29 January 2021

Compagnia di San Paolo publishes Strategic Plan 2021-2024

On 29 January 2021, Francesco Profumo, Chair of the Compagnia di San Paolo and Alberto Anfossi, its Secretary-General, presented the Turin-based foundation’s Policy Guidelines for 2021 and their Multi-year Policy Document for 2021-2024.

Highlights:

  • The objective of the plan is to generate an impact of at least €2 billion for the benefit of the Northwestern area, by leveraging over €500 million in funding planned for the four-year period
  • €155 million in funding for 2021 to generate an impact of at least €550 million
  • Cross-cutting dimensions of the plan – keywords: knowledge, well-being, opportunities, geography, green transition, digital transformation
  • Over €168 million in 2020 funding to support and develop 1086 projects
  • Total market value of the portfolio of financial assets: €6.7 billion

Two factors have lain in the orientation of the work of Compagnia di San Paolo for over four and a half centuries: people and the common good . Even now, the common good and our focus on people are the yardstick whereby we interpret the world. These act as a compass to help us clearly decipher the challenges we experience today”, stated Francesco Profumo, Chair of the Turin-based Foundation. “The perspective Compagnia intends to adopt will not so much be that of a “recovery”, but rather of a “new construction”.  All public policy, especially the National Recovery and Resilience Plan (PNRR), will therefore act as a benchmark for our work, along with an understanding of the specific needs, special features, strengths, weaknesses and signs of transformation that we can interpret in the region we focus on: northwestern Italy – namely Piedmont, Liguria and Valle d’Aosta.

Read the full press release (in English)

Funding highlights (in English)

Visit the virtual launch page (in Italian)