Intesa Sanpaolo is aware that the increasing competitive pressure caused by globalisation and the increasing power of the stakeholders' influence on the global market call for a corporate approach aimed at identifying opportunities and threats arising from Corporate Social Responsibility issues and geared towards promoting, with an approach also based on environmental protection and respect for human and labour rights, the adoption of similar policies also on the part of its Suppliers. Thus, it is in this context that the Group Procurement Guidelines and the related Implementing Rules were issued in 2013, transversally integrating social and environmental responsibility criteria.
These guidelines include, within the scope of the “centralised procurement” model, some "local" product categories which draw from local supplies in the case of goods or services for which the procurement market is typically local or closely tied to the specific market. Furthermore, they combine social and environmental responsibility criteria in a transversal and well-structured manner and require all the departments involved to take them in due consideration during the sourcing process, from the request for quotation to the request for the offer and supporting information.
In addition, with the main intention of unifying the rules and the purchasing processes and apply a standardised model to all the Intesa Sanpaolo Group companies, since 2012 it has been decided to centralise the group purchases by gradually integrating Banks, Italian Companies and almost all International Subsidiaries of the Group.
In 2015, the overall expenses incurred by the Intesa Sanpaolo Group totalled over 3.2 billion euro, broken down as follows:
2015 breakdown of administrative expenses by category [%]
It is also noted that the contracts made by Intesa Sanpaolo and Intesa Sanpaolo Group Service appear to have been entered into for the most part with European suppliers:
Suppliers by continent [%]