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Public Profile
Business Services
IT
updated 19 days ago

Banca Monte Dei Paschi Di Siena Spa Sustainability Profile

Company website

Banca Monte dei Paschi di Siena Spa, often referred to as MPS, is a prominent Italian banking institution headquartered in Siena, Italy. Founded in 1472, it holds the distinction of being one of the oldest banks in the world, with a rich history that has shaped the Italian banking landscape. MPS primarily operates in retail and corporate banking, offering a diverse range of financial services, including loans, mortgages, and investment products. With a strong presence in Tuscany and significant operations across Italy, Banca Monte dei Paschi di Siena has established itself as a key player in the financial sector. The bank is recognised for its commitment to customer service and innovative financial solutions, making it a trusted choice for individuals and businesses alike. Notable achievements include its resilience through economic challenges and ongoing efforts to modernise its services in a competitive market.

DitchCarbon Score

How does Banca Monte Dei Paschi Di Siena Spa'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.

53

Industry Average

Mean score of companies in the Business Services 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.

29

Industry Benchmark

Banca Monte Dei Paschi Di Siena Spa's score of 53 is higher than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.

73%

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Banca Monte Dei Paschi Di Siena Spa's reported carbon emissions

In 2024, Banca Monte Dei Paschi Di Siena Spa reported total carbon emissions of approximately 369.965 million kg CO2e. This figure includes Scope 1 emissions of about 25.677 million kg CO2e, Scope 2 emissions of approximately 5.334 million kg CO2e, and Scope 3 emissions amounting to around 338.954 million kg CO2e. Comparatively, in 2023, the bank's total emissions were approximately 448.351 million kg CO2e, with Scope 1 at about 27.710 million kg CO2e, Scope 2 at approximately 6.531 million kg CO2e, and Scope 3 at around 414.109 million kg CO2e. This indicates a significant reduction in total emissions of about 78.386 million kg CO2e from 2023 to 2024. Banca Monte Dei Paschi Di Siena Spa has not set specific reduction targets or initiatives as part of the Science Based Targets initiative (SBTi) or other climate pledges. The emissions data is directly reported by Banca Monte Dei Paschi Di Siena S.p.A. and is not cascaded from any parent organization. The bank's commitment to addressing climate change is reflected in its emissions reporting, although further details on specific climate initiatives or long-term reduction strategies are not available.

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20172018201920202021202220232024
Scope 1
14,464,340
00,000,000
00,000,000
00,000,000
0,000,000
0,000,000
00,000,000
00,000,000
Scope 2
46,165,700
00,000,000
00,000,000
-
-
-
0,000,000
0,000,000
Scope 3
-
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000
000,000,000
000,000,000

How Carbon Intensive is Banca Monte Dei Paschi Di Siena Spa's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Banca Monte Dei Paschi Di Siena Spa's primary industry is Business Services, which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Banca Monte Dei Paschi Di Siena Spa's Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Banca Monte Dei Paschi Di Siena Spa is in IT, which has a low grid carbon intensity relative to other regions.

Banca Monte Dei Paschi Di Siena Spa's Climate Goals (2030 & 2050)

Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.

Banca Monte Dei Paschi Di Siena Spa has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare Banca Monte Dei Paschi Di Siena Spa's Emissions with Industry Peers

Banco Bpm Spa

IT
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 9 days ago

Crédit Agricole

IT
•
Financial intermediation services, except insurance and pension funding services (65)
Updated about 1 month ago

Evercore Inc.

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 6 days ago

JPMorgan Chase & Co

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 4 days ago

Raiffeisen Bank International AG

AT
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 9 days ago

Credit Suisse Group (Schweiz)

CH
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 5 days ago

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