SME profile

20 Fund

Italy
SME Climate Hub directory
SectorFinance - General
RegionEurope
Size band1-10 employees
Joined SME Hub16 Feb 2023
Reporting statusCommitted
Partial profile

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Commitment

Net zero target
By 2030
Scope 1 + 2 + 3

Country grid context · Italy · 2024

Renewables
41%
of generation
Intensity
233
gCO₂/kWh · low

Hydro + solar lead; gas still ~45%.

Source: Ember Yearly Electricity Data (CC BY 4.0). For SMEs, the grid carbon intensity is the dominant lever on Scope 2 emissions — switching to a renewable tariff is often the single biggest cut available.

Grid trajectory

No multi-year history available for this country yet.

Sector net-zero pathway· financial services

Industry-level decarbonisation context — not this firm's own commitment. Shows how the wider sector needs to evolve for individual SME targets to be achievable.

Financial firms have small operational footprint but financed emissions follow the broader transition pathway.

Sector primary pathway
Corporate Scope 1+2 absolute emissions
% of 2020 emissions
0501002020203020402050
Year readout

Hover the chart to read off Best / Realistic / Worst values at any year. Click to pin the readout.

2050 endpoint:
Best 0% · Worst 70%
Corporate Scope 1+2 absolute emissions · % of 2020 emissions · base 2020 · Source: SBTi 1.5°C corporate criteria (4.2% YoY) · Race to Zero · BAU
SBTi 1.5°C corporate criteria (4.2% YoY) · Race to Zero · BAU
Sector dependencies · 2 upstream sectors
Grid carbon intensity
% of 2020 gCO2/kWh
0501002020203020402050
Best0%
Realistic15%
Worst60%
Grid carbon intensity · % of 2020 gCO2/kWh · base 2020
Source: IEA WEO 2023 — NZE / APS / STEPS
IEA WEO 2023
Oil + gas demand (combined energy)
% of 2020 demand
0631252020203020402050
Best25%
Realistic60%
Worst95%
Oil + gas demand (combined energy) · % of 2020 demand · base 2020
Source: IEA WEO 2023 — NZE / APS / STEPS
IEA WEO 2023

Pathway data is authored estimates anchored on IEA / SBTi sector pathways. Best / Realistic / Worst lines map to NZE / APS / STEPS-style scenarios.