SIA S.p.A. Sustainability Profile
SIA S.p.A., a leading player in the financial technology sector, is headquartered in Italy and operates extensively across Europe. Founded in 1977, the company has established itself as a key provider of payment services, digital banking solutions, and infrastructure for financial institutions. SIA's core offerings include innovative payment processing systems and advanced cybersecurity solutions, which are distinguished by their reliability and efficiency. Over the years, SIA has achieved significant milestones, including partnerships with major banks and financial entities, solidifying its market position as a trusted provider in the fintech landscape. With a commitment to technological advancement, SIA continues to drive the evolution of payment systems, making it a pivotal force in the industry.
DitchCarbon Score
How does SIA 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.
Industry Average
Mean score of companies in the Computer Services 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
SIA S.p.A.'s score of 69 is higher than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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SIA S.p.A.'s reported carbon emissions
In 2020, SIA S.p.A. reported total carbon emissions of approximately 7,500,000 kg CO2e, comprising 625,000 kg CO2e from Scope 1, 7,249,000 kg CO2e from Scope 2, and 233,000 kg CO2e from Scope 3 emissions. This data reflects a significant reduction in emissions compared to previous years, with 2019 emissions recorded at about 9,000,000 kg CO2e and 2018 emissions at approximately 8,000,000 kg CO2e. SIA S.p.A. is part of a corporate family with emissions data cascaded from its parent company, Nexi S.p.A. This relationship indicates that SIA's climate commitments and performance are aligned with Nexi's sustainability initiatives. However, SIA has not set specific reduction targets or climate pledges, nor does it report any initiatives under the Science Based Targets initiative (SBTi) or other climate frameworks. Overall, SIA S.p.A. demonstrates a commitment to reducing its carbon footprint, as evidenced by the decreasing trend in emissions over the years, although further clarity on specific reduction targets would enhance its climate strategy.
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| 2018 | 2019 | 2020 | |
|---|---|---|---|
| Scope 1 | 684,000 | 000,000 | 000,000 |
| Scope 2 | 5,984,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 1,692,000 | 0,000,000 | 000,000 |
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SIA S.p.A.'s Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
SIA S.p.A. has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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