Milan, 11 Oct. (Adnkronos) – “We felt the need to facilitate a discussion between public and private operators and the associative world on the value and commitment that the 'S' in Esg assumes". This is what Nadia Boschi, Head of Sustainability Italy&Continental Europe Lendlease, said about the conference 'Public-private governance for the creation of social value'.
“1500 billion euros of investments in social infrastructure, hospitals, schools, services will be needed to respond to the growing demographic needs and fragility of post-covid welfare by 2030. A figure that is very far from the current investment pipeline in Europe. The answer must be sought in a renewed conception of the public-private partnership institution – he states – As is the case of Mind, a public-private partnership between Lendlease and Arexpo. With a duration of 99 years, this formula guarantees a substantial alignment of interests that is already bearing fruit in the ex-expo area: we have managed to respond to healthcare and education needs in a single place dedicated to innovation, which will soon host the new Campus of the State University, the latter being the result of an innovative project financing model”.
The roundtable organized and promoted by the international group together with Plus Value, a company specialized in social innovation projects, was held today on the occasion of the 12th edition of the Salone della Csr e dell'innovazione sociale in Milan. The aim of the workshop was to understand how to effectively interpret the 'S' of Esg, as intended by the new European regulatory framework, and to reflect on issues such as the need for a common measurement standard for social impacts and how this can help to better understand the dynamics for the creation of social value by identifying the initiatives with the greatest impact.
Lendlease develops innovative solutions capable of generating positive social impacts within urban regeneration projects. “The 2121 program, creating innovative paths for the integration of prison inmates into the world of work, is a model of social innovation that, born within the development of Mind in collaboration with the prisons of Bollate and Opera, has proven capable of generating very high social value with a ratio of $1 : 10.3-13.9 and therefore can be assumed as a governance model”, says Boschi, Esg Director of Lendlease Italy Sgr.
In addition to virtuous cases, it is necessary to find governance models for a more effective involvement of private investors in achieving the objectives of sustainability, SDG and Just Transition. “The need for welfare services is growing, from affordable housing to cutting-edge infrastructure for health and education, but the increase in demand has corresponded over the years to a constant deficit of investments – says Filippo Addarii, founder and managing partner of Plus Value – We need private investments and partnerships with the public at the service of citizens. Sustainability measurement systems must be functional for this purpose, with greater emphasis on the S of ESG”.