Joining the Net Zero Asset Owner and Net Zero Insurance Alliances
Intesa Sanpaolo announces its entry, through the Intesa Sanpaolo Vita Insurance Group, to the Net Zero Asset Owner Alliance (NZAOA) and the Net Zero Insurance Alliance (NZIA), completing the Group’s main Business Units’ commitment to net zero emissions by 2050, as announced on 20 October 2021 with its adherence to the Net-Zero Banking Alliance (NZBA) and, subsequently – through Eurizon Capital SGR, Fideuram Asset Management SGR and Fideuram Asset Management Ireland – to the Net Zero Asset Managers Initiative (NZAMI).
The NZAOA and NZIA respectively bring together 61 international institutional investors and 15 of the world's leading insurers and reinsurers, all committed to bringing their investment and underwriting portfolios to net zero greenhouse gas emissions by 2050, in line with the goal to reach a maximum temperature increase of 1.5°C compared to pre-industrial levels by 2100.
December, 20 2021
Intesa Sanpaolo has been confirmed in the 2021 "Leadership band” of the CDP's Climate Change Questionnaire
The strong commitment of Intesa Sanpaolo to developing a low-carbon economy was recognized by CDP, that confirmed our Group in the 2021 "Leadership band” of the CDP's Climate Change Questionnaire with the A- score.
The "Leadership band" includes the best companies in the world for performance and transparency on climate change issues. The analysis was conducted on over 13,000 companies.
CDP is an international non-governmental organization that analyzes the environmental information of listed companies at the request of more than 500 investors representing approximately $ 110 trillion of assets under management. The CDP assessment provides institutional investors and stakeholders with a tool to monitor the efforts of companies in fighting climate change.
December, 7 2021
Intesa Sanpaolo receives The Banker's "Bank of the Year in Italy" award
Intesa Sanpaolo has again been recognized as “Bank of the Year in Italy” by The Banker, the Financial Times Group’s leading publication for the sector, on the occasion of the annual “Bank of the Year Awards” for 2021.
In their selection this year, The Banker’s judges paid particular attention to the role played by banks in providing stability and supporting the collective effort towards recovery from the pandemic – areas in which Intesa Sanpaolo distinguished itself. The judges placed continued emphasis on those banks that have led the way in helping customers and the wider economy to meet the needs of the future, and which have adapted best to establishing long-term growth in the face of such global change.
“This year’s award recognizes the Group’s success in a period of extraordinary commitment and transformation, strengthening our determination to work, every day, towards sustainable and inclusive growth", declared the Managing Director and CEO of Intesa Sanpaolo Carlo Messina who in an interview with The Banker spoke not only of the impact of the COVID-19 pandemic on Italy and the banking sector, but also of digital transformation, the role of our country in Europe and funds NextGenerationEU (NGEU) to stimulate economic recovery, accelerate growth and reduce public debt to make it more sustainable.
The CEO particularly emphasized the role of ESG (Environmental, Social and Governance) as a pillar of the new Business Plan 2022-2025: "We are leaders in Social Responsibility and we are investing heavily in social support programs. We are also in a good position as to governance. As for the environment we plan to demonstrate our leadership credentials in the coming years. Recent steps in this direction have been: committing to net-zero emissions by 2050, joining the UN’s Net Zero Banking Alliance and the Net Zero Asset Managers Initiative, as well as phasing out coal exposure by 2025".
December, 2 2021
Intesa Sanpaolo wins the 2021 Oscar di Bilancio - Special Prize Non-financial Statement
Intesa Sanpaolo wins the 2021 Oscar di Bilancio - Special Prize Non-financial Statement.
The Oscar di Bilancio is an award promoted by FERPI (Italian Federation of Public Relations), Borsa Italiana and Bocconi University, which annually rewards the most virtuous companies in reporting and in managing relationships with stakeholders.
The recognition to Intesa Sanpaolo confirms the Group's ability to report in a complete and transparent way, through its 2020 Consolidated Non-financial Statement, the commitments and results achieved in the ESG (Environmental, Social and Governance) area in line with the objectives and values declared at a strategic level, responding to the expectations of its stakeholders who are involved in a systematic process of listening and dialogue.
Consulting the CNFS and its interactive version allows to touch the concreteness of the results of the Group's commitment in the field of sustainability, increasingly at the center of the strategic choices and evaluations of stakeholders.
November, 26 2021
Intesa Sanpaolo confirmed in the Dow Jones Sustainability Indices
Intesa Sanpaolo has been included, for the eleventh year running - as the only italian bank - in the Dow Jones Sustainability World Index and Dow Jones Sustainability Europe Index among the most important global and European stock exchange indices of sustainability.
