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 63 is higher than 99% 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 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, 3,000,000 kg CO2e for Scope 2, and 52,490,000 kg CO2e for Scope 3 emissions. This marked a notable increase in Scope 1 emissions compared to previous years, where in 2022, Scope 1 emissions were about 77,262,000 kg CO2e, and in 2021, they were approximately 4,368,000 kg CO2e. For Scope 2 emissions, the bank reported about 5,231,000 kg CO2e in 2022 and 5,502,000 kg CO2e in 2021. Scope 3 emissions also saw fluctuations, with 252,454,000 kg CO2e in 2022 and 0.26 kg CO2e attributed to business travel in 2021. Despite these figures, Banca Popolare di Sondrio has not disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of documented reduction strategies suggests a need for enhanced climate commitments within the banking sector. The bank's emissions data reflects its operational impact on climate change, highlighting the importance of transparency and accountability in corporate sustainability efforts.
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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 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.
