Speciale EMO 2021

41 Speciale anteprima notevolmente crescendo gli investimenti in as- sets sostenibili. Il rischio climatico si configura certamente come un rischio di investimento, ma rappresenta allo stesso tempo un’opportu- nità di investimento storica. I criteri ESG e le PMI Come si pone il settore delle macchine utensili nei confronti dei criteri ESG? Lo abbiamo chie- sto a Massimo Carboniero, coordinatore Co- mitato Marchio Ucimu-Sistemi per Produrre e past president dell’associazione, che afferma: “La sostenibilità non è solo un impegno mora- le, un mezzo per lottare contro l’inquinamento o per affrontare i cambiamenti climatici e sociali, ma oggi nelle sue tre declinazioni, ovvero am- tegie che presiedono alla guida di un’azienda o di uno Stato: strategia fiscale, remunerazione dei dirigenti, donazioni e pressioni politiche, corruzione, diversità e struttura di governo aziendale e statale. Nella lettera annuale di Lar- ry Fink, numero uno di BlackRock, il più gran- de gestore del mondo, ai CEO delle aziende in cui la società investe si sottolinea come stiano ESG criteria and SMEs How is the machine tools sector behaving when it comes to implementing ESG criteria? We asked Massimo Carboniero, brand committee coordi- nator for Ucimu-Sistemi Per Produrre (the Italian association of machine tools, robots and automa- tion systems manufacturers) and former presi- dent of the association, who said: “Sustainability is not just a moral commitment, a way of fighting pollution and tackling climate change, but now specifically distinguishes between environmen- tal, social and governance aspects, an approach that is becoming more and more of a priority for our companies, and impacting everyday life. On a European level, new rules and parameters on sustainability have been introduced, which in- clude the environment (needless to say), but also social matters and everything to do with the wel- fare of employees and collaborators.” These criteria have already been taken on board by the big listed companies, which are required to produce a sustainability report. But now SMEs are also involved in the process, and this, says Carboniero, “has an impact on the activ- natural resources, the preservation of biodiver- sity, greenhouse gas emissions, deforestation and climate change. Social factors concern the ways in which companies and state entities treat people: relations with employees, work- ing conditions, including child labour and slav- ery, the financing of projects or institutions to help poorer communities in under-developed countries around the world, health, safety and the management of social conflict. Governance factors comprise all those structures, rules and strategies that govern the way a company or state entity is run: fiscal strategy, remuneration of executives, donations and political pressure, corruption, diversity and the way companies and state-run organisations are run. In the let- ter sent out by Larry Fink, head of BlackRock, the world’s largest asset manager, to the CEOs of the companies in which it invests, he pointed out the considerable increase in investments in sustainable assets. Climate risk is undoubtedly an investment risk, but at the same time the cli- mate transition presents a historic investment opportunity.