Iniziativa ESG Newsletter | October 2025

Thermal Account 3.0: MASE launches new €900 million plan for energy transition

With the approval of the Joint Conference, the Ministry of the Environment and Energy Security (MASE) has adopted the decree that officially gives the go-ahead to the Thermal 3.0 Count, the new incentive mechanism dedicated to interventions of small dimensions for energy efficiency and thermal energy production from renewable sources.

The measure, defined by Minister Pichetto as "a strategic tool for decarbonisation and energy saving", provides Annual spending of 900 million euros, of which 400 million is allocated to the Public Administration and 500 million to private individuals.

The new scheme introduces procedural simplifications, broadens the range of beneficiaries and updates the types of intervention eligible for assistance, in line with technological evolution and market prices. The third sector entities are now equated to public administrations, while the scope of energy efficiency interventions also extends to private non-residential buildings.

Among the most significant innovations are the inclusion of photovoltaic systems with storage systems and charging stations for electric vehicles, which can be incentivised if installed together with the replacement of the heating system with electric heat pumps.

The decree also recognizes a average coverage of 65% of eligible expenses, which can reach up to 100% for interventions on schools, hospitals, public health facilities and buildings in small municipalities.

A further innovation concerns access to incentives also through Renewable Energy Communities (CER) or collective self-consumption configurations, thus strengthening the role of local participation in the energy transition.

Il Gestore dei Servizi Energetici (GSE) will update the IT portal for submitting requests within 60 days.

🔗 For more information: info@iniziativa.cc

Source: https://www.mase.gov.it/portale/-/energia-via-libera-al-conto-termico-3.0-piu-incentivi-per-efficienza-e-rinnovabili-negli-edifici

CDP Green Bonds: Digital Innovation and Sustainability for Institutional Investors

Cassa Depositi e Prestiti (CDP) returns to the sustainable emissions market with the second Green Bond, an operation from 500 million euro a , reserved for institutional investors. The issue attracted strong interest, gathering requests for 2,5 billion euros, equal to five times the offer, with significant international participation (73% of the final allocation).

The distinctive element of this operation is the integration of the blockchain technology for certification of green resource allocationBy tokenizing the reporting process, investors will be able to transparently verify the destination of their proceeds and the environmental impacts generated, accessing official, digitally notarized data.

CDP thus strengthens its role as promoter of thetechnological innovation at the service of sustainable finance, ensuring greater transparency, traceability and trust between issuer and investors. Blockchain notarization, in fact, ensures the immutability of information and direct access to certified issuance data, marking a step forward in digitalization of ESG reporting.

🔗 For more information: info@iniziativa.cc

Source: https://www.corriere.it/economia/risparmio/25_giugno_20/cdp-il-nuovo-green-bond-corre-con-la-blockchain-per-certificare-l-allocazione-sostenibile-delle-risorse-7c9b57ad-74e5-4c40-ae38-1bedb54f6xlk.shtml


 

ESG assurance is growing: 65% of companies verify their sustainability data.

The number of companies that submit to independently verify your ESG data is constantly increasing: in the last year, the 65% of companies has obtained assurance — both with a moderate level of assurance and with more thorough checks — on at least some of its sustainability information, compared to 50% the previous year. A trend that signals the market maturation and the expansion of the scope of information subject to validation, demonstrating how companies are going beyond simple regulatory compliance to transform ESG data into levers for strategic improvement.

The main challenges remain the complexity of the metrics provided by the ESRS standards, the management of the Double Materiality Assessment, the difficulty in finding reliable data along the value chain and the lack of internal specialist skills. However, the consolidation of reporting practices and the simplifications introduced by the Omnibus package they are promoting a progressive standardization of processes.

Globally, the average level of maturity of companies in terms of ESG assurance continues to grow: the most advanced companies are already integrating the verification of ESG data in the annual financial statements, often in coordination with financial audit. This approach ensures greater information coherence, reduction of duplications and more effective communication with stakeholders.

Organizations that invest in a structured ESG assurance journey record tangible benefits:

  • greater confidence by investors and stakeholders,

  • improvement of the data quality and reliability,

  • strengthening of corporate reputation,

  • process optimization and risk reduction,

  • increase of shareholder value and long-term competitiveness.

In short, ESG assurance is no longer just a response to regulations: it is a key element of governance and value creation, capable of strengthening the company's positioning in the new sustainable finance scenario.

🔗 For more information: info@iniziativa.cc

Source: https://esgnews.it/focus/analisi-e-approfondimenti/cresce-la-esg-assurance-dati-piu-affidabili-migliorano-performance-e-reputazione/

Iniziativa at the 2025 CSR and Social Innovation Fair: A laboratory of ideas for a sustainable future for businesses

We participated in the 13th edition of the CSR and Social Innovation Fair, hosted by Bocconi University from 8 to 10 October 2025: the The main national event dedicated to the themes of corporate social responsibility, sustainability, and impactful innovation.

Three days of discussion between companies, institutions, universities and third sector organisations, with over one hundred meetings and hundreds of speakers, to reflect on the the role of companies in building more equitable, digital, and regenerative development models.

During the Salon the following were discussed:

  • Digital and green transition, two dimensions that are inseparable today in corporate innovation processes;

  • Artificial intelligence as a lever to improve efficiency, governance and transparency in ESG data management;

  • Impact measurement and reporting, a theme that has now become central to evaluating the real value generated by businesses and organizations;

  • International certifications and standards, essential for strengthening credibility and competitiveness on the market;

  • Dialogue between business and culture, recognized as a new form of social and territorial partnership.

Our participation stems from the belief that sustainability is not just a technical or regulatory area, but a lever of innovation and shared value for all economic and institutional entities. Being present at the CSR 2025 Fair represented for us an opportunity to update, discuss, and actively listen to the issues that guide our daily work with public bodies, businesses, and local communities.

Global Energy: Renewables dominate coal generation for the first time

For the first time in history, the renewable energy have surpassed coal in global electricity production. This is what emerges from the latest report by theInternational Energy Agency (IEA), which represents a symbolic milestone but also highlights a slowdown in the growth of clean sources.

Despite robust expansion of solar, wind and hydropower, the current trajectory does not appear sufficient to achieve the target set by COP28 of tripling the installed capacity of renewables by 2030According to the new estimates, the overall capacity will stop at 2,6 times higher that of 2022, a lower figure than the 2024 forecasts.

Two factors in particular are responsible for this slowdown: early end of federal tax incentives in the United States, which has reduced the growth forecasts for the American market by almost 50%, and the China's transition from a regulated tariff system to auction mechanisms, which have compressed the profitability of new projects.

The good performances recorded in Europe and India are not enough to compensate for the decline in the two main global markets. The IEA estimates, however, an increase in renewable capacity of 4.600 gigawatts by 2030, equivalent to the current combined production of China, the European Union and Japan.

Driving the growth will be the Solar photovoltaic, which will represent approximately 80% of new installed capacity, followed by wind, hydroelectric, bioenergy and geothermal.

🔗 For more information: https://www.lifegate.it/rinnovabili-superano-carbone-crescita-rallenta

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€1.9 billion Production investments supported | €435 billion Investments in Research & Innovation subsidized | 200 active customers with hundreds of completed transactions | 100 Project Financing/PPP Operations Supported | €1.9 billion Production investments supported | €435 billion Investments in Research & Innovation subsidized | 200 active customers with hundreds of completed transactions | 100 Project Financing/PPP Operations Supported |  

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