Intesa Sanpaolo, a leading Italian banking group, is headquartered in Turin, Italy, with a significant presence across Europe and the Mediterranean region. Founded in 2007 through the merger of Banca Intesa and Sanpaolo IMI, the bank has established itself as a key player in the financial services industry, focusing on retail banking, corporate banking, and wealth management. The bank offers a diverse range of products and services, including personal loans, mortgages, investment solutions, and insurance, distinguished by their customer-centric approach and innovative digital solutions. Intesa Sanpaolo is recognised for its strong market position, consistently ranking among the top banks in Italy and Europe, and has received numerous accolades for its commitment to sustainability and social responsibility.
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 94% 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 69.1 million tonnes CO2e, with 50.5 million tonnes from Scope 1, 18.6 million tonnes from Scope 2, and 55.9 million tonnes from Scope 3 emissions. The bank has set a long-term commitment to achieve net-zero emissions across all scopes by 2050, aligning with the Science Based Targets initiative (SBTi). In recent years, Intesa Sanpaolo has made significant strides in reducing its carbon footprint. For instance, in 2020, the bank's total emissions were about 74.5 million tonnes CO2e, indicating a reduction in emissions over the following years. The bank's emissions from Scope 1 and 2 combined were approximately 74.5 million tonnes CO2e in 2020, which has decreased to about 69.1 million tonnes CO2e in 2023. Intesa Sanpaolo is actively engaged in initiatives such as the Business Ambition for 1.5°C, demonstrating its commitment to responsible climate policy engagement. The bank's efforts are part of a broader strategy to enhance sustainability within the financial services sector, reflecting its dedication to addressing climate change and reducing environmental impact.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2014 | 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.