- This collaboration will drive investment in energy efficient machinery for Italian textile manufacturers, supported by tailored advisory and financing solutions on IvyDecarb's digital marketplace.
- Partnership combines UniCredit's ESG and financing expertise with IvyDecarb's unparallelled access to the global textile industry.
UniCredit has announced a strategic partnership with IvyDecarb to accelerate the decarbonisation of the Italian textile sector - a key driver of the economy - and enhance supply-chain resilience.
From today, the first wave of Italian textile manufacturers will be able to access the IvyDecarb's platform, a digital marketplace which connects them with buyers, machinery manufacturers, textile producers, and financial institutions.
From here, they can use the marketplace to identify how they can reduce their carbon footprint and engage producers that make the necessary machinery and equipment. With UniCredit plugged into the marketplace, these textile manufacturers can now also benefit from tailored advisory and financing solutions to fund these investments - ensuring they remain adaptable and resilient while driving long-term value creation.
Sam Kendall, Head of Advisory & Financing Solutions at UniCredit, said:
"Delivering sustainable, flexible and scalable solutions that meet our clients' needs and aspirations remains a top strategic priority. This partnership reaffirms our commitment to climate transition and to supporting our clients as they look to build more sustainable and resilient business models that deliver long-term value."
Javier Bernal Dionis, CEO at Ivy Decarb Marketplace, said:
"We're proud to partner with UniCredit to accelerate the decarbonisation of the textile sector. The growth of our marketplace benefits all its members, and the inclusion of leading fashion brands and its suppliers marks an important step forward. Together, we're providing the industry with the tools and financing needed to achieve their decarbonisation goals."
The marketplace is also designed to be scalable and will enable future expansion across other sectors and UniCredit's core markets.
By combining UniCredit's ESG and financing expertise with IvyDecarb's unique access to the textile and manufacturing industry, this partnership will open new opportunities for suppliers to access investment and evolve their business models to become more sustainable and resilient, while delivering long-term value.