Banca Mediolanum
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.
DitchCarbon Score
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.
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.
Industry Benchmark
Banca Mediolanum's score of 43 is higher than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Banca Mediolanum's reported carbon emissions
In 2023, Banca Mediolanum reported total carbon emissions of approximately 4,040,041,000 kg CO2e, with emissions distributed across all three scopes. Specifically, Scope 1 emissions were about 2,265,820 kg CO2e, primarily from mobile combustion (418,340 kg CO2e) and stationary combustion (5,340 kg CO2e). Scope 2 emissions totalled approximately 13,560 kg CO2e, while Scope 3 emissions accounted for a significant 4,040,000,000 kg CO2e, largely driven by investments (4,037,045,150 kg CO2e) and employee commuting (2,221,400 kg CO2e). In 2022, the bank's emissions were similarly substantial, with total emissions of around 4,138,540,000 kg CO2e globally. Scope 1 emissions were about 2,628,410 kg CO2e, and Scope 2 emissions reached approximately 204,880 kg CO2e. The Scope 3 emissions for that year were also significant, totalling around 4,138,540,000 kg CO2e. Banca Mediolanum has not disclosed specific reduction targets or initiatives as part of its climate commitments, and there are no SBTi (Science Based Targets initiative) reduction targets reported. The organisation's emissions data is sourced directly from Banca Mediolanum S.p.A., with no cascaded data from a parent company. Overall, Banca Mediolanum's emissions profile highlights the substantial impact of its investment activities and employee commuting on its overall carbon footprint, underscoring the need for targeted climate action strategies.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 3,125,900 | 0,000,000 | 0,000,000 |
| Scope 2 | 2,684,340 | 000,000 | 00,000 |
| Scope 3 | 3,650,583,050 | 0,000,000,000 | 0,000,000,000 |
Industry emissions intensity
Location emissions intensity
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.
Banca Mediolanum 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.
