A notable reduction in CO2 equivalent emissions deriving from electricity and heat consumption was recorded in 2015 as well. This reduction - of around 7.4% - was largely due to management saving and plant efficiency actions carried out during the year, and the favourable climate trend, with milder temperatures at the end of the year, for heat consumption. Part of the reduction in CO2 equivalent emissions - around 1.5% - can be traced back to the update of processing factors following the evolution of energy production systems which, in addition to greenhouse gases directly traced in CO2 equivalent (GWP), also take into account the most significant gases involved in an indirect manner: sulphur dioxide (SO2) and nitrogen oxides (NOX). The overall net reduction in CO2 equivalent emissions for electricity and heat consumption is equal to approximately 5.9%.

In 2015 the CO2 equivalent emissions directly generated by the company (Scope 1: gas and diesel oil for the independent heating system and petrol and diesel oil for the company fleet) fell by around 3%, due to the particularly favourable climate for heat consumption and the lower use of the company fleet, with the consequent streamlining of the number of vehicles in favour of more sustainable means of transport and communication in terms of emissions.

Indirect emissions (Scope 2: natural gas and diesel oil for centralized heating system and purchased electricity) fell by about 13%, corresponding to approximately 6,000 tons of CO2 equivalent emissions. Considering only the use of electricity from traditional sources, and therefore without the contribution of Garanzia d’Origine (Guarantee of Origin) renewable energy certificates as stipulated contractually, the emissions attributable to the Intesa Sanpaolo Group would register a potential reduction of over 20,000 tons of CO2 equivalent.

For other indirect emissions (Scope 3: other indirect emissions and mobility, excluding the corporate fleet already reported under Scope 1), the scope of reported activities was further expanded in 2015 to include indirect emissions stemming from the purchase of paper and office equipment and the production of waste, already included in 2014, as well as indirect emissions from customers from the use of internet banking services; as such, the 2014 and 2015 figures are not directly comparable. An analysis of Scope 3 compared with the same scope in 2014 shows a moderate increase, of approximately 4%, mainly due to the replacement of office equipment, and the related increase in both the production of waste and the purchase of new equipment, which was offset by a reduction in emissions related to the purchase of paper and mobility.

Summary table of environmental emissions verified by a third party

Scope 1 43,930 45,277 59,041
Scope 2 40,225 46,207 52,696
Scope 3 26,338 25,365 26,639

CO2 performance indicators (Scope 1 and 2)201520142013
tCO2 per million euro of net operating income 4.907 5.414 6.877
tCO2 per m2 0.023 0.025 0.029
tCO2 per full time employee 0.923 0.997 1.169

CO2 emissions from company mobility in Italy 2015/2014 [tCO2/year]*

NOSO2 emissions [t/year] 2015

A park tree at the Bank  

To contribute to the ecosystem preservation and to spread the culture of sustainability, an agreement between Intesa Sanpaolo, the Province of Turin and the Municipality of Piossasco has been signed since 2010. The agreement features a programme of interventions launched to clean up the green area and restore the nursery garden located in the Monte San Giorgio Park (approx. 400 hectares at an altitude of between 300 and 837 metres). The nursery garden trees are used to reforest areas without vegetation, but a part of them - about 200 specimens of hornbeam, mount maple, field maple and wild cherry - have been made freely available to the employees who have requested them. The project was carried out by Intesa Sanpaolo in collaboration with La Bottega s.c.s. ONLUS, which has been working for fifteen years on the social and employment integration of people with intellectual disabilities; La Bottega has launched an innovative project, called “Il Club dei 100” (The Club of the 100), a solidarity-based support towards autonomy for persons with disabilities, organised at the Nursery Garden of Monte S. Giorgio.