Intesa Sanpaolo
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.
DitchCarbon Score
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.
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
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.
Intesa Sanpaolo's reported carbon emissions
In 2023, Intesa Sanpaolo reported total carbon emissions of approximately 55,893,000 kg CO2e, comprising Scope 1 emissions of about 50,475,000 kg CO2e, Scope 2 emissions of approximately 18,591,000 kg CO2e, and Scope 3 emissions of around 41,560,000 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 50,745,000 kg CO2e, with Scope 1 emissions at about 44,574,000 kg CO2e, Scope 2 at approximately 16,838,000 kg CO2e, and Scope 3 at around 36,595,000 kg CO2e. The bank's targets cover 8% of its total investment and lending portfolio, with required activities making up 16% of its total balance sheet assets as of 2022. Intesa Sanpaolo is committed to reducing its carbon footprint in line with the 1.5°C climate goal, with interim targets set for 2028 and 2030. The bank's ongoing efforts reflect its dedication to sustainability and responsible banking practices, positioning it as a leader in the financial sector's response to climate change.
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| 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 |
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.
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.
