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 85 is higher than 100% 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 161,069,000 kg CO2e, comprising 45,280,000 kg CO2e from Scope 1, 16,656,000 kg CO2e from Scope 2 (market-based), and 99,133,000 kg CO2e from Scope 3 emissions. The Scope 3 emissions included significant contributions from employee commuting (33,441,000 kg CO2e) and upstream transportation and distribution (13,161,000 kg CO2e). The bank has set ambitious targets to reduce its carbon footprint. By 2030, Intesa Sanpaolo aims to achieve a 53% reduction in Scope 1 and 2 emissions compared to 2019 levels. Additionally, the bank is committed to achieving carbon neutrality for its own emissions by 2030 and has pledged to source 100% of its electricity from renewable sources by the same year. Looking further ahead, Intesa Sanpaolo has committed to a "Net Zero" objective by 2050, encompassing all its main business lines, including lending, investment portfolios, and asset management. This long-term strategy aligns with global climate goals and reflects the bank's dedication to sustainable finance and environmental responsibility.
Access structured emissions data, company-specific emission factors, and source documents
2014 | 2015 | 2016 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|---|---|---|
Scope 1 | 45,277,000 | 00,000,000 | 00,000,000 | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 2 | 46,207,000 | 00,000,000 | 00,000,000 | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | 25,365,000 | 00,000,000 | 00,000,000 | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
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.