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Public Profile
Financial Intermediation
IT
updated 23 days ago

SIMEST Sustainability Profile

Company website

SIMEST, or Società Italiana per le Imprese all'Estero, is a prominent Italian company headquartered in Rome, Italy. Established in 1991, SIMEST has played a pivotal role in supporting the internationalisation of Italian businesses, particularly in Europe, Asia, and Africa. Operating within the financial services industry, the company focuses on providing tailored financial solutions, including equity investments, loans, and advisory services. What sets SIMEST apart is its commitment to fostering the growth of Italian enterprises in global markets, offering unique products that combine financial support with strategic guidance. Over the years, SIMEST has achieved significant milestones, including partnerships with various international organisations, solidifying its position as a leader in export finance. With a strong reputation for reliability and expertise, SIMEST continues to empower Italian businesses to thrive on the international stage.

DitchCarbon Score

How does SIMEST'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.

23

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.

32

Industry Benchmark

SIMEST's score of 23 is lower than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.

25%

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SIMEST's reported carbon emissions

SIMEST, headquartered in Italy, currently does not report any carbon emissions data, as indicated by the absence of specific figures in kg CO2e. Additionally, there are no documented reduction targets or climate pledges associated with the organisation. This lack of data suggests that SIMEST may not have established formal commitments to reduce its carbon footprint or may be in the early stages of developing such initiatives. As the climate landscape evolves, it will be essential for SIMEST to consider setting measurable targets and engaging in sustainability practices to align with industry standards and expectations.

How Carbon Intensive is SIMEST's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. SIMEST's primary industry is Financial Intermediation, which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is SIMEST's Location?

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 SIMEST is in IT, which has a low grid carbon intensity relative to other regions.

SIMEST'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.

SIMEST has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.

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

Compare SIMEST's Emissions with Industry Peers

Unicredit

IT
•
Services auxiliary to financial intermediation (67)
Updated 4 days ago

Banca Nazionale del Lavoro

IT
•
Services auxiliary to financial intermediation (67)
Updated 4 days ago

European Bank For Reconstruction And Development

GB
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 4 days ago

JPMorgan Chase & Co

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 2 days ago

Cassa Depositi e Prestiti S.p.A.

IT
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 4 days ago

Citi Private Bank

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 27 days ago

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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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