Use of renewable sources

Committed to gradually reducing its dependence on fossil sources, the Intesa Sanpaolo Group has consolidated its purchase of electricity in Italy from sources certified as renewable (Guarantee of Origin) at all sites where this is possible. Moreover, although with limits due to architectural barriers and the limited availability of appropriate buildings, expansion of the photovoltaic facilities for the self-generation of electricity continued in 2014, with the construction of two photovoltaic plants for a total peak power of approximately 38 kWp. Three large plants are therefore currently operational (>100 kWp), along with six small ones (≤20 kW) and two small, innovative photovoltaic plants in Turin and Venezia Marghera. In 2014, the installed plants generated a total of around 885 MWh of electricity. These facilities, along with the purchase of electricity from renewable sources, with coverage exceeding 95% of electricity consumption, are estimated to have avoided over 140,000 tons of CO2 emissions in 2014.
Thanks to the state incentive provided through the “conto energia”, since 2012 we have had an economic return of around 750,000 euro from our three biggest photovoltaic plants.
With regard to the self-generation of electricity, there is also a small cogeneration plant at the accounting centre in Parma (which covers approximately 41% of the electricity needs of the Parma complex and 3% of the overall needs of the Intesa Sanpaolo Group), in addition to the self-generation of energy from renewable sources through heat pumps used for heating which, in line with Legislative Decree 28/11 implementing Directive 2009/28/EC, corresponds to an additional 1,800 tons of CO2 emissions avoided per year. In fact, based on the aforementioned regulations, the heat (thermal energy) produced by a heat pump that exceeds the quantity of energy required for its operation is considered to be a renewable source.
The commitment to renewable energy continues in the International Subsidiary Banks as well, despite the limitations imposed by national legislation in a number of countries: since 2014 Banka Koper has purchased all of its energy from renewable sources, which join the two photovoltaic plants in Slovenia that generated around 45.8 MWh.

Intesa Sanpaolo Group photovoltaic plants - Production (kWh) and Avoided Emissions (kg CO2eq)


Containment of energy consumption

The Intesa Sanpaolo Group continued to limit its energy consumption in 2014 through management optimisation actions and energy efficiency measures. The results confirm the important consumption reduction trend achieved in these years: due to the high level of automation and widespread use of heat pumps, the consumption of electricity, the energy most widely used by the Group in Italy, fell by a further 6.8% compared with the previous year, potentially corresponding to around 10,000 tons of CO2 emissions avoided. In the 2012-2014 period, electricity consumption in Italy fell by around 15%: a very important achievement that puts the Intesa Sanpaolo Group among the leading companies in Italy to have launched energy efficiency activities, and a milestone which is often now used as a sector benchmark.
These savings were also possible thanks to the drafting of a Sustainable Energy Action Plan (SEAP) which started in 2012 and is structured into various actions with objectives to be met by 31/12/2016. In line with the Environmental and Energy Policy, the SEAP involves actions relating to the following company areas: Environmental and Energy Management System, energy optimisation and efficiency, monitoring of consumption and policies, innovation, green procurement, employees and International Subsidiary Banks. In turn, each action involves, where applicable: economic investment (extra budget), energy savings, cost savings and CO2 avoided.

Below are some of the initiatives, included in the SEAP, launched to improve overall energy efficiency:

  • greater use of energy consumption dataloggers managed via the web, which allow the activation of programmes for switching lighting and air conditioning systems on and off;
  • replacement of traditional boilers with condensation boilers, heat pumps and high-yield cooling systems, and modernisation of electrical systems;
  • replacement of floor lamps, spotlights and lights in the various rooms with new LED floor and wall lamps;
  • remote switching-off of PCs and the gradual replacement of office equipment with more energy-efficient models.

Average weekly consumption [kW]


The chart shows how an energy efficiency measure introduced in a branch of around 1,000 m2 had a major impact on average weekly consumption. In this case, the cooling systems and the cooling tower were replaced, together with the switchboards and the electrical cables, and the lighting system was completely replaced with LED lamps.


