Greenhouse gas emissions

The Carbon Footprint, that is the analysis and accounting of greenhouse gas emissions caused by an organisation, is now an important indicator at global level. By calculating its Carbon Footprint, an organisation is able to launch activities to reduce its emissions as well as to be transparent with its stakeholders in relation to its environmental impact.

Intesa Sanpaolo Group CO₂ emissions are divided, according to the classification proposed by the international standard GHG Protocol, into Scope1, Scope2 e Scope3. The division in scope reflects the degree of control that the organisation has on its own emissions.

In particular, our Group, which for years has been reporting "direct and indirect emissions" (Scope1, Scope2), has pledged to report increasingly "other indirect emissions" (Scope3), ie emissions deriving from the products and services used organization.
2019 confirms the commitment of the Intesa Sanpaolo Group to reduce its environmental footprint, which has been reflected not only in the offer of sustainable investments and in the financing for Green and the Circular Economy, but also in the actions of efficiency and reduction of the environmental impact of the Group that, after an increase in 2018 due also to the extension of the reporting perimeter, led to a decrease in CO₂ emissions of more than 21% for the Scope1 - Scope2 Market-based.

The mitigation and the reduction of CO₂ emissions play an important role in the policies of the Group, which, with the Climate Change Action Plan, has identified specific actions in the medium term aimed at reducing its environmental footprint and, as a result, of its own emissions. This is in view of the continuous improvement of its environmental performance that has already seen significant reductions in electricity and thermal consumption, and the consequent emissions, for a decade now (-53.6% Scope1 - Scope2 Market-based emissions compared to the 2008).

The Intesa Sanpaolo Group pursues a systematic progressive reduction of its emissions and consequently of its ecological footprint, has long since undertaken initiatives regarding energy efficiency and the prevalent use of energy from renewable sources. 
In terms of energy, thanks to the use of electricity generated from renewable sources in 2019 more than 175,000 tons of CO₂ has been avoided in total.

Group - Co2eq emissions from Scope 1 (Direct) and Scope 2 (Indirect Market Based) 
Results compared to the 2008 reference year

*/** See the details note

Market-based: for the electricity purchased the data considers the contribution, contractually expected, of the Certificates of Origin from renewable sources and therefore with zero emissions.