This announcement confirms Intesa Sanpaolo among the most committed groups in the world on ESG (Environmental, Social, Governance) issues for sustainable development and in support of SDGs (Sustainable Development Goals).
The indices include the best companies at global and European level, respectively, across all business sectors, selected on the basis of the annual assessment, conducted by S&P Global.
Intesa Sanpaolo was assigned an overall score of 83 out of 100, compared to a sector average of 38. The Group earned maximum points in 6 criteria out of 23 total criteria, in particular in those dedicated to anticrime policy and measures, customer relationship management, materiality, environmental and social reporting and financial inclusion. Within the finance sector, in 2021 24 banks were included in the Dow Jones Sustainability World Index and 9 in the Dow Jones Sustainability Europe Index.
November, 13 2021
The tenth Italian SRI Week is coming up
From 11 to 25 November, the Forum for Sustainable Finance, of which Intesa Sanpaolo is a member, organizes the 10th edition of the SRI Week, one of the main initiatives in Italy dedicated to Sustainable and Responsible Investment.
13 conferences on the calendar, which will be broadcast live streaming, as an opportunity to meet and reflect on concrete initiatives to be taken in the financial field to meet the needs of growth and, at the same time, to pursue the objectives of environmental and social sustainability.
On November 17, live streaming from Milan, there will be a meeting dedicated to the presentation of a research conducted by the Forum in collaboration with ALTIS-Università Cattolica, on the topic of Italian SMEs and sustainability reporting. Guest Anna Maria Roscio, Head of Business Sales & Marketing of Intesa Sanpaolo.
During the week, other seminars will explore crucial and highly topical issues for the sustainable finance sector.
For more information and for registration for events https://settimanasri.it/.
November, 10 2021
Joining the Net Zero Asset Managers Initiative
Intesa Sanpaolo joins the Net Zero Asset Managers Initiative (NZAMI) through its asset management subsidiaries Eurizon Capital SGR, Fideuram Asset Management SGR and Fideuram Asset Management (Ireland).
Eurizon Capital SGR and Fideuram AM SGR are the only Italian asset managers to have joined NZAMI to date. The initiative, launched in December 2020, currently has 220 signatories representing over $57 trillion in assets under management. It is made up of international asset managers committed to supporting the goal of net zero greenhouse gas emissions by 2050 or earlier, in line with efforts to limit global warming to 1.5 degrees Celsius, and to supporting investments in line with that target. The progress achieved must be reported in a TCFD Report, prepared in accordance with the Recommendations of the Task Force on Climate Related Financial Disclosures.
Adhering to the NZAMI is a further step that strengthens Intesa Sanpaolo's commitment to "Net Zero" emissions by 2050 - which extends to the Group’s subsidiaries and covers both the Group’s operations and the Group’s lending and investment portfolios - announced on 20 October, when the Group also announced its adherence to the Net-Zero Banking Alliance (NZBA).
1 November 2021
Commitment to net zero emissions by 2050, joining the Net Zero Banking Alliance and first TCFD Report published
Intesa Sanpaolo has approved its commitment to a net zero emissions target by 2050, including loan and investment portfolios. At the same time, the bank joined the Net-Zero Banking Alliance (NZBA) to consolidate the achievement of the targets set by the Paris Climate Agreement. It also published its first TCFD (Task Force on Climate-related Financial Disclosures) Report at Group level covering 2020-2021.
The Net Zero Banking Alliance is a banking alliance with over 82 members in 36 countries and $ 60 trillion in total assets, promoted by UNEP-FI (United Nations Environment Program Finance Initiative) the United Nations Environment Program dedicated to financial institutions.
Joining the Alliance represents a further important step for the bank in combating climate change, as part of a multi-year and articulated sustainability strategy which, in addition to reducing its own emissions, is based on supporting businesses, with around 80 billion euros made available during the NRRP (National Recovery and Resilience Plan) for financing the Green and Circular Economy and the ecological transition.
October, 20 2021
Intesa Sanpaolo in the new MIB ESG index, the first in Italy dedicated to ESG best practices
The Intesa Sanpaolo stock was included in the MIB ESG Index, the first blue-chip index for Italy dedicated to ESG (Environmental, Social, and Governance) best practices, launched on 18 October 2021 by Borsa Italiana.
The index includes issuers exhibiting ESG best practices and combines economic performance measurement with ESG assessments in line with the principles of the United Nations Global Compact. The composition of the index is based on the analysis of ESG criteria by Vigeo Eiris (V.E.), a company of Moody's ESG Solutions, which evaluates the ESG performance of issuers.
