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 27 is lower than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Banca Popolare di Sondrio S.p.A's reported carbon emissions
In 2023, Banca Popolare di Sondrio S.p.A reported a revenue of approximately USD 1.41 billion, with a greenhouse gas (GHG) emissions intensity of about 0.052 tonnes CO2e per million euros of revenue. This data indicates a commitment to monitoring emissions, although specific absolute emissions figures for Scope 1, 2, and 3 are not disclosed. In 2022, the bank's revenue was around USD 983.7 million, with an emissions intensity of about 0.065 tonnes CO2e per million euros. The emissions data for 2021 included approximately 5,126 tonnes CO2e from purchased electricity and about 592 tonnes CO2e from indirect emissions, alongside 30 tonnes CO2e from gasoline usage. Banca Popolare di Sondrio has set a near-term absolute reduction target of 29% for CO2 emissions in the oil and gas sector by 2030, starting from 2022. This target is part of their strategy to address carbon-intensive sectors and reflects their commitment to reducing financed emissions. The emissions data is cascaded from Banca Popolare di Sondrio S.p.A, indicating a structured approach to climate commitments within its corporate family. The bank is actively working towards enhancing its sustainability practices, although specific details on SBTi targets or other climate initiatives are not provided.
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 participating in any of the initiatives that 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.
