FOR THE ELEVENTH CONSECUTIVE YEAR, INTESA SANPAOLO IS IN THE DOW JONES SUSTAINABILITY INDICES
Milan - Turin, 13 November 2021 - For the eleventh year running, Intesa Sanpaolo has been included – as the only Italian bank – in the Dow Jones Sustainability World Index and Dow Jones Sustainability Europe Index, among the most important global and European stock exchange ESG indices. This announcement confirms Intesa Sanpaolo's ongoing status as one of the most committed groups in the world in terms of economic, social and environmental sustainability and to achieve the SDGs (Sustainable Development Goals).
The indices monitor the main Global and European companies in every sector, selected with an annual assessment conducted by S&P Global. Intesa Sanpaolo achieved an overall score of 83 out of 100, compared to an industry average of 38. The Group earned maximum points in 6 criteria out of 23 total criteria, in particular in those dedicated to anticrime policy and measures, customer relationship management, materiality, environmental and social reporting and financial inclusion. Within the finance industry, in 2021 24 banks were included in the Dow Jones Sustainability Index World and 9 in the Dow Jones Sustainability Index Europe.
The Group's commitment to ESG has recently been strengthened by the choice to commit to a target of net zero emissions by 2050 - for its own emissions, its loan and investment portfolios and asset management - by joining the Net-Zero Banking Alliance (NZBA) and Net Zero Asset Managers Initiative (NZAMI) through its asset management subsidiaries Eurizon Capital SGR, Fideuram Asset Management SGR and Fideuram Asset Management (Ireland).
Intesa Sanpaolo has a multi-year and defined sustainability strategy that includes the provision of around €76 billion for financing green and circular economy initiatives and for ecological transition during the course of Italy’s National Recovery and Resilience Plan (out of 400 billion of euros for families and enterprises supporting NRRP).
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About Intesa Sanpaolo
Intesa Sanpaolo is a wealth management & protection company, Italy’s leading bank and one of the most solid and profitable bank groups in Europe. It offers commercial, corporate investment banking, private banking, asset management and insurance services. The Intesa Sanpaolo Group has approximately 13.5 million customers in Italy and 7.1 million customers abroad through commercial banking subsidiaries in 12 countries in Central-Eastern Europe and Middle East and North Africa as well an international network to support corporate customers across 25 countries. Intesa Sanpaolo is recognized as one of the most sustainable banks in the world and is committed to becoming a reference model in terms of sustainability and social and cultural responsibility. Intesa Sanpaolo supports major economic inclusion and poverty reduction projects, including a €1.5 billion impact fund for loans to social groups who struggle to access credit. The Group has a €6 billion fund dedicated to the circular economy. The Group is also deeply involved in cultural initiatives in Italy and further afield, with the aim of preserving, promoting and sharing Italy’s historical and artistic heritage, also thanks to permanent and temporary exhibitions hosted at the Gallerie d’Italia, Intesa Sanpaolo’s museums located in Milan, Naples, Vicenza and, soon, Turin.
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Last updated 19 November 2021 at 11:19