Banca Popolare di Sondrio S.p.A
Banca Popolare di Sondrio S.p.A., commonly referred to as BPS, is a prominent Italian cooperative bank headquartered in Sondrio, Italy. Established in 1871, BPS has a rich history of serving local communities, primarily in Lombardy and other northern regions. The bank operates within the financial services industry, focusing on retail banking, corporate banking, and wealth management. BPS distinguishes itself through its commitment to customer-centric services, offering a range of products including personal loans, mortgages, and investment solutions tailored to meet diverse client needs. With a strong emphasis on sustainability and local development, Banca Popolare di Sondrio has solidified its market position as a trusted financial partner, achieving notable milestones in community engagement and financial stability.
DitchCarbon Score
How does Banca Popolare di Sondrio S.p.A'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 Sondrio S.p.A's score of 61 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Banca Popolare di Sondrio S.p.A's reported carbon emissions
In 2023, Banca Popolare di Sondrio S.p.A reported significant carbon emissions, totalling approximately 9,700,000 kg CO2e for Scope 1 and about 3,000,000 kg CO2e for Scope 2. Additionally, their Scope 3 emissions reached around 52,490,000 kg CO2e, with notable contributions from business travel and purchased goods and services. The bank's emissions data indicates a substantial increase in Scope 1 emissions from 2022, where they were reported at about 77,262,000 kg CO2e, while Scope 2 emissions decreased from approximately 5,231,000 kg CO2e. In contrast, Scope 3 emissions saw a rise from about 252,454,000 kg CO2e in 2022. Despite these figures, Banca Popolare di Sondrio has not established specific reduction targets or climate pledges, indicating a potential area for improvement in their climate commitments. The absence of documented reduction initiatives suggests that the bank may need to enhance its strategies to address its carbon footprint effectively. Overall, while the bank has made strides in tracking its emissions across all three scopes, the lack of defined reduction targets highlights the need for a more robust approach to climate action.
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| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | 4,368,000 | 00,000,000 | 0,000,000,000 | 000,000 |
| Scope 2 | 5,502,000 | 0,000,000 | 0,000,000 | - |
| Scope 3 | 0.26 | 000,000,000 | 00,000,000 | 0,000,000 |
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 Popolare di Sondrio S.p.A is not committed to any reduction initiatives 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.
