INTESA SANPAOLO ONLY ITALIAN BANK IN THE DOW JONES SUSTAINABILITY WORLD AND EUROPE INDICES
Presence in both indices confirmed for 13th consecutive year
Milan - Turin, 9 December 2023 – This year Intesa Sanpaolo has once again been included in the Dow Jones Sustainability World Index and Dow Jones Sustainability Europe Index – among the most important global and European sustainability stock market indices. It is the sole Italian bank that can boast a continuous presence in the indices for the past 13 years.
The indices include the best companies in all sectors – at global and European level respectively – selected on the basis of an annual evaluation conducted by S&P Global, which underwent significant methodological changes in 2023. Intesa Sanpaolo was awarded an overall score of 78 out of 100, compared to an industry average of 43.
In 2023, 27 banks were included in the Dow Jones Sustainability World Index and eight in the Dow Jones Sustainability Europe Index.
The award confirms that Intesa Sanpaolo remains one of the most active groups in the world in terms of sustainable development and reflects the Group's commitment confirmed in its 2022-2025 Business Plan, which calls for a world-leading position in social impact and a strong focus on climate.
From 2022 to 30 September 2023, the Intesa Sanpaolo Group: disbursed €13.5 billion of social lending – new credit in support of non-profit activities, vulnerable individuals and young people and urban regeneration – out of a Plan target of €25 billion; implemented €32 million of the €50 million in initiatives to combat poverty under the Food and Shelter Programme for people in need; disbursed (in the period 2021-30 September 2023) €41 billion of the €76 billion of new credit available to support the green economy, circular economy and ecological transition in relation to the 2021-2026 National Recovery and Resilience Plan (of which €7.5 billion for the circular economy of the €8 billion envisaged in the Plan); and reached 100% of electricity purchased from renewable sources in Italy, 91% at Group level.
In social efforts, the Bank recently announced its commitment to allocate €1.5 billion by 2027 to contribute to the good of the community, including both the amounts set aside for initiatives to address social needs, fight inequality and foster financial, social, educational and cultural inclusion, and the costs of facilities to support these initiatives.
In environmental efforts, and with particular regard to the commitment to protect and restore natural capital, the Think Forestry initiative was launched in mid-November. This initiative will enable Intesa Sanpaolo customers to play a leading role in the reforestation and preservation of natural capital through a programme that will provide access to a network of first-rate national and international forestry initiatives.
Media and Associations Relations
Institutional, social and cultural activities
Intesa Sanpaolo is Italy’s leading banking group – serving families, businesses and the real economy – with a significant international presence. Intesa Sanpaolo’s distinctive business model makes it a European leader in Wealth Management, Protection & Advisory, highly focused on digital and fintech, in particular with Isybank, the Group’s digital bank. An efficient and resilient Bank, it benefits from its wholly-owned product factories in asset management and insurance. The Group’s strong ESG commitment includes providing €115 billion in impact lending by 2025 to communities and for the green transition, and €500 million in contributions to support people most in need, positioning Intesa Sanpaolo as a world leader in terms of social impact. Intesa Sanpaolo is committed to Net Zero by 2030 for its own emissions and by 2050 for its loan and investment portfolios. An engaged patron of Italian culture, Intesa Sanpaolo has created its own network of museums, the Gallerie d’Italia, to host the bank's artistic heritage and as a venue for prestigious cultural projects.
X: @intesasanpaolo https://twitter.com/intesasanpaolo
 Data from the S&P Global platform as at 8 December 2023 – "Dow Jones eligible universe" dataset.
Last updated 11 December 2023 at 17:10