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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.
+20 vs industry average
Banca Monte Dei Paschi Di Siena Spa’s score of 56 is higher than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Business Services is among the least carbon-intensive industries
The Business Services industry has reduced its overall emissions by 25% since 2018
Scope 3 accounts for ••• of total emissions.
Banca Monte Dei Paschi Di Siena Spa, a company in the "Other business services (74)" industry headquartered in Italy, reported its 2024 emissions at approximately 369,965,000 kg CO2e. This total comprises about 25,677,000 kg CO2e from Scope 1 emissions, approximately 5,334,000 kg CO2e from Scope 2 emissions, and around 338,954,000 kg CO2e from Scope 3 emissions.
In 2023, the company's total emissions were approximately 448,351,000 kg CO2e, with Scope 1 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. This indicates a decrease in overall emissions between 2023 and 2024.
Banca Monte Dei Paschi Di Siena Spa has committed to achieving net-zero direct Scope 1 and 2 emissions by 2030. The company also set an operational target to reduce Scope 1 and Scope 2 emissions by 60% by 2026, against a 2017 baseline of 37,364 metric tonnes of CO2e (equivalent to 37,364,000 kg CO2e). As of 2024, the company has surpassed this operational emissions reduction target, achieving its climate goal ahead of schedule.
For its value chain emissions, covering Scope 3, the company aims to reduce these by 77% by 2030, using a 2022 baseline of 196,000 metric tonnes of CO2e (equivalent to 196,000,000 kg CO2e). As of 2024, Banca Monte Dei Paschi Di Siena Spa is ahead of schedule on this value chain emissions reduction target, having achieved 94.81% of the planned reduction.
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.
No scope 3 category breakdown has been disclosed yet.


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