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 83 is higher than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Intesa Sanpaolo reported total carbon emissions of approximately 35,128,121,000 kg CO2e globally, with significant contributions from Scope 1, 2, and 3 emissions. Specifically, Scope 1 emissions accounted for about 45,280,000 kg CO2e, while Scope 2 emissions were reported at approximately 16,656,000 kg CO2e (market-based). The majority of emissions stemmed from Scope 3, totalling around 59,892,681,000 kg CO2e, which includes emissions from investments and other indirect sources. Intesa Sanpaolo has set ambitious reduction targets as part of its Own Emissions Plan, aiming for a 53% reduction in Scope 1 and 2 emissions by 2030 compared to 2019 levels. The bank has also committed to achieving carbon neutrality for its own emissions by 2030 and has set a long-term goal of reaching net-zero emissions across all scopes by 2050. This commitment encompasses not only its direct emissions but also those related to its lending and investment portfolios, asset management, and insurance divisions. In 2023, the bank achieved a 35% reduction in Scope 1 and 2 emissions from 2019 levels, demonstrating progress towards its 2030 targets. Additionally, interim targets have been established to reduce emissions intensity in specific sectors, such as a 23% reduction in the Iron and Steel sector by 2030. Intesa Sanpaolo's climate commitments are aligned with the Science Based Targets initiative (SBTi), and the bank is actively working to ensure that its emissions reduction strategies are consistent with the goals necessary to limit global warming to 1.5°C.
Access structured emissions data, company-specific emission factors, and source documents
2012 | 2014 | 2015 | 2016 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Scope 1 | 45,085,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 2 | 9,214,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | 14,888,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000,000 |
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 participating in some 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.