Intesa Sanpaolo, a leading Italian banking group, is headquartered in Turin, Italy. Established in 2007 through the merger of Banca Intesa and Sanpaolo IMI, the bank has rapidly become a key player in the European financial sector, with a strong presence across Italy and significant operations in Central and Eastern Europe. Specialising in retail banking, corporate banking, and wealth management, Intesa Sanpaolo offers a diverse range of products and services, including loans, investment solutions, and insurance. Its commitment to innovation and customer-centric solutions sets it apart in a competitive market. Recognised for its robust financial performance, Intesa Sanpaolo consistently ranks among the top banks in Europe, reflecting its strong market position and dedication to sustainable growth.
How does Intesa Sanpaolo's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Intesa Sanpaolo's score of 50 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Intesa Sanpaolo reported total carbon emissions of approximately 55,893,000 kg CO2e, comprising Scope 1 emissions of about 50,475,000 kg CO2e, Scope 2 emissions of approximately 18,591,000 kg CO2e, and Scope 3 emissions of around 41,560,000 kg CO2e. The bank has committed to achieving net-zero emissions across all scopes by 2050, aligning with the Science Based Targets initiative (SBTi). In 2022, the bank's emissions were approximately 50,745,000 kg CO2e, with Scope 1 emissions at about 59,030,000 kg CO2e and Scope 2 emissions at approximately 16,838,000 kg CO2e. The bank's long-term targets cover 8% of its total investment and lending portfolio, with a focus on required activities that constitute 16% of its total balance sheet assets. Intesa Sanpaolo's commitment to reducing its carbon footprint is evident in its near-term target to align with a 1.5°C pathway by 2030, ensuring that its operational emissions (Scopes 1 and 2) are consistent with necessary reductions to limit global warming. The bank's proactive approach reflects its dedication to sustainability and climate responsibility within the financial sector.
Access structured emissions data, company-specific emission factors, and source documents
Get Started2014 | 2015 | 2016 | 2020 | 2021 | 2022 | 2023 | |
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Scope 1 | 45,277,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 2 | 46,207,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | 25,365,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Intesa Sanpaolo is committed to some reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.