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 78 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 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 55,893,000 kg CO2e. The bank has set ambitious climate commitments, aiming for carbon neutrality in its own emissions (Scopes 1 and 2) by 2030, as outlined in its 2022-2025 Business Plan. Additionally, Intesa Sanpaolo is pursuing a "Net Zero" goal by 2050, which encompasses all scopes of emissions. In 2022, the bank's emissions were reported at approximately 36,595,000 kg CO2e for Scope 3, 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 strategy includes portfolio targets that cover 8% of its total investment and lending, aligning with the Science Based Targets initiative (SBTi) to ensure reductions consistent with limiting global warming to 1.5°C. Overall, Intesa Sanpaolo is actively working towards significant emissions reductions and has committed to transparent reporting on its progress in achieving these climate goals.
Access structured emissions data, company-specific emission factors, and source documents
2014 | 2015 | 2016 | 2019 | 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 participating in some of the initiatives that 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.