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 24 is higher than 56% 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 1,278,500,240 kg CO2e. This figure includes 191,598,030 kg CO2e from Scope 1 emissions, which primarily arise from direct operations, and 31,914,780 kg CO2e from Scope 2 emissions, associated with purchased electricity. The majority of their emissions, about 1,054,987,430 kg CO2e, fall under Scope 3, which encompasses indirect emissions from activities such as business travel and employee commuting. In previous years, Banca Mediolanum's emissions have shown a trend of reduction. For instance, in 2022, total emissions were approximately 1,749,123,130 kg CO2e, indicating a significant decrease in emissions over the year. The company has not publicly disclosed specific reduction targets or initiatives, nor have they committed to Science-Based Targets Initiative (SBTi) reduction targets. Banca Mediolanum's climate commitments remain vague, with no specific pledges or documented reduction initiatives available. The bank's emissions data highlights the importance of addressing both direct and indirect emissions to enhance their sustainability efforts in the financial sector.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Scope 1 | 4,030,360 | 0,000,000 | 0,000,000 | 000,000,000 | 000,000,000 |
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.