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Financial Intermediation
IT
updated 2 months ago

La Cassa di Ravenna S.p.A.

Company website

La Cassa di Ravenna S.p.A., commonly referred to as La Cassa, is a prominent financial institution headquartered in Ravenna, Italy. Established in 1880, the company has a rich history of serving the Emilia-Romagna region and beyond, specialising in banking and financial services. With a focus on retail banking, corporate finance, and wealth management, La Cassa distinguishes itself through personalised customer service and innovative financial solutions tailored to meet diverse client needs. The bank has achieved significant milestones, including the expansion of its service offerings and a strong market presence, making it a trusted partner for individuals and businesses alike. Renowned for its commitment to community development and sustainable finance, La Cassa di Ravenna S.p.A. continues to uphold its legacy while adapting to the evolving financial landscape.

DitchCarbon Score

How does La Cassa di Ravenna S.p.A.'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.

26

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.

30

Industry Benchmark

La Cassa di Ravenna S.p.A.'s score of 26 is lower than 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.

48%

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La Cassa di Ravenna S.p.A.'s reported carbon emissions

In 2023, La Cassa di Ravenna S.p.A. reported total carbon emissions of approximately 1,779,000 kg CO2e, comprising 619,000 kg CO2e from Scope 1 and 1,160,000 kg CO2e from Scope 2 emissions. The company has not disclosed any Scope 3 emissions data. Despite the significant emissions figures, La Cassa di Ravenna S.p.A. has not set specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or commitments to frameworks such as the Science Based Targets initiative (SBTi). The emissions data reflects the company's operational impact, with a revenue of about USD 216 million in 2023. The lack of climate pledges or formal commitments suggests that La Cassa di Ravenna S.p.A. may need to enhance its climate strategy to align with industry standards and expectations for sustainability. Overall, while the company has made strides in transparency by disclosing its emissions data, further action is necessary to establish a robust climate commitment framework.

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2023
Scope 1
619,000
Scope 2
1,256,000
Scope 3
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. La Cassa di Ravenna S.p.A.'s primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for La Cassa di Ravenna S.p.A. is in IT, which has a low grid carbon intensity relative to other regions.

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.

La Cassa di Ravenna S.p.A. is not participating in any 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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