE working together to define three new dimensions of interest for exporters and investors regarding environment, socio-economical and energy related risks and opportunities. The new indicators will take into account the wealth and health distribution, the energy transition development, and the potential impacts from climate change in the Countries/economies covered by the index.

Read the piece by Sole24Ore on the partnership (IT) here

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