Public Profile

Bank Millennium S A

Bank Millennium S.A., headquartered in Poland, is a prominent player in the banking industry, offering a comprehensive range of financial services. Founded in 1989, the bank has established itself as a key provider of retail and corporate banking solutions, with a strong presence in major urban centres across the country. The bank's core products include personal accounts, loans, and investment services, distinguished by their innovative digital banking features. Bank Millennium is recognised for its commitment to customer satisfaction and technological advancement, positioning itself as a leader in the Polish banking sector. With a focus on sustainable growth and financial inclusion, Bank Millennium has achieved notable milestones, including awards for its customer service and digital banking initiatives. Its strategic approach and robust market position make it a trusted choice for individuals and businesses alike in Poland.

DitchCarbon Score

How does Bank Millennium S 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.

37

Industry Average

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.

27

Industry Benchmark

Bank Millennium S A's score of 37 is higher than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.

89%

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Bank Millennium S A's reported carbon emissions

In 2023, Bank Millennium S.A. reported total carbon emissions of approximately 9,454,000 kg CO2e. This figure includes Scope 1 emissions of about 2,118,000 kg CO2e, primarily from mobile combustion (approximately 1,772,000 kg CO2e) and stationary combustion (about 316,000 kg CO2e). Scope 2 emissions, calculated on a market-based approach, totalled around 5,168,000 kg CO2e. Additionally, the bank's Scope 3 emissions reached approximately 6,989,000 kg CO2e, with significant contributions from fuel and energy-related activities (about 4,217,000 kg CO2e) and purchased goods and services (approximately 749,000 kg CO2e). Comparatively, in 2022, Bank Millennium's total emissions were about 12,082,000 kg CO2e, indicating a reduction in emissions year-on-year. The bank has not publicly committed to specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges, which suggests a need for further development in their climate strategy. Overall, while Bank Millennium S.A. has made strides in reducing its carbon footprint, the absence of formal reduction targets highlights an opportunity for enhanced climate commitments moving forward.

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2020202120222023
Scope 1
2,245,000
0.00
0,000,000
0,000,000
Scope 2
21,434,000
00.00
0,000,000
0,000,000
Scope 3
3,247,000
0.00
0,000,000
0,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Bank Millennium S A's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Bank Millennium S A is in PL, which has a very high grid carbon intensity relative to other regions.

Reduction initiatives & disclosure networks

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.

Bank Millennium S 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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