October, 18 2021
Consolidated Non-financial Statement as at 30 June 2021 has been published
Intesa Sanpaolo for the third year in a row is one of the very few banks in the world to voluntarily publish an infra-annual non-financial report.
The document presents a timely monitoring of projects, initiatives and quantitative indicators of non-financial performance in respect of ESG (environmental, social, governance) issues.
The objective is to timely and fully account, to the market and to all stakeholders, the results achieved over the course of the year, also witnessing the constant and active attention of the Group to these issues.
The document also reports on the progress made towards the sustainability commitments undertaken by the Group including the United Nations Sustainable Development Goals.
September, 29 2021
Intesa Sanpaolo's commitment on the second anniversary of the Principles for Responsible Banking
Intesa Sanpaolo in 2019 was among the first banks to adhere to the UNEP FI Principles for Responsible Banking - PRB (the section of the UN Environment Program dedicated to financial institutions).
Today the PRBs have reached their second anniversary and are well established as the main banking initiative linked to sustainability at a global level, signed by 247 banks in 63 countries (+ 80% since the launch of the initiative), which represent 40% of the banking sector world).
By joining the PRBs, Intesa Sanpaolo is participating in a collective effort to transform the banking system from a sustainable and long-term perspective, in particular, through participation in working groups dedicated to Impact analysis, Reporting and Assurance. In a specific section of the Consolidated Non-Financial Statement, the Bank reports annually to all its stakeholders on the initiatives implemented and the progress made in implementing the PRBs.
September, 22 2021
Intesa Sanpaolo confirmed in Refinitiv Diversity & Inclusion Index 2021
Thanks to its commitment to the inclusion and development of its people, Intesa Sanpaolo was confirmed in the Diversity and Inclusion Index, ranking in 50th place, an improvement on the 76th place in 2020.
Intesa Sanpaolo is the only Italian bank present and is the sixth in the world.
Refinitiv's thematic index includes the top 100 listed companies in the world that have distinguished themselves as more inclusive and attentive to diversity in the workplace. It is based on 24 parameters that can be traced back to four key categories: gender diversity, inclusion, people development and disputes.
September 17, 2021
Intesa Sanpaolo joins the WEF’s Stakeholder Capitalism Metrics initiative
Intesa Sanpaolo joins – as the only Italian bank - the Stakeholder Capitalism Metrics initiative of the World Economic Forum and is committed to comply with the metrics defined therein in its non-financial statement.
These metrics offer the essential possibility of convergence between ESG reporting standards and the comparability of ESG disclosures, elements for companies to measure performance and contribute to achieving the Sustainable Development Goals.
September, 21 2021
Intesa Sanpaolo adopts policies to reduce lending to the coal and oil & gas sectors
Intesa Sanpaolo has approved a more advanced policy on limitations and exclusions for the Group's lending operations in the coal sector and a new policy dedicated to unconventional oil & gas sector.
Rules for lending operations in the coal sector: from the date of issue of these rules, the Group will not increase its exposure relating to general purpose financial products and services towards companies belonging to the coal mining sector. In addition it is committed to bring the share of financial services to counterparties belonging to the coal mining sector down to zero (phase out) by 2025.
Rules for lending operations in the unconventional oil & gas sector: from the date of issue of these rules, the Group will not provide financial products and services to projects aimed at the development, construction and expansion of exploration and extraction activities relating to unconventional resources, as well as activities relating to transport infrastructures solely linked to exploration and extraction of unconventional resources. In addition it is committed to the elimination of exposures (phase out) by 2030.
27 July 2021
Interactive version - 2020 Consolidated Non-financial Statement
To enhance the contents of the 2020 CNFS, an interactive version (long form) has been developed where the main non-financial indicators and sustainability projects of the Group are represented in graphic form.
15 april 2021
2020 Consolidated Non-financial Statement has been published
The Consolidated Non-financial Statement 2020 reports the Group's performance in the environmental, social and governance (ESG) sector; the 2019 results confirm Intesa Sanpaolo's central role in social, cultural and environmental sustainability, even in the COVID-19 pandemic situation.
March 26, 2020
Intesa Sanpaolo confirmed in Bloomberg Gender-Equality Index 2021
Intesa Sanpaolo was confirmed in the Gender-Equality Index 2021, thematic index on gender equality launched by Bloomberg in 2018.
Bloomberg's analysis, across all sectors, covered more than 11,500 companies listed on the world's major stock exchanges and led to the inclusion in the index of 380 companies (325 in 2020) from 44 countries. Among these Intesa Sanpaolo obtained a score of 82.10%, well above the average of the global and Italian financial sector, both of which were less than 70%.
January 27, 2021