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Financial Intermediation
IT
updated a month ago

Banca Ditalia

Company website

Banca d'Italia, Italy's central bank, is headquartered in Rome and plays a pivotal role in the nation's financial landscape. Established in 1893, it has evolved to oversee monetary policy, financial stability, and the regulation of the banking sector. With a focus on safeguarding the value of the euro and ensuring the smooth functioning of payment systems, Banca d'Italia is integral to the European System of Central Banks. The bank's core services include the issuance of currency, management of foreign reserves, and supervision of financial institutions, distinguishing it as a key player in the Italian and European banking industries. Notable achievements include its active participation in the European Central Bank and its commitment to fostering economic growth through robust financial oversight. Banca d'Italia remains a cornerstone of Italy's economic stability and a trusted authority in the financial sector.

DitchCarbon Score

How does Banca Ditalia'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.

18

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.

27

Industry Benchmark

Banca Ditalia's score of 18 is lower than 77% of the industry. This can give you a sense of how well the company is doing compared to its peers.

23%

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Banca Ditalia's reported carbon emissions

In 2022, Banca d'Italia reported total carbon emissions of approximately 28,900,000 kg CO2e. This figure includes 9,244,000 kg CO2e from Scope 1 emissions, which encompass direct emissions from owned or controlled sources, and 19,146,000 kg CO2e from Scope 2 emissions, related to indirect emissions from the generation of purchased electricity, steam, heating, and cooling. Additionally, Scope 3 emissions amounted to about 8,865,000 kg CO2e, primarily from business travel and employee commuting. Comparatively, in 2021, the bank's total emissions were about 29,300,000 kg CO2e, indicating a slight reduction in emissions year-on-year. The breakdown for 2021 included 11,064,000 kg CO2e from Scope 1, 20,955,000 kg CO2e from Scope 2, and 8,000,000 kg CO2e from Scope 3. Banca d'Italia has not set specific reduction targets or climate pledges, nor does it inherit emissions data from a parent organization. The bank's commitment to sustainability is reflected in its comprehensive emissions reporting across all three scopes, demonstrating transparency in its environmental impact.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

2019202020212022
Scope 1
9,495,000
00,000,000
00,000,000
0,000,000
Scope 2
211,000
000,000
000,000
000,000
Scope 3
14,779,000
0,000,000
0,000,000
0,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Banca Ditalia'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 Banca Ditalia 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.

Banca Ditalia 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

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Where does DitchCarbon data come from?

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