In the Italian context, sustainable finance has had very significant expansion in recent years to the cultural change underway and to structural regulatory and market changes. On the one hand, greater awareness has developed of the positive role that finance may have in mitigating external adverse impacts on the environment and society caused by economic activities, also thanks to the strong influencing action of European Regulations. On the other hand, non-financial information has become more structured, allowing sustainability ratings to be built thanks to the enactment of regulations that make ESG disclosure mandatory for an increasing number of companies.