Standard Ethics has improved the short-term outlook of Banca Monte dei Paschi di Siena which goes from 'Stable' to 'Positive'.
The rating agency highlights the value of the interventions carried out following the 2022-2026 Industrial Plan and the definition by the bank of the new sustainability plan and the actions aimed at integrating ESG (Environmental, Social, Governance) factors into the corporate strategy and the management framework. risk management, as well as the pursuit of commitments made in accordance with the international sustainability guidelines of the UN, OECD and European Union.
Standard Ethics has also confirmed the Corporate StandardEthics Rating 'EE', bringing the estimate for the 'EE+' upgrade to 12-24 months.
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