Net Zero targets set for wealth management companies

Intesa Sanpaolo’s wealth management companies, Eurizon Capital SGR, Fideuram Asset Management SGR, Fideuram Asset Management Ireland dac and the Intesa Sanpaolo Vita Insurance Group, have set their respective targets as part of the Net Zero Asset Managers Initiative (NZAMI) and the Net Zero Asset Owner Alliance (NZAOA). These targets, approved by each company’s Board of Directors, follow the publication - in the 2022-2025 Business Plan - of the 2030 targets for cutting financed emissions in the main emission-intensive sectors and come in the wake of the Group’s participation in the Net-Zero Banking Alliance.

After joining the Net Zero initiatives, announced at the end of 2021, Intesa Sanpaolo’s wealth management companies committed to publishing their intermediate targets on the path to reaching net greenhouse gas neutrality of assets under management by 2050.