Intesa Sanpaolo, a leading Italian banking group, is headquartered in Turin, Italy. Established in 2007 through the merger of Banca Intesa and Sanpaolo IMI, the bank has rapidly become a key player in the European financial sector, with a strong presence across Italy and significant operations in Central and Eastern Europe. Specialising in retail banking, corporate banking, and wealth management, Intesa Sanpaolo offers a diverse range of products and services, including loans, investment solutions, and insurance. Its commitment to innovation and customer-centric solutions sets it apart in a competitive market. Recognised for its robust financial performance, Intesa Sanpaolo consistently ranks among the top banks in Europe, reflecting its strong market position and dedication to sustainable growth.
How does Intesa Sanpaolo'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.
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.
Intesa Sanpaolo's score of 83 is higher than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Intesa Sanpaolo reported total carbon emissions of approximately 35,128,121,000 kg CO2e globally, with specific emissions breakdowns including 45,280,000 kg CO2e from Scope 1, 16,656,000 kg CO2e from Scope 2 (market-based), and a significant 59,892,681,000 kg CO2e from Scope 3 emissions. The bank has set ambitious targets to reduce its Scope 1 and 2 emissions by 53% by 2030, compared to 2019 levels, and aims for carbon neutrality in its own operations by 2030. In 2023, the bank's emissions in Italy included 41,234,000 kg CO2e from Scope 1, 5,006,000 kg CO2e from Scope 2 (market-based), and 41,560,000 kg CO2e from Scope 3. The bank has achieved a 35% reduction in Scope 1 and 2 emissions from 2019 to 2024, with a target of 53% reduction by 2030. Intesa Sanpaolo has committed to a "Net Zero" objective by 2050 across all its main business lines, including its lending and investment portfolios, as well as its asset management and insurance divisions. This commitment aligns with the Science Based Targets initiative (SBTi) and reflects the bank's strategic focus on climate change mitigation. Overall, Intesa Sanpaolo's climate commitments demonstrate a robust approach to reducing carbon emissions and addressing climate change, with clear targets and a commitment to sustainability in its operations and investments.
Access structured emissions data, company-specific emission factors, and source documents
2012 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|
Scope 1 | 45,085,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 2 | 9,214,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | 14,888,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000,000 |
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.
Intesa Sanpaolo is participating in some 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.