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Commitment to environment and climate

Main objectives and results

-16% absolute financed emissions

vs 2023 in high emissions sector defined by NZBA

-35% Scope 1 and 2 emissions

compared to 2019

92.8% of Group electricity

purchases coming from renewable sources

Environmental protection and attention to climate change are key dimensions of the Intesa Sanpaolo Group's responsibility and the importance of this commitment is first of all reaffirmed in the group's values ​​and in the codes and rules that guide its way of operating.

Clear examples of this are the Code of Ethics, the Rules for the environmental and energy policy, the Guidelines for the governance of environmental social and governance risks (ESG) and, in order to support the transition to a low-carbon economy, also the Rules for the coal sector and the Rules on Oil&Gas sector.

Thanks to these foundations, the Bank is able to set up action plans and processes that allow it to manage its activities, environmental risks and related mitigation actions in an integrated and constructive way.

Environment and climate change: discover all the objectives and the results

2022-2025 Business Plan: 2024 results
ESG Initiatives  Business Plan Targets for 2022-2025 2024 main results/cumulative value since 2022
Accelerating towards net-zero emissions 
  • Net-Zero emissions in 2050 for loan and investment portfolios and asset management and insurance 
  • Carbon neutrality for own emissions in 2030(2) with 100% of energy acquired from renewable sources at Group level in 2030 
  • Commitment to securing the validation of its emissions reduction targets from the Science Based Target initiative (SBTi) 
  • Financed emissions reduction: 
    • in 2024, additional intermediate targets to 2030 set for Iron and Steel, Commercial Real Estate, Residential Real Estate, Cement, Aluminium, Agribusiness- Primary farming
  • Own emissions reduction (2024): 
    • -35% Scope 1 and 2 emissions compared to 2019; 
    • 92.8% of Group electricity purchases coming from renewable sources 
  • Intesa Sanpaolo obtained the validation of its emission reduction targets from the Science Based Target initiative (SBTi) in January 2025, following the submission of documentation in March 2024
Protecting and restoring natural capital

Adoption of a specific policy on biodiversity

 

  • Development of a Policy on Biodiversity and Nature
  • Think Forestry project: up to 2024 nine interventions were carried out across various areas in Italy

 

  Responsible management of resources
  •  Paper purchased (2024): 3,696 t (-9.7% vs 2023) 
  • Waste (2024): 3,349 t (-11.4% vs 2023)
  • ISO 14001 and 50001 certified scope: 100% of Intesa Sanpaolo sites 

(*) -53% vs 2019 attraverso specifiche azioni di medio-lungo termine volte alla riduzione dei propri consumi di gas naturale, gasolio ed energia elettrica tradizionale.

Latest news

Insights into environmental challenges

ESG Transition

A wide and various offer of financing and consulting products, attentive to the protection of the environment around us.

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