Cassa Depositi e Prestiti S.p.A. (CDP) is a prominent Italian financial institution headquartered in Rome, Italy. Established in 1850, CDP plays a crucial role in the national economy, focusing on financing public investments and supporting the growth of Italian businesses. With a strong presence across various regions in Italy, the company operates primarily in the banking and financial services industry. CDP offers a range of core products and services, including long-term loans, project financing, and investment support, uniquely tailored to meet the needs of public entities and private enterprises. Notably, the institution has achieved significant milestones, such as its pivotal role in funding infrastructure projects and promoting sustainable development. As a key player in the Italian financial landscape, Cassa Depositi e Prestiti continues to enhance its market position through strategic partnerships and innovative financing solutions.
How does Cassa Depositi e Prestiti S.p.A.'s carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Cassa Depositi e Prestiti S.p.A.'s score of 22 is lower than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Cassa Depositi e Prestiti S.p.A. (CDP), headquartered in Italy, has not disclosed specific carbon emissions data for the year 2024. However, the organisation has reported a CO2e reduction intensity of approximately 0.000066 kg CO2e per euro of revenue, indicating a commitment to reducing emissions relative to its financial activities. In previous years, CDP has reported emissions data primarily related to Scope 2 emissions, with a consistent intensity of 1000.0 kg CO2e per employee for the years 2015, 2016, and 2017. This suggests a stable approach to managing indirect emissions associated with energy consumption in its operations. Currently, CDP has not set any specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The absence of documented reduction targets indicates a potential area for future commitment to climate action. Overall, while Cassa Depositi e Prestiti S.p.A. has demonstrated some level of emissions intensity reporting, further transparency and commitment to specific reduction targets would enhance its climate strategy.
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Cassa Depositi e Prestiti S.p.A. is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.