Sace
Sace, officially known as Sace S.p.A., is a prominent player in the Italian insurance and financial services sector, headquartered in Rome, Italy. Founded in 1977, the company has established itself as a leader in export credit and investment protection, serving clients across Europe, Africa, and the Americas. Sace offers a range of core services, including credit insurance, surety bonds, and financial guarantees, uniquely tailored to support businesses in mitigating risks associated with international trade. With a strong focus on innovation and sustainability, Sace has achieved significant milestones, including partnerships with major financial institutions and a robust portfolio of insured transactions. Recognised for its expertise and reliability, Sace continues to enhance its market position, contributing to the growth of Italian exports and fostering economic development on a global scale.
DitchCarbon Score
How does Sace'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 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
Sace's score of 53 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Sace's reported carbon emissions
In 2023, Sace reported total carbon emissions of approximately 702,000 kg CO2e, comprising about 258,200 kg CO2e from Scope 1 and approximately 443,800 kg CO2e from Scope 2 emissions. This marks a continued effort to manage and reduce their carbon footprint, following previous years where emissions were higher. In 2022, Sace's emissions totalled about 1,100,100 kg CO2e, with Scope 1 emissions at approximately 347,100 kg CO2e, Scope 2 emissions at around 637,000 kg CO2e, and Scope 3 emissions reaching about 1,128,100 kg CO2e. The trend shows a significant reduction in emissions from 2020, where total emissions were approximately 761,800 kg CO2e for Scope 1 and 2 combined, alongside 436,800 kg CO2e from Scope 3. Sace has not publicly committed to specific reduction targets or initiatives, nor have they aligned with the Science Based Targets initiative (SBTi) for formal reduction goals. However, their ongoing emissions reporting indicates a commitment to transparency and accountability in their climate impact. Overall, Sace's emissions data reflects a proactive approach to managing their carbon footprint, with a focus on reducing Scope 1 and 2 emissions in the coming years.
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Add to project| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 411,100 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | - | - | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 3 | - | - | 000,000 | 000,000 | 0,000,000 | - |
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.
Sace is not committed to any 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.
