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 85 is higher than 100% 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 161,069,000 kg CO2e, comprising 45,280,000 kg CO2e from Scope 1, 16,656,000 kg CO2e from Scope 2 (market-based), and 79,610,000 kg CO2e from Scope 3 emissions. The bank has set ambitious targets to reduce its emissions, aiming for a 53% reduction in Scope 1 and 2 emissions by 2030, compared to 2019 levels. In 2023, the bank's emissions were approximately 153,566,000 kg CO2e globally, with Scope 1 emissions at 50,475,000 kg CO2e and Scope 2 emissions at 18,591,000 kg CO2e (market-based). The Scope 3 emissions for that year were around 41,560,000 kg CO2e. Intesa Sanpaolo is committed to achieving net-zero emissions by 2050 across all its business lines, including its own operations and investment portfolios. The bank has also pledged to reach carbon neutrality for its own emissions by 2030 and aims to source 100% of its energy from renewable sources by the same year. The bank's reduction initiatives include a target to decrease emissions intensity in the iron and steel sector by 23% by 2030. Overall, Intesa Sanpaolo is actively working towards significant emissions reductions and sustainability goals, aligning with global climate commitments.
Access structured emissions data, company-specific emission factors, and source documents
2014 | 2015 | 2016 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|---|---|---|
Scope 1 | 45,277,000 | 00,000,000 | 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 | 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 | 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 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.