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 65 is higher than 99% 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 56,000,000 kg CO2e, comprising 41,000,000 kg CO2e from Scope 1, 5,000,000 kg CO2e from Scope 2, and 41,600,000 kg CO2e from Scope 3 emissions. This reflects the bank's ongoing commitment to reducing its carbon footprint across all scopes. The bank has set ambitious climate commitments, including a long-term target to achieve net-zero emissions by 2050, covering all scopes of emissions. As of 2022, Intesa Sanpaolo's portfolio targets encompass 8% of its total investment and lending by total balance sheet assets. The required activities accounted for 16% of total investments, while optional activities made up 30%, and out-of-scope activities constituted 54%. Intesa Sanpaolo is also committed to near-term targets aligned with the 1.5°C climate goal, with specific targets set for 2028 and 2030. These targets are designed to ensure that the bank's operations contribute to global efforts to limit temperature rise and promote sustainability within the financial sector. Overall, Intesa Sanpaolo's emissions data and climate commitments demonstrate a proactive approach to addressing climate change and reducing its environmental impact.
Access structured emissions data, company-specific emission factors, and source documents
2014 | 2015 | 2016 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|---|---|
Scope 1 | 45,277,000 | 00,000,000 | 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 | 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 | 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.