Banca Monte Dei Paschi Di Siena Spa
Banca Monte dei Paschi di Siena Spa, often referred to as MPS, is a prominent financial institution headquartered in Siena, Italy. Established in 1472, it is one of the oldest banks in the world, with a rich history that has shaped its evolution in the banking sector. Operating primarily in Italy, MPS offers a diverse range of services, including retail banking, corporate finance, and wealth management, catering to both individual and business clients.
The bank is recognised for its commitment to innovation and customer service, providing unique financial solutions tailored to meet the needs of its clientele. With a significant market presence, Banca Monte dei Paschi di Siena has achieved notable milestones, including its role in the Italian banking landscape and various strategic partnerships. As a key player in the "Other business services" industry, MPS continues to adapt and thrive in a competitive environment.
+18 vs industry average
Banca Monte Dei Paschi Di Siena Spa’s score of 51 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Part of the Sustainability team at Banca Monte Dei Paschi Di Siena Spa?
- Control how your company's emission story is told
- Respond to customers efficiently
- See who's viewing your profile
Industry Intensity
Business Services is among the least carbon-intensive industries
Industry performance
The Business Services industry has reduced its overall emissions by 25% since 2018
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Banca Monte Dei Paschi Di Siena Spa's reported carbon emissions
Banca Monte dei Paschi di Siena S.p.A. (MPS) reported approximately 369,965,000 kg CO2e in total emissions for 2024. This comprises about 25,677,000 kg CO2e of Scope 1 emissions, approximately 5,334,000 kg CO2e of Scope 2 emissions, and roughly 338,954,000 kg CO2e of Scope 3 emissions.
In 2023, the bank's total emissions were approximately 448,351,000 kg CO2e, with Scope 1 emissions at about 27,710,000 kg CO2e, Scope 2 at approximately 6,531,000 kg CO2e, and Scope 3 at around 414,109,000 kg CO2e.
MPS has set a target to reduce its Scope 1 and 2 operational greenhouse gas (GHG) emissions by 60% by 2026, compared to a 2017 baseline of 37,364 metric tons of CO2 equivalent. Notably, the bank has already surpassed this operational emissions reduction target, with 2024 levels falling below the 2026 goal.
Furthermore, MPS aims to reduce its value chain (Scope 3) GHG emissions by 77% by 2030, using a 2022 baseline of 196,000 metric tons of CO2 equivalent. As of 2024, MPS is ahead of schedule on this value chain emissions target, having achieved approximately 94.81% of the planned reduction. The bank also has a target to achieve net-zero for its direct Scope 1 and 2 emissions by 2030.
The company's HQ is located in Italy (IT), and its industry is categorised as Other business services (74). Emissions data for MPS is not cascaded from a parent organisation.
Unlock detailed emission data
Access structured emission data, company specific factors and auditable source documents
Banca Monte Dei Paschi Di Siena Spa’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives

Science Based Targets Initiative

Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
View similar organisationsUsage policy
You’re welcome to quote or reference data from this page, but please include a visible link back to this URL. Bulk collection, resale, or redistribution of data from multiple profiles is not permitted.
See our License Agreement for more details.
Where does DitchCarbondata come from?
Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers
Learn moreCurious to see your top suppliers emissions?
Book a demo for a pilot project