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Banca d'Italia, Italy's central bank, is headquartered in Rome and plays a pivotal role in the country's financial intermediation services, excluding insurance and pension funding. Established in 1893, it has evolved to oversee monetary policy, financial stability, and payment systems, making it a cornerstone of Italy's economic framework.
The bank's core services include the issuance of currency, management of foreign reserves, and supervision of the banking sector, all of which contribute to its unique position in the financial landscape. Banca d'Italia is renowned for its commitment to maintaining price stability and fostering a robust financial system, which has solidified its reputation as a trusted authority in the industry. With a significant influence on both national and European monetary policies, Banca d'Italia continues to be a key player in shaping Italy's economic future.
-14 vs industry average
Banca Ditalia’s score of 23 is lower than 29% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Financial Intermediation is among the least carbon-intensive industries
The Financial Intermediation industry has reduced its overall emissions by 33% since 2018
Scope 3 accounts for ••• of total emissions.
Banca d'Italia, a financial intermediation services provider in Italy, reported its 2022 carbon emissions, disclosing a total of approximately 28,900,000 kg CO2e. This figure includes Scope 1 emissions of 9,244,000 kg CO2e, primarily from stationary combustion. Scope 2 emissions, reflecting purchased electricity and heat, were approximately 19,381,000 kg CO2e on a location-based method. The organisation's Scope 3 emissions amounted to around 8,865,000 kg CO2e, with significant contributions from employee commute, business travel, and purchased goods and services.
Looking back, Banca d'Italia's total emissions in 2021 were approximately 29,300,000 kg CO2e, encompassing Scope 1 emissions of 11,064,000 kg CO2e, Scope 2 emissions (location-based) of 21,235,000 kg CO2e, and Scope 3 emissions of 8,000,000 kg CO2e. In 2020, total emissions were around 29,200,000 kg CO2e, with Scope 1 at 10,538,000 kg CO2e, Scope 2 (location-based) at 23,014,000 kg CO2e, and Scope 3 at 7,568,000 kg CO2e. The earliest reported data from 2019 shows total emissions of approximately 36,800,000 kg CO2e, including Scope 1 emissions of 9,495,000 kg CO2e, Scope 2 emissions (location-based) of 26,209,000 kg CO2e, and Scope 3 emissions of 14,779,000 kg CO2e.
Banca d'Italia has not publicly disclosed specific reduction targets, SBTi validated targets, or participation in The Climate Pledge. All emissions data is directly reported by Banca d'Italia itself.
No climate goals have been disclosed for Banca Ditalia yet.
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