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Climate Change

The word "climate change" is referred to the increase in the average temperature of the atmosphere and the oceans. The cause of this change is scientifically proven to derive mainly from the accumulation of greenhouse gases in the atmosphere. Its impact goes well beyond the environmental issue and involves many different aspects, from economy to technology, from safety to biodiversity, with significant repercussions on equality and the respect of human rights.

Intesa Sanpaolo is fully aware of the importance to pursue a clear and effective strategy to contrast climate change and set precise qualitative and quantitative targets.
In particular, with reference to greenhouse gases emission, Intesa Sanpaolo Group has an impact both direct (through independent heating or the use of corporate fleet vehicles) and indirect (use of electricity, centralised heating, business trips, etc.).

Our commitment and the projects aimed at reducing the emissions generated and the objectives for the future are accurately monitored and reported through the key stakeholder communication tools: Consolidated Non-Financial Statement , CDP reporting.

Furthermore, from October 5, 2018 Intesa Sanpaolo decided to support the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD), established by the Financial Stability Board. The Task Force published a report in June 2017 containing indications for the dissemination of transparent reporting on risks and opportunities related to climate change, to be included in the framework of financial information for stakeholders.

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