Banca Popolare di Milano Società per Azioni Sustainability Profile
Banca Popolare di Milano Società per Azioni, commonly referred to as BPM, is a prominent Italian banking institution headquartered in Milan, Italy. Established in 1865, BPM has evolved into a key player in the financial services industry, primarily serving the Lombardy region and other major urban centres across Italy. The bank offers a diverse range of products and services, including retail banking, corporate finance, and wealth management, distinguished by its customer-centric approach and innovative solutions. With a strong market position, BPM has achieved significant milestones, including strategic mergers that have expanded its operational footprint and enhanced its service offerings. Recognised for its commitment to sustainability and community engagement, Banca Popolare di Milano continues to uphold its legacy while adapting to the dynamic financial landscape.
DitchCarbon Score
How does Banca Popolare di Milano Società per Azioni'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 Popolare di Milano Società per Azioni's score of 52 is higher than 73% 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 Popolare di Milano Società per Azioni currently does not have specific carbon emissions data available for the most recent year. The organisation is a current subsidiary of Banco BPM S.p.A., which may influence its climate-related initiatives and reporting. As of now, there are no documented reduction targets or climate pledges from Banca Popolare di Milano. The absence of specific emissions data and reduction initiatives suggests that the bank may still be in the early stages of formalising its climate commitments. Given its relationship with Banco BPM S.p.A., any climate-related performance or targets may be inherited from this parent organisation. However, specific details regarding emissions or reduction targets from Banco BPM S.p.A. have not been provided in the available data. In summary, Banca Popolare di Milano is currently lacking in specific emissions data and formal climate commitments, with potential influences from its parent company, Banco BPM S.p.A. Further information may be required to assess its overall climate impact and initiatives.
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| 2017 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 14,993,000 | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 5,513,000 | - | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000 |
| Scope 3 | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000,000 |
How Carbon Intensive is Banca Popolare di Milano Società per Azioni's Industry?
How Carbon Intensive is Banca Popolare di Milano Società per Azioni's Location?
Banca Popolare di Milano Società per Azioni's Scope 3 Categories Breakdown
Banca Popolare di Milano Società per Azioni's Scope 3 emissions, which increased significantly last year and increased significantly since 2019, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Investments" being the largest emissions source at 100% of Scope 3 emissions.
Top Scope 3 Categories
Banca Popolare di Milano Società per Azioni'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 Popolare di Milano Società per Azioni 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.
