Enpaia, first social balance sheet and an observatory launched with Luiss on finance and agriculture
In 2024, the organisation invested over 400 million in Made in Italy agribusiness
More than 400 million invested in the real economy to support Italian businesses in the agrifood sector, equal to 43% of the Foundation's total investments in 2024, and guarantee not only the solidity of companies but also employment, incomes and the spending power of families, in order to build a new social pact between generations. This figure emerges from thefirst social report of the Enpaia Foundation presented today in Rome at Villa Blanc, headquarters of the Luiss University. The birth of a joint observatory on finance and agriculture was announced on the occasion.
The report certifies the economic-financial soundness of the Agricultural Welfare Fund: the 2024 surplus reaches 22.8 million euros, up 40% from 16.2 million in 2023, while net assets stand at 2.14 billion, confirming the long-term stability of management; preliminary figures for the 2025 budget project a surplus of 25 million.
The most significant operations include the participations in Masi, Bf and Granarolo, in addition to the recent investment in Novamarine, Italian excellence in shipbuilding. To these transactions are added €254.2 million allocated in EEG instruments, supporting ecological transition and sustainable innovation.
"The first social report was created to measure and make visible the overall impact of the organisation: economic, social and environmental. Not only solid financial results, but also the ability to generate value for members, support innovation in the agricultural sector and develop an increasingly evolved integrated welfare model," said Foundation President Giorgio Piazza.
"From this balance sheet," added General Manager Roberto Diacetti, "it is clear that institutional investors, such as pension funds, banking foundations and insurance companies, could play a driving role to the benefit of the economy. With the approach of a 'patient but demanding investor', the Cassa is promoting concrete sustainability, with 250 million in ESG instruments'. This year, the eighth edition of the Enpaia Forum will move from Rome to Milan, at the Italian Stock Exchange, 'to dialogue directly with the financial heart of the country'.
