INTESA SANPAOLO RECEIVES MAJOR RECOGNITION BY THE CARBON DISCLOSURE PROJECT FOR THE RESULTS ACHIEVED IN REDUCING ITS CARBON FOOTPRINT
Turin, Milan 17 September 2012 - Intesa Sanpaolo was praised by the Carbon Disclosure Project (CDP), representing 655 institutional investors with 78,000 billion dollars in assets under management, for the commitment it has shown towards the reduction of climate-changing emissions and the mitigation of the resulting risks.
Thanks to the results achieved, Intesa Sanpaolo was included in the Performance Index CDP Carbon Leadership (CPLI). The CPLI selects, within the FTSE Global Equity Index Series (Global 500), the companies that have shown an efficient strategic approach on the matter of emission reduction in their answers to the CDP questionnaire.
This index, compiled by PwC on behalf of CDP, represents a valuable evaluation tool for institutional investors. This year, 33 Global 500 companies were represented in the CPLI, based on an analysis of their answers to the 2012 CDP questionnaire.
Enrico Cucchiani, CEO of Intesa Sanpaolo, remarked: "The inclusion of Intesa Sanpaolo in the Performance Index CDP Carbon Leadership is an important recognition of the initiatives we have taken over the past few years in order to reduce the emissions. We are very proud to be considered among some of the world’s most actively involved companies in this sector and we will continue to work with the same commitment in this direction."
Paul Simpson, CEO of CDP, commented: "The companies entered in the Carbon Performance Leadership Index have shown clear commitment towards the management and reduction of their greenhouse gas emissions and have taken concrete actions against climate change. The organisations working to reduce emissions and to incorporate climate change issues into their business strategies show the ability to cut down costs, have greater opportunities to generate income and, lastly, have a more solid future ahead of them."
The Global 500 report, including the names of companies entered in the CPLI and the methodology used, can be found on the website cdp.net.
About Intesa Sanpaolo
The Intesa Sanpaolo Group, with 10.8 million customers and 5,600 branches in Italy, is the country’s leading banking group in household and enterprise financial activities. It is also one of the most important banking groups in Europe.
Intesa Sanpaolo has a strategic presence in Central and Eastern Europe, the Middle East and North Africa, with over 1,500 branches and 8.3 million customers of its subsidiary banks operating in retail and commercial banking in 12 countries. The Group also has an international network providing specialist support to corporate customers, covering 29 countries including the United States, Russia, China and India.
The Carbon Disclosure Project (CDP) is an international, not-for-profit organisation providing the only global system for companies and cities to measure, disclose, manage and share key environmental information. CDP takes advantage of the weight of market forces, including 655 institutional investors with assets worth 78,000 billion dollars, to collect information from companies on their greenhouse gas emissions, risk assessment and opportunities linked to climate changes and water. CDP holds the world’s largest collection of primary data concerning climate changes and leverages this information as a central part of its business strategies as well as its decisions and investment policies. For more information, please visit the website cdp.net
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Last updated 17 September 2012 at 10:02