Banca d'Italia, Italy's central bank, is headquartered in Rome and plays a pivotal role in the nation's financial landscape. Established in 1893, it has evolved to oversee monetary policy, financial stability, and the regulation of the banking sector. With a focus on safeguarding the value of the euro and ensuring the smooth functioning of payment systems, Banca d'Italia is integral to the European System of Central Banks. The bank's core services include the issuance of currency, management of foreign reserves, and supervision of financial institutions, distinguishing it as a key player in the Italian and European banking industries. Notable achievements include its active participation in the European Central Bank and its commitment to fostering economic growth through robust financial oversight. Banca d'Italia remains a cornerstone of Italy's economic stability and a trusted authority in the financial sector.
How does Banca Ditalia'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.
Banca Ditalia's score of 25 is higher than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, Banca D'Italia reported total carbon emissions of approximately 28,865,000 kg CO2e. This figure includes 17,000 kg CO2e from Scope 1 emissions, primarily from mobile combustion, and significant Scope 3 emissions totalling about 2,977,000 kg CO2e from business travel, employee commuting, and waste generated in operations. Comparatively, in 2021, the bank's total emissions were about 29,347,000 kg CO2e, with Scope 1 emissions at 18,000 kg CO2e and Scope 3 emissions around 4,000,000 kg CO2e. This indicates a slight reduction in overall emissions year-on-year. Banca D'Italia has not disclosed specific reduction targets or initiatives as part of its climate commitments. However, the bank's emissions data reflects a commitment to transparency in reporting its carbon footprint, which is essential for tracking progress in sustainability efforts. The bank's Weighted Average Carbon Intensity (WACI) for 2022 was approximately 0.3094 tCO2e per million euros of revenue, indicating a focus on integrating sustainability into its financial operations.
Access structured emissions data, company-specific emission factors, and source documents
2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|
Scope 1 | 22,000 | 00,000 | 00,000 | 00,000 |
Scope 2 | - | - | - | - |
Scope 3 | 11,476,000 | 0,000,000 | 0,000,000 | 0,000,000 |
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.
Banca Ditalia is not participating in any 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.