Cassa Depositi e Prestiti S.p.A. (CDP) is a prominent Italian financial institution headquartered in Rome, Italy. Established in 1850, CDP plays a crucial role in the national economy, focusing on financing public investments and supporting the growth of Italian businesses. With a strong presence across various regions in Italy, the company operates primarily in the banking and financial services industry. CDP offers a range of core products and services, including long-term loans, project financing, and investment support, uniquely tailored to meet the needs of public entities and private enterprises. Notably, the institution has achieved significant milestones, such as its pivotal role in funding infrastructure projects and promoting sustainable development. As a key player in the Italian financial landscape, Cassa Depositi e Prestiti continues to enhance its market position through strategic partnerships and innovative financing solutions.
How does Cassa Depositi e Prestiti S.p.A.'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.
Cassa Depositi e Prestiti S.p.A.'s score of 22 is lower than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2021, Cassa Depositi e Prestiti S.p.A. reported Scope 1 emissions of approximately 146,040 kg CO2e in Italy. This figure reflects their direct greenhouse gas emissions from owned or controlled sources. In the same year, the company had a revenue of about USD 3.6 billion, indicating an intensity of greenhouse gas emissions of 870 kg CO2e per employee, considering location-based Scope 2 emissions. For 2020, the reported Scope 1 emissions in Italy were approximately 274,910 kg CO2e, with a similar revenue figure of about USD 2.8 billion. The intensity of emissions for that year was recorded at 1,220 kg CO2e per employee. Cassa Depositi e Prestiti S.p.A. has not disclosed any specific reduction targets or initiatives related to their carbon emissions. There are no climate pledges or SBTi (Science Based Targets initiative) commitments reported, indicating a lack of formalised climate action strategies at this time. Overall, while the company has provided some emissions data, it appears to be in the early stages of developing comprehensive climate commitments and reduction strategies.
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.
Cassa Depositi e Prestiti S.p.A. 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.