Modelli Creditizi nel Contesto ESG: La Domanda dei Mutui delle Famiglie Consumatrici nelle Regioni Italiane

This study examines the impact of ESG-Environment, Social and Governance factors on the credit models of Italian banks and on household mortgage demand in the different macro-regions of the country from 2009 to 2022. The transition towards sustainable finance practices is analyzed in the context of the growing relevance of sustainability as a strategic driver for the competitiveness of banks. Through an econometric analysis based on panel data models, the paper investigates the relationship between ESG components and the value of mortgages granted to families. The results show that mortgages are positively influenced by credit support policies, urban redevelopment interventions and greater financial education in regions with high income inequality and severe housing deprivation. However, critical issues related to environmental and governance risks also emerge which can reduce the demand for mortgages in areas with significant waste management and landscape deterioration problems. The paper concludes with a discussion of policy implications and suggestions for further research in the field of sustainable finance and its effects on the banking sector and credit demand.