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 83 is higher than 92% 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 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's emissions in Italy for the same year were not detailed by scope but contributed to the overall total. Intesa Sanpaolo has set ambitious reduction targets as part of its Own Emissions Plan, aiming for a 53% reduction in Scope 1 and 2 emissions by 2030 compared to 2019 levels. This plan is part of a broader commitment to achieve carbon neutrality for its own operations by 2030, with a long-term goal of reaching net-zero emissions across all scopes by 2050. The bank has already achieved a 35% reduction in its Scope 1 and 2 emissions from 2019 to 2024. Additionally, Intesa Sanpaolo has established interim targets for Scope 3 emissions, aiming for a 40% reduction by 2030 from a 2019 baseline. The bank's climate strategy is aligned with the Science Based Targets initiative (SBTi), committing to targets that are consistent with limiting global warming to 1.5°C. Overall, Intesa Sanpaolo's climate commitments reflect a comprehensive approach to reducing its carbon footprint, with specific targets and a clear timeline for achieving significant emissions reductions.
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| 2012 | 2014 | 2015 | 2016 | 2018 | 2019 | 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 | 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 | 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 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000,000 |
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.
