Banca Mediolanum, headquartered in Italy, is a prominent player in the banking and financial services industry, offering a diverse range of products tailored to meet the needs of its clients. Founded in 1982, the bank has established itself as a leader in personal banking, investment services, and insurance solutions, with a strong presence across major operational regions in Italy and beyond. The bank is renowned for its innovative approach to wealth management and customer service, providing unique offerings such as personalised financial planning and a comprehensive digital banking platform. Banca Mediolanum's commitment to customer-centric solutions has earned it a notable position in the market, recognised for its excellence in service and client satisfaction. With a focus on sustainable growth and technological advancement, Banca Mediolanum continues to shape the future of banking in Italy and the wider European market.
How does Banca Mediolanum'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.
Banca Mediolanum's score of 41 is higher than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Banca Mediolanum reported total carbon emissions of approximately 4,138,540 kg CO2e, comprising 2,628,410 kg CO2e from Scope 1 and 204,880 kg CO2e from Scope 2 emissions. The bank's Scope 3 emissions were significant, reaching about 4,138,540,000 kg CO2e, primarily driven by business travel and employee commuting. In 2022, the bank's emissions were approximately 4,140,041,000 kg CO2e, with Scope 1 emissions at 2,265,820 kg CO2e and Scope 2 emissions at 135,560 kg CO2e. This indicates a slight reduction in Scope 1 and 2 emissions compared to 2023. Banca Mediolanum has not disclosed specific reduction targets or initiatives as part of its climate commitments. The absence of documented reduction targets suggests a need for further clarity on their long-term sustainability strategy. The bank's emissions data reflects its operational impact and highlights the importance of addressing carbon footprints in the financial sector.
Access structured emissions data, company-specific emission factors, and source documents
2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Scope 1 | 4,030,360 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 2 | 2,681,620 | 0,000,000 | 0,000,000 | 000,000 | 00,000 |
Scope 3 | - | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
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.
Banca Mediolanum is not committed to any reduction initiatives 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.