Last Month, IVECO and Eni had signed LoI in view of sustainable initiatives. Now, CNH Industrial is joining the group. The three players have signed a memorandum of understanding for potential joint social development initiatives in countries of common interest in the areas of agriculture, sustainable mobility and education, contributing in their respective industries.
The presence of CNH Industrial, whose focus is clearly on the agricultural sector, is due to the fact that the parties will now focus on enhancing the value chain in the agricultural sector to promote food security, increase the efficiency of farming and farmers’ access to the market, including through the development of solutions for more sustainable logistics and the movement of goods and people.
The partnership between IVECO, Eni and CNH Industrial
The partnership will also enable the provision of tangible social support through investment in the creation of high-quality training courses, thus expanding educational opportunities for young adults with a view to their entry into the workplace.
«New sustainable transport solutions must help achieve decarbonization and environmental protection targets. In the meantime, it is important to support continuous training projects that address the new challenges facing the entire production chain in the countries where we operate», commented Michele Ziosi, Senior Vice President of Institutional Relations & Sustainability, Iveco Group. «The ecological transition challenge must also bring about opportunities for economic and social growth. We will join forces with Eni and CNH Industrial to leverage each other’s expertise and pursue our commitment to accessible, inclusive and sustainable mobility».
«In today’s operating environment, individual initiatives are not always enough to effectively achieve the sustainability goals set by the international community. At CNH Industrial, we want to make our contribution to identifying and developing pioneering solutions and increasing sustainable agricultural practices. This is a sector that derives its strength from quality, production, traceability and having close ties to the land. It is also deeply impacted by the technological challenges of our present and future», added Carlo Lambro, Brand President New Holland Agriculture, a brand of CNH Industrial.
«This memorandum of understanding demonstrates the key role of the private sector in development financing, as highlighted by the UN Conference in Addis Ababa in 2015. Three leading private companies are pooling their expertise and experience in developing cooperation projects, technical training, and mechanisation to promote access to education and economic diversification in the relevant areas, boosting sustainability in the agricultural supply chain in the food and energy sectors», stated Guido Brusco, General Manager Natural Resources of Eni.