Sustainability and the circular economy: The role of the financial sector and the response of Intesa SanPaolo

This chapter aims to emphasize the importance of this transition and how the financial system can contribute to it, as it is known that it moves huge financial resources that drive the development of the economy. Banks, therefore, are called upon to shoulder this responsibility. As channellers of financial resources, they can contribute greatly to accelerating the transition to the circular economy by providing financial support, especially to those companies that fit into these innovative production models. Moreover, this approach would benefit the financial institutions themselves not only in terms of reputation enhancement, but also in terms of risk reduction.