Intesa Sanpaolo
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.
DitchCarbon Score
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.
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.
Industry Benchmark
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.
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Intesa Sanpaolo's reported carbon emissions
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 79,000,000 kg CO2e from Scope 3 emissions. The bank has set ambitious targets to reduce its emissions, aiming for a 53% reduction in Scope 1 and 2 emissions by 2030, compared to 2019 levels. In terms of specific initiatives, Intesa Sanpaolo is committed to achieving carbon neutrality for its own operations by 2030, with a focus on sourcing 100% of its energy from renewable sources. Additionally, the bank has pledged to reach net-zero emissions across all its business lines by 2050, which includes its lending and investment portfolios, as well as its asset management and insurance divisions. The bank's efforts are aligned with industry standards, as it has committed to the Science Based Targets initiative (SBTi) and aims to reduce emissions intensity in specific sectors, such as a 23% reduction in the iron and steel sector by 2030. Overall, Intesa Sanpaolo is actively working towards significant emissions reductions while enhancing its sustainability practices.
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| 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 |
Industry emissions intensity
Location emissions intensity
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.
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.
