03 May 2021 / News

Circular Economy: Intesa Sanpaolo and Panguaneta join forces for the poplar supply chain

Intesa Sanpaolo and Panguaneta have stipulated a cooperation agreement to further expand the circular economy and investment projects developed by the company for the poplar supply chain. The initiative falls within the “Sviluppo Filiere” Program promoted by Intesa Sanpaolo to help suppliers benefit from incentives and bank loans granted to the head of the supply chain,quickly obtain a wide range of loans on the best terms and streamline the loan disbursement.

"The cooperation with Intesa Sanpaolo represents a step forward along our 'green path' towards an increasingly aware corporate sustainability - Nicoletta Azzi, CEO of Panguaneta, says. “Our business relies on a circular economy by nature and our role as the leader of this project allows us to create a network with all companies belonging to our supply chain, which, in turn, will gain easier access to the loans intended for the development of their activities. This will gain to a virtuous mechanism, where the cascade credit facilities granted to the leader of the supply chain trigger new investments in the business network. We are proud to take part in an initiative aiming at enhancing the Italian poplar supply chain".

Click here to read the article on Il Sole 24 Ore