Sustainability initiatives in banking: Green financing and responsible investments
Professor Savioli highlights the role of regulations, such as the Sustainable Finance Disclosure Regulation (SFDR), in shaping banking strategies. This regulation mandates environmental, social, and governance (ESG) disclosures for asset managers, promoting transparency and accountability in responsible investments.
However, he also warns about potential pitfalls. “We need to be cautious because, sometimes, green financing can be misleading. For example, some green investments still support industries like armaments, which contradict the principles of sustainability. It’s important to scrutinize these initiatives carefully to ensure they align with their intended goals,” he cautions.
The sustainability strategy at the University of Salento
Beyond his work in banking, Professor Savioli is actively involved in the sustainability strategy at the University of Salento. The university is currently developing new sustainable infrastructure, supported by European funding.
“We’re using this opportunity to rethink the conversion of our buildings in line with sustainability goals, paying close attention to materials, energy efficiency, and accessibility for people with disabilities. It’s an important step toward aligning our physical spaces with our sustainability values,” M. Savioli shares.
Collaborations within the ATHENA alliance
The University of Salento is also an active member of the ATHENA European university alliance. Professor Savioli highlights recent activities focused on gender equality and sustainability within the alliance.
“Within ATHENA we have a special task force, which is leading sustainability on campus action. University of Vigo, leads efforts on gender equality, and Maria Curie-Skłodowska University, which focuses on well-being. At the University of Salento, is leading efforts on environmental sustainability, the same area where VILNIUS tech has a broad expertise” he explains. Task force within the alliance holds regular meetings, with the next major gathering in October 2024 in Lublin, Poland, where further action directions will be discussed.
Personal motivation: Sustainability and gender balance
When asked about his personal motivation for focusing on sustainability and gender balance, Professor Savioli’s response is heartfelt.
“I care deeply about the future. If we want the human experience to continue in a positive direction, we must focus on sustainability. It’s about empathy – caring for the planet and future generations. Gender balance is equally important to me. I’ve always valued diversity, and I believe it enriches both personal and professional growth,” he reflects.
Professor Savioli concludes by emphasizing the natural desire to strive for balance in all aspects of life. “I believe it should be natural for all human beings to seek balance and sustainability. It’s what will ensure a better future for everyone.”
