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Public Profile
Financial Intermediation
IT
updated 2 months ago

Banca Ditalia Sustainability Profile

Company website

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.

DitchCarbon Score

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.

27

Industry Average

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.

32

Industry Benchmark

Banca Ditalia's score of 27 is lower than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.

46%

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Banca Ditalia's reported carbon emissions

In 2022, Banca d'Italia reported total carbon emissions of approximately 28,900,000 kg CO2e. This figure includes 9,244,000 kg CO2e from Scope 1 emissions, which encompass direct emissions from owned or controlled sources, and 19,146,000 kg CO2e from Scope 2 emissions, related to indirect emissions from the generation of purchased electricity, steam, heating, and cooling. Additionally, Scope 3 emissions amounted to about 8,865,000 kg CO2e, primarily from business travel and employee commuting. Comparatively, in 2021, the bank's total emissions were about 29,300,000 kg CO2e, indicating a slight reduction in emissions year-on-year. The breakdown for 2021 included 11,064,000 kg CO2e from Scope 1, 20,955,000 kg CO2e from Scope 2, and 8,000,000 kg CO2e from Scope 3. Banca d'Italia has not set specific reduction targets or climate pledges, nor does it inherit emissions data from a parent organization. The bank's commitment to sustainability is reflected in its comprehensive emissions reporting across all three scopes, demonstrating transparency in its environmental impact.

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2019202020212022
Scope 1
9,495,000
00,000,000
00,000,000
0,000,000
Scope 2
211,000
000,000
000,000
000,000
Scope 3
14,779,000
0,000,000
0,000,000
0,000,000

How Carbon Intensive is Banca Ditalia's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Banca Ditalia's primary industry is Financial Intermediation, which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Banca Ditalia's Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Banca Ditalia is in IT, which has a low grid carbon intensity relative to other regions.

Banca Ditalia's Scope 3 Categories Breakdown

Banca Ditalia's Scope 3 emissions, which increased by 11% last year and decreased by approximately 40% since 2019, demonstrating supply chain emissions tracking. A significant portion of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 48% of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 88% of Scope 3 emissions.

Top Scope 3 Categories

2022
Purchased Goods and Services
88%
Employee Commuting
78%
Business Travel
22%

Banca Ditalia's Climate Goals (2030 & 2050)

Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.

Banca Ditalia has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare Banca Ditalia's Emissions with Industry Peers

Bank Of Japan

JP
•
Financial intermediation services, except insurance and pension funding services (65)
Updated about 7 hours ago

European Bank For Reconstruction And Development

GB
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 7 days ago

BANCO CENTRAL DO BRASIL

BR
•
Other services (93)
Updated 13 minutes ago

Banco De Espana

ES
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 2 days ago

European Central Bank

DE
•
Services auxiliary to financial intermediation (67)
Updated 2 days ago

Federal Reserve System

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 2 days ago

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Where does DitchCarbon data come from?

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