Intesa Sanpaolo

Intesa Sanpaolo, headquartered in Italy and operating in Financial Intermediation Services, is committed to significant climate action. In 2025, the bank reported a total of approximately 40.4 billion kg CO2e across Scopes 1, 2, and 3. Scope 3 emissions were the largest contributor, totalling approximately 40.3 billion kg CO2e, with investments accounting for the vast majority of this figure. Scope 2 emissions, on a market-based basis, were approximately 14.9 million kg CO2e, while Scope 1 emissions were around 43.6 million kg CO2e.

The bank has established ambitious reduction targets. A key commitment is to achieve "Net Zero" emissions by 2050 for all its main business lines, including its own emissions and its lending and investment portfolios. More immediate goals include a reduction of at least 53% in Scope 1 and 2 Market-Based emissions by 2030, compared to 2019 levels. In line with this, Intesa Sanpaolo aims for carbon neutrality of its own emissions by 2030 and plans to acquire 100% of its electricity from renewable sources by the same year. For Scope 3 emissions, the bank has set a target for a 40% reduction by 2030, based on a 2019 baseline year. In 2025, the bank reported a decrease of 39% in CO2 (Scope 1+2) from 2019 to 2025, with approximately 95.3% of electricity acquired from renewable sources.