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Italian brand granted €3 million sustainability loan

Published: 2021-03-03

MILAN – Italian fashion company and certified B Corp Save the Duck has been granted a €3 million loan which will be used to accelerate its environmental, social and governance (ESG) operations.

The sustainability loan was awarded by Italy’s largest bank, Intesa Sanpaolo, and requires Save the Duck to pay it back over the next six years.

“This financial transaction is a further confirmation of the goodness of the path undertaken by Save The Duck in the name of 360-degree sustainability, which we hope will also be an example for other companies active in the most diverse markets,” said the brand’s CEO, Nicolas Bargi.

Source:Eco Textile