A major contribution to reducing electricity consumption in 2014 also came from the “BYOD (Bring your own device)” project. First launched in 2013, by modifying the workstation facilities that the Intesa Sanpaolo Group makes available to the consultants that operate at its sites, in the last two years it has made it possible to attain energy savings of around 340 MWh, corresponding to over 130 tons of CO2 equivalent not emitted into the atmosphere, and a cost savings of around 74,000 euro.

Application of the Building Heat Check-up (CTE) procedure in buildings and branches covered by the SGAE system allowed significant savings to be achieved: in the last three winter seasons the sites at which it was applied achieved an overall heat energy saving of approximately 20%, corresponding to around 840,000 euro.


In addition, in line with the contents of the internal policy on sustainable branches, renovated or newly built sites were fitted out in accordance with criteria for improving energy efficiency and management. As a result of measures taken in recent years, mainly associated with the replacement of traditional boilers with condensation boilers, heat pumps and high-yield cooling units, and the replacement of windows with low-E glass, the Group has been able to claim tax deductions, securing an economic return of around 20 million euro between 2009 and 2014.

It is also important to remember that Intesa Sanpaolo has an Environmental and Energy Management System which, at the end of 2014, counted approximately 220 operating units in Piedmont, Lombardy, Veneto, Trentino Alto Adige, Friuli Venezia Giulia, Emilia Romagna, Puglia and Sardinia, and which oversees the environmental aspects and energy uses that have or may have an effect on the surrounding environment. This system undergoes constant monitoring and periodic checks to guarantee the continuous improvement of environmental and energy performances, and is certified by an external body pursuant to the UNI EN ISO 14001:2004, UNI CEI EN ISO 50001:2011 and UNI EN ISO 14064:2012 standards. For the same area, greenhouse gas (GHG) emissions are also certified according to the UNI EN ISO 14064:2012 standard; to this end, no emissions of ozone depleting substances (ODS) were recorded in 2014.

The Group’s International Subsidiary Banks have also launched major energy efficiency measures in the various branches and main offices, and some have adhered to the SEAP, setting themselves important goals. In general, the measures launched have regarded the replacement of cooling systems, the introduction of LED or high-efficiency lights in the branches and signage, the introduction of the automatic night time switch-off of computers, the introduction of automatic light adjustment and on/off light switching systems, new printing methods with a reduction in the use of electricity, the installation of thermostatic valves, and initiatives to reduce the temperature where it is too high. The specific initiatives of Bank of Alexandria and VÚB Banka are noteworthy. In Egypt, thanks to an agreement with the Egyptian Ministry of the Environment and UNEP, our bank launched a process to replace all lamps with LEDs, with forecast savings of around 65% in the energy used for lighting. In Slovakia, on the other hand, a simple 1 degree centigrade variation in the internal temperature (around 23° in the winter and 25-28° in the summer) led to a 6% saving in the cost of thermal energy and a saving of around 10% in the cost of air conditioning in the summer.


Main energy efficiency projects in Italy

ProjectDescriptionForecast annual savings
Measurement of electricity consumption     In 2014 around 500 dataloggers1 were installed. Managed via the web, they allow the activation of programmes for switching lighting and air conditioning systems on and off. Energy Saving: 890,000 kWh
Cost Saving: 178,000 €
CO2 Reduction: 345 t Investment: 1,350,000 €
Installation of photovoltaic plants     In 2014 two new photovoltaic plants were installed in Civitavecchia and Oristano, the data relating to which is reported alongside. Energy Saving: 51,400 kWh
Cost Saving: 11,000 €
CO2 Reduction: 20 t
Investment: 152,000 €
Replacement of air conditioning and heating systems     Replacement of traditional boilers or air conditioning systems with condensation boilers, heat pumps and high-yield cooling systems. Replacement of plants containing R22 gas too. Energy Saving: 4,860,000 kWh
Cost Saving: 980,000 €
CO2 Reduction: 1,880 t
Investment: 13,850,000 €
Modernisation of electrical systems     Upgrading of electrical systems, also with installation of LED lamps. Energy Saving: 39,000 kWh
Cost Saving: 7,900 €
CO2 Reduction: 15 t
Investment: 115,000 €
Office equipment actions       Rationalisation of PCs distributed and replacement of office equipment with more energy-efficient models Energy Saving: 1,600,000 kWh
Cost Saving: 350,000 €
CO2 Reduction: 620 t
Investment: 4,000,000 €
Remote switching-off of PCs       Extension in 2014 of the remote switching-off of branch PCs on Saturdays and the remote switching-off of PCs at the head office. Energy Saving: 1,750,000 kWh
Cost Saving: 385,000 €
CO2 Reduction: 680 t
Investment: 0 €

