Author Archives: Redazione Economia e Politica

Esg Re-Evolution in Sace

DUBAI (ITALPRESS/MNA) – At COP28, a year after launching its “INSIEME 2025” Business Plan, SACE unveils its new ESG Strategy. This innovative approach is bound to revolutionize the Italian insurance-financial group’s business model, aligning it with the United Nations Sustainable Development Goals (SDGs). The primary goal of this strategy is to contribute to the community well-being and overall prosperity.
In front of an audience of more than 100 influential leaders from the GCC region, SACE presented its transformative strategy. This initiative will bring a substantial evolution in the company’s operational and business models. It integrates environmental, social, and governance criteria into every decision-making process and is underpinned by a scientific impact measurement system. Following the presentation, SACE also hosted a round table involving companies, financial institutions, and other stakeholders to explore solutions supporting this ESG evolution.
Accelerating companies’ transition represents the primary pillar of SACE’s Strategy, focusing on key sectors like renewable energy, circular economy, electric vehicles, and shared mobility. Particularly, it emphasizes SMEs, fostering a dedicated ecosystem for their development. The second pillar – becoming a “ESG Excellence Company” ensures the alignment of internal daily activities with ESG goals through initiatives reducing environmental impact, cultivating a sustainable supply chain, and nurturing sustainable leadership within SACE.
This strategy will be accompanied by an implementing Road Map, which will guide SACE in its evolution path by providing a clear and tangible direction to achieve ESG objectives. It will not only guide SACE during the Business Plan period (2024-2025) but also sets ambitious goals extending into 2030 and beyond.
“We are proud to unveil our ESG Strategy, a culmination of a year’s dedicated effort, especially on the grand stage of COP28 in the Gulf, a pivotal region influencing global energy balances and sustainability challenges,” stated Alessandra Ricci, CEO of SACE. “This Road Map is a collaborative endeavor involving all SACE stakeholders and our team. Together, we aim to amplify the impact of this transformative evolution”.
“This strategy embodies the dedication and passion of the SACE People seeking to embrace a new paradigm in their approach towards the world. Through our new ESG Strategy, the SACE Group embraces the challenges of sustainable development in an increasingly interconnected world, acknowledging that financial choices hold social and environmental repercussions, which, in turn, can have significant financial implications. Therefore, the decisions of a few can profoundly affect the well-being of many”, stated Michele De Capitani, Chief Financial & Sustainability Officer of SACE. “SACE’s commitment is dedicated to overseeing, monitoring, and influencing these interdependencies, not just for the benefit of shareholders but also for an expanding audience of stakeholders, encompassing the communities in which we operate”.

– Photo Sace press office –


East Mediterranean, hundreds of migrants presumed dead

VALLETTA (MALTA) (ITALPRESS/MNA) – The international NGO Alarm Phone confirmed that “a tragic shipwreck took place off Pylos despite that the Greek, Italian and Maltese authorities were informed about the boat full of migrants in distress since Last a Tuesday”.
According to Alarm Phone the last contact with the migrants from as made just before it capsized during the early hours of last Wednesday.
104 migrants were rescued, while 79 people have so far been found drowned. However, the number of death migrants is expected to increase. It is still unclear how many migrants were onboard the boat, with numbers varies from 400 up to 750 people.
The number of missing and assumed drowned would be 567 people if there were 750 people onboard, that would put the total death toll to almost 650 people.
The boat was packed on the outside of the deck and with hundreds of people inside the boat packed like sardines. The rescued and the those who were found drowned are most likely the migrants who were outside the boat.
According to testimonies from survivors the boat was packed with people, outside and inside, inside was mainly women and children while the men was sitting outside. “If this information is correct, most of the survivors and drowned are men, since they were the ones sitting outside on the boat,” said Alarm Phone.
Pictures published after the people arrived in the port of Kalamate, support the theory that the survivors were mainly men, no women or children were seen in any of the published pictures.
The chance of finding people who were trapped inside the boat when it went down, would be extremely difficult because it is 5,000 meters below sea level.
All survivors were taken to the port in Kalamate, where approximately 30 people needed medical care and transported to the hospital, and will eventually be taken to the reception and identification center in Malakasa. Nationalities of the people onboard were reported to be from Syria, Afghanistan, Pakistan, Palestine and Egypt.
Greece’s caretaker PM Ioannis Sarmas declared three days of mourning for the victims of one of the country’s deadliest shipwrecks involving refugees.
The European Agency Frontex confirmed that its surveillance aircraft detected the boat on Tuesday at 09:47 and immediately informed the competent authorities. It added that the agency is ready to support the Greek authorities in the ongoing SAR operation. “We are deeply moved by the tragic events that are unfolding off the coast of Greece. The search and rescue operation coordinated by Greek authorities is ongoing.”
In a statement, Alarm Phone urged all authorities to “Stop blaming people on the move for trying to escape your violence!
Stop blaming people on the move for their own death! Stop pushbacks, end death at sea, tear down Europe’s borders!”

  • photo Aegean Boat Report –


Ghribi “Agreement signed in Iraq, great opportunities for Italy”

MILAN (ITALPRESS/MNA) – The partnership between Italy and Iraq in the health sector has been strengthened. Kamel Ghribi, President of Gksd Investment Holding and Vice President of the San Donato Group, signed in Iraq “a preliminary agreement with the Governor of Basra Assad Al Eidani”. Ghribi announced the agreement on his Instagram profile, adding this is a symbol of commitment and determination in pursuing projects that will produce tangible benefits for Iraq and its people, while consolidating bilateral relations between Rome and Baghdad. The agreement signed with Sace includes the training of Iraqi doctors, an exchange and visiting doctors program and patient assistance at the hospitals of the San Donato Group.
Ghribi described the agreement as “a milestone of great importance for the sustainable development of the country and its health system”. He underlined “it is, in fact – one of the most significant agreements between GKSD-Gruppo San Donato and Iraq which will also include partnership projects in infrastructure and renewable energy. I am already planning a follow-up trip to define the details of further cooperation projects”.
During his trip, Ghribi also met Iraqi Prime Minister Muhammad Shiaa Al Sudani, Industry Minister Khalid Battal Al-Najim and the Mayor of Baghdad Ammar Musa Kadhim. “These very important and significant meetings, play a fundamental role in strengthening ties between Italy and Iraq, as well as supporting a partnership of exceptional value”, he concluded.

  • Photo GKSD –

Tunisia, Ghribi “Difference need not be Division”

ROME (ITALPRESS/MNA) – “Today marks the 12th anniversary of the Tunisian Uprising and I have faith that the Tunisian people will find a way to see that stability and prosperity are still within reach if we can try to set aside our differences and work together to make Tunisia the great nation it has the potential to be”. The financier and philanthropist Kamel Ghribi, president of Gksd Investment Holding and vice president of the San Donato group, writes on his Instagram profile.
“Our greatest and perhaps biggest resource is our people. Difference is the essence of humanity, so there will always be diverging opinions and political positions, but this need not be the cause of division – says Ghribi -. We can and must bring our differences to the negotiating table to find an agreement through compromise for the sake of our children’s future. We are a highly educated and erudite nation that was once the jewel of the Mediterranean; we happily welcomed tourists with our characteristic friendly openness offering them our unique hospitality. I urge my fellow Tunisians again to embrace the potential we have within our grasp and work with our international partners, on whom we can count on for support if we are to move forward into a more stable, economically stronger future. We cannot afford to let one another down any longer, only we Tunisians have the solution in our hands; therefore, I urge all sides to work together to build a country that respects differences and create a climate where no single side seeks victory, but rather, where all sides work together to make our country the only victor”.