Use of renewable sources
A notable reduction in CO2 equivalent emissions deriving from electricity and heat consumption was recorded in 2014 as well. This reduction - of around 16.8% - 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.
Pursuing sustainable choices in the environmental sphere is an increasingly pressing issue for those companies that are aware of the impact directly or indirectly generated by their business activities. Intesa Sanpaolo considers environmental protection as an integral part of its business strategy and for years it has been committed to promoting responsible resource management in order to reduce its carbon footprint and evaluate – with the utmost care - the consequences of its economic activities on the environment.
Climate change poses direct and indirect risks to the Bank’s business activities. In recent years we have witnessed extreme atmospheric events at global level that have had considerable impact on the Bank’s structures and on the activities and daily lives of our corporate and retail customers. Knowing how to assess and manage these risks is therefore increasingly important.