CDP
CDP, or Cassa Depositi e Prestiti, is a prominent Italian financial institution headquartered in Rome, Italy. Founded in 1850, CDP has evolved into a key player in the finance and investment sector, primarily focusing on supporting public investments and fostering economic development across Italy and Europe. The company offers a range of services, including project financing, infrastructure investments, and support for small and medium-sized enterprises (SMEs). What sets CDP apart is its commitment to sustainable development and innovation, aligning financial solutions with national priorities. With a strong market position, CDP has achieved notable milestones, including significant contributions to Italy's economic recovery and infrastructure modernisation. Its strategic initiatives and partnerships have solidified its reputation as a leader in the public finance industry, making it an essential player in driving Italy's growth and development.
DitchCarbon Score
How does CDP'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.
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.
Industry Benchmark
CDP's score of 8 is lower than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.
CDP's reported carbon emissions
In 2023, CDP reported a total carbon emissions figure of approximately 34,410 kg CO2e from Scope 2 and about 21,830 kg CO2e from Scope 3 emissions. This marks a significant reduction from previous years, particularly from 2016, when total emissions were about 5,167,300 kg CO2e, with Scope 1 emissions at approximately 735,900 kg CO2e, Scope 2 at about 2,916,000 kg CO2e, and Scope 3 emissions from business travel at around 1,515,200 kg CO2e. Over the years, CDP has shown fluctuations in emissions, with a peak in 2017 at approximately 5,579,600 kg CO2e. However, by 2021, emissions had decreased significantly, with Scope 2 emissions reported at about 76,590 kg CO2e and Scope 3 at approximately 7,760 kg CO2e. The trend indicates a commitment to reducing carbon footprints, although specific reduction targets or initiatives have not been disclosed. CDP's emissions data reflects a growing awareness and response to climate change, aligning with industry standards for transparency and accountability in carbon management. The organisation continues to focus on reducing its environmental impact, although further details on specific reduction initiatives or targets remain unspecified.
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Add to project| 2016 | 2017 | 2018 | 2019 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 735,900 | 000,000 | 000,000 | 000,000 | - | - | - |
| Scope 2 | 2,916,000 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000 | - | 00,000 |
| Scope 3 | 1,515,200 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000 | 00,000 | 00,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
CDP is not committed to any 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.
