Greenhouse gas emissions

Emissions into the atmosphere of greenhouse gases resulting from combustion residues are reduced every time technological innovations for the modernisation of plants introduce more energy-efficient systems. 
Some gases, of natural origin or from the chemical industry, are able to trap a portion of solar energy in the atmosphere causing a warming of the air. These gases are commonly called “greenhouse gases”.  Among the most damaging to the environment are the carbon dioxide (CO2), methane (CH4), nitrous oxide (N2O), sulphur oxide (SO2) and hydrofluorocarbons (HFC).

Intesa Sanpaolo Group for years has been committed to reducing its emissions through:

• purchase of electricity from renewable sources with the optimisation of the energy efficiency of the consumption and the responsible management of resources to reduce the impact on the environment
• development of mobility management initiatives that reduce emissions due to commuting and business meetings
• promotion of environmental products and services
• evaluation of the environmental risks associated with business customer lending
• realization of studies and publications on the subject
• participation in important international initiatives and collaboration with several international organisations to encourage dialogue between companies, international organizations and civil society for the development and application of sustainability guidelines
• the ongoing training of our employees.

In 2017, a multi-annual Environmental Sustainability Plan – Climate Change Action Plan – was prepared with targets for 2022 and 2037. In the Plan, the Intesa Sanpaolo Group declines CO2 emission reduction targets, linked to its activities, taking 2012 as the reference year. The 2022 targets are supported by targeted actions. 

This section summarizes the main emissions of greenhouse gases produced by Intesa Sanpaolo, processing factors used for their calculation. Also reported are: annual monitoring of Environmental Plan reduction actions and reporting questionnaires to CDP Worldwide ("CDP"), a non-profit organisation that monitors companies' energy policies and performance and their ability to manage related economic opportunities and climate risks.