From Intesa EUR 112 billion over 4 years for sustainability projects for companies and households

Sustainability as an ethical choice, as an essential value to ensure a future for the planet and the generations to come, but also as a strategic lever for businesses and for the competitiveness of the Italia economic system. It is on this vision that Intesa Sanpaolo's commitment to the green transition, pursued for years and reinforced in the new 2026-2029 Business Plan presented last February by the group's CEO, Carlo Messina, is based.

A commitment reiterated yesterday at the 'Energy and Climate Adaptation: New Challenges for Business' conference held in Milan. In fact, the bank's chairman, Gian Maria Gros-Pietro, pointed out that the plan allocates 30% of new medium- to long-term loans to sustainable lending. Intesa Sanpaolo is making EUR 122 billion available to businesses and households over four years, of which around EUR 87 billion is earmarked for the green transition and around EUR 25 billion for loans with a social impact. In the plan, the group also confirmed its decarbonisation commitments in line with the Net-Zero target to 2050, by strengthening the 2030 targets on financed emissions, asset management, insurance and own emissions.

"We need new technologies and these come from new knowledge, so it is necessary to invest in knowledge and, immediately afterwards, to invest in knowledge applications," explained Gros-Pietro at the opening of the conference, which featured speeches by numerous entrepreneurs, managers, experts and political personalities, including Enrico Letta - former Prime Minister and now President of the Institut Jacques Delors and Rector of the IE School of Politics, Economics & Global Affairs in Madrid - and Enrico Giovannini, former Minister of Infrastructures and now Scientific Director of Asvis. "The energy transition is a strategic lever, which redefines supply chains and business models, requires the ability to innovate and coordination between the various parties involved," Gros-Pietro added. To be effective, however, it must have a systemic dimension, "it cannot be entrusted solely to the will of individual economic actors". We therefore need coherent public policies also at supranational level, appropriate instruments and a regulatory framework that rewards the future. It is precisely in this context that finance comes into play: 'We are ready to play our part,' confirmed the chairman of Intesa Sanpaolo. 'Our task is to provide the necessary capital, so as to obtain what is needed and, at the same time, remunerate the savers who make these resources available.

Subsequent speeches highlighted how, on the energy transition front, the effects of a dependency on fossil fuels are evident in Europe and how, consequently, there is an urgent need to invest in new electricity infrastructure and renewable sources. Climate change is becoming more and more concrete, with extreme phenomena on the increase, making it necessary to act quickly to mitigate its consequences and find new adaptation solutions.

Climate adaptation and energy transition are therefore two sides of the same strategy, said Paola Angeletti, chief sustainability officer of Intesa Sanpaolo. "It is a systemic challenge, which concerns the way we plan our economies, the role of businesses, the collaboration between the public and private sectors," she added. Intesa Sanpaolo is able to accompany and accelerate this transformation, channelling resources towards projects that make the economic system more efficient, sustainable and competitive. In the first quarter of 2026, the group disbursed EUR 4.2 billion in new medium- to long-term loans for sustainable transition, including EUR 1.4 billion in green mortgages (35% of new mortgages).