1. System for the collection of data regarding energy consumption.


Environmental responsibility, efficiency, sustainability, recognisability: these are the guidelines that characterised the measures carried out at the Intesa Sanpaolo Vita head office in viale Stelvio in Milan in 2014. The building now has efficient and high-performance air conditioning systems, a building enclosure thermal insulation system developed through the application of a heat-reflecting film to the external surface of windows and fixtures, a LED lighting system, and automatic devices for monitoring overall energy consumption. In addition, there is also a roof garden, a library and an extensive internal communications network.


The Bank’s commitment has taken tangible form at the Expo with a multifunctional exhibition space, The Waterstone. Two overlapping walls protect the building enclosure: the internal wooden wall protects against water and the wind, and the external wall provides shade and gives form to the building. The pavilion is inspired by the issue of sustainable and responsible development: in fact, the space between the two walls channels the air and directs it upwards by natural induction preventing the heat from penetrating, with considerable energy savings. In addition, the entire Branch, equipped with an automatic light regulating system, is lit exclusively using LED technology.


Intesa Sanpaolo confirmed its commitment to the issue of sustainable mobility in 2014 as well, seeking and proposing solutions for people’s mobility needs. Commitment continued with regard to implementation of the Home-Work Commuting Plans, which, apart from the regulatory requirements, represent a significant opportunity for organisational improvement and management of personnel mobility.

The most significant actions carried out in 2014 regarded the following:

  • the introduction of the possibility of purchasing annual public transport season tickets by instalments, in participating cities;
  • the increase in the number of partnerships with local public transport companies, also extended to Venice/Padua and Naples;
  • the monitoring of the use of shuttles, a fundamental tool for collecting data on their actual use and consequently evaluating initiatives to promote their use or, alternatively, modify routes and times;
  • the launch, thanks to the collaboration with the Intesa Sanpaolo Employees’ Association (ALI), of a partnership with the car sharing service car2go to facilitate public mobility in the cities in which the service operates;
  • the further analysis of the results of the online questionnaire on home-work commuting habits carried out last year;
  • the continuation of the new Business Travel project, created in order to implement an integrated corporate mobility system that promotes responsible conduct with a view to reducing economic and environmental impacts;
  • the constant monitoring of the data relative to the model used to report the Corporate Mobility environmental sustainability indicators for Italy and abroad.

With regard to the mobility measures launched by the international subsidiaries, corporate bike sharing is active in four banks (Intesa Sanpaolo Bank Romania, CIB Bank, Banka Koper and Intesa Sanpaolo Bank Albania) and in seven cities - Arad, Bucharest, Budapest, Koper, Isola, Ljubljana and Tirana. In addition, in Hungary special dressing rooms have been set up where employees arriving by bicycle can change and shower. In Slovakia and Russia, meanwhile, specific areas have been reserved for parking bicycles. The gradual replacement of corporate fleet vehicles with more environmentally-friendly cars continued: Banca Koper purchased a hybrid car, and Banca Intesa Beograd and Intesa Sanpaolo Bank Albania bought new Euro 5 cars. Also worthy of note is PBZ’s use of “Eco-taxis”.