Sustainable, green and circular loans

Intesa Sanpaolo is committed to supporting its clients in transitioning to a low-carbon economy by promoting renewable energy, energy efficiency, and the circular economy, with a clear roadmap outlined in the 2022-2025 Business Plan in terms of contributing to the ecological transition, supporting the green and circular economy and promoting an equitable transition process.

UN SDGs SUPPORTED

S-Loans are financing to support small and medium-sized businesses in a process of structural change and improving of their sustainability profile by correlating economic and financial decisions with their environmental and social impacts. S-Loans involve the definition of specific ESG targets through indicators (KPIs) contractually defined and subject to annual monitoring in the explanatory notes to the company's financial statements. Upon achievement of the targets, there are rewards in terms of reduction in the cost of financing.

For small and medium-sized enterprises that invest in improving their sustainability profiles, Intesa Sanpaolo has developed several solutions such as the S-Loan, which includes three general-purpose credit lines as well as a dedicated medium- to long-term financing solution, the ‘S-Loan Progetti Green’.

Overall, in 2025, around 4.3 billion euro of S-Loans were disbursed (11.1 billion euro from launch in July 2020), of which approximately 2.2 billion euro related to ‘S-Loan Progetti Green’ (2.3 billion euro since its launch in 2024).

Mortgage loan with favorable conditions (reduction of the nominal interest rate and free energy certification for purposes related to renovation) that allows the purchase and construction of a residential property in Italy in a high energy class (equal to or higher than B) or the renovation of a residential property in Italy with an improvement of at least one energy class.

The offer is complemented by additional services to assess energy savings and aligns with European sustainability regulations. After more than 4 years, the Bank has decided to renew the green offer with a new release of Green - Mutuo Domus that enhances characteristic elements of the property’s actual consumption and the climate context. With the new release of Green - Mutuo Domus offer, maximum transparency is guaranteed towards customers by virtue of the adoption of product access criteria consistent with the European Regulation.

The circular economy offers new business opportunities to companies and contributes to the eco-sustainable transition of the economic system by reducing the consumption of natural resources. To support its development with its Business Plan, Intesa Sanpaolo has renewed the commitment already made with the previous Plan by allocating a credit plafond of EUR 8 billion (for the green and circular economy, with specific incentives).

The Group is a strategic partner of the Ellen MacArthur Foundation, the principal promoter of the global transition to the circular economy, with which it has defined criteria for assessing the level of circularity of the initiatives proposed by companies.

• Energia Impresa loan: medium- to long-term specialist financing for the implementation of energy projects, including renewable energy, biogas plants, biomethane plants, energy production systems, and energy efficiency initiatives.
• SACE Green Loan: medium- to long-term financing line associated to government guarantee to support businesses in achieving environmental goals defined by the Green-MEF Agreement signed with SACE and available until March 2025.
• InvestEU - Sustainability Guarantee: for financing climate change mitigation investments such as renewable energy, green and energy efficient certified commercial building, industrial energy efficiency, zero and low emission mobility and green ICT for climate mitigation.
• Nova+: medium- to long-term financing line for research, development, and innovation projects. Specific products include Nova+ Green (to support product or process innovation projects aimed at achieving climate neutrality or integrating a circular economy process), Nova+ Agritech (to support innovative projects of companies aimed at transitioning agriculture towards a new paradigm based on principles of sustainability, resilience and productivity) and Nova+ Mobility (to support innovative projects of companies that aim to transition mobility towards a new paradigm of sustainability, digitalisation and connection).
• Intesa Sanpaolo’s IMI Corporate & Investment Banking Division supports large companies in designing and implementing sustainable initiatives, strategic plans, and transition investments. 

Intesa Sanpaolo has been committed to environmental sustainability since issuing Italy’s first Green Bond in 2017. Under its Green, Social, and Sustainability Bond Framework, funds are allocated to projects in renewable energy, energy efficiency, clean transportation, green buildings, and environmentally sustainable management of living natural resources and land-use, biodiversity and circular economy.

As at December 2025, Intesa Sanpaolo’s outstanding Green Bonds amount to around 8.7 billion euro. The Green Bond Ratio as at 31/12/2025 is equal to 18.4% approximately. The Green Bond Ratio is the percentage of total outstanding green bonds out of the total amount of wholesale benchmark bonds (Senior Preferred, Senior non-preferred and Covered Bonds)*.

* As of 30.6.2024, the figure includes the cumulative amount for 2022-2024 of transition finance related to the Group’s foreign activities.