THE EPTA SUPPLY CHAIN GAINS IN SUSTAINABILITY THANKS TO THE NEW DEUTSCHE BANK FINANCING PROGRAMME

Epta participates in the innovative Deutsche Bank financing programme, thanks to which its Italian supply chain gains in sustainability. This initiative, unique in its kind for the Group, marks an important step forward and inserts itself into its ESG strategies, aimed at promoting virtuous economic growth in environmental, social and governance terms.

The supply chain finance (SCF) plan provides that Epta suppliers receive the payment immediately after the approval of an invoice, while the financial costs for the suppliers are based on Epta’s credit rating. A further advantage of this sustainability- linked SCF is that the suppliers can further reduce the financing costs in the supply chain if they improve their ESG rating, in this case the one established by the international sustainability rating platform EcoVadis. The more an operator works in a sustainable manner, the greater the advantage in terms of price.

THE SCF PROGRAMME MULITPLIES THE BENEFITS OF THE COLLABORATION BETWEEN THE EPTA GROUP AND ECOVADIS

Participation in the new financing programme, developed by Deutsche Bank, multiplies the benefits of the existing collaboration between Epta and Ecovadis which, launched in April last year, aims at shaping a responsible and resilient ecosystem along the entire supply chain.

Epta has entrusted itself to Ecovadis, the international rating platform on the sustainability of companies, to monitor the operations of its business partners and analyse their performance.

The Ecovadis assessment model allows to identify the strong points and the areas of improvement of the single suppliers, thanks to the analysis of different parameters, including compliance with ESG criteria, work ethic and respect for human rights, and work out a score, as meritocratic factor, to take advantage of the benefits connected with the programme.

To conclude, the partnership between Deutsche Bank and Ecovadis is fundamental for Epta, which can thereby satisfy and exceed the expectations of sustainability of clients, investors, and key stakeholders, confirming itself as Green Transition Enabler of the entire refrigeration sector.