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 specific emissions breakdowns including 45,280,000 kg CO2e from Scope 1, 16,656,000 kg CO2e from Scope 2 (market-based), and a significant 59,892,681,000 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. Additionally, Intesa Sanpaolo is committed to achieving net-zero emissions across all scopes by 2050, encompassing its own operations as well as its lending and investment portfolios. The bank's interim targets include a 40% reduction in Scope 3 emissions by 2030, with a focus on significant sectors such as iron and steel, where it aims to reduce emissions intensity by 23% by 2030. Intesa Sanpaolo has also achieved a 35% reduction in its Scope 1 and 2 emissions from 2019 to 2024, demonstrating progress towards its long-term climate commitments. Overall, Intesa Sanpaolo's climate strategy reflects a comprehensive approach to sustainability, aligning with global standards and initiatives such as the Science Based Targets initiative (SBTi). The bank's commitment to renewable energy is evident, as it aims to source 100% of its electricity from renewable sources by 2030.
Access structured emissions data, company-specific emission factors, and source documents
2012 | 2014 | 2015 | 2016 | 2017 | 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 | 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 | 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 | 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.