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 50 is higher than 98% 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 69,067,000 kg CO2e globally, with emissions broken down into Scope 1 at about 50,475,000 kg CO2e, Scope 2 at approximately 18,591,000 kg CO2e, and Scope 3 at around 55,893,000 kg CO2e. The bank has set ambitious climate commitments, aiming for net-zero emissions across all scopes by 2050, as part of its Science Based Targets initiative (SBTi) commitment. In 2022, the bank's emissions were approximately 75,869,000 kg CO2e globally, indicating a reduction in emissions over the following year. The bank's emissions in Italy for 2023 were about 46,240,000 kg CO2e, with Scope 1 emissions at approximately 41,234,000 kg CO2e and Scope 2 at around 5,006,000 kg CO2e. Intesa Sanpaolo's near-term targets include a commitment to align its operations with a 1.5°C pathway, with specific portfolio targets covering 8% of its total investment and lending activities as of 2022. The bank's efforts reflect a proactive approach to reducing its carbon footprint and contributing to global climate goals.
Access structured emissions data, company-specific emission factors, and source documents
2014 | 2015 | 2016 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|
Scope 1 | 45,277,000 | 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 |
Scope 3 | 25,365,000 | 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 committed to some 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.