Public Profile

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.

27

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.

3

Industry Benchmark

Banca Popolare di Sondrio S.p.A's score of 27 is higher than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.

75%

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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 a GHG emissions intensity of approximately 0.052 tonnes CO2e per million euros of revenue. This figure reflects their commitment to monitoring and managing carbon emissions, although specific total emissions data for Scope 1, 2, and 3 are not disclosed. The bank has set an ambitious near-term reduction target for Scope 1 emissions, aiming for a 29% absolute reduction by 2030, specifically targeting the oil and gas sector. This initiative is part of their strategy to address carbon-intensive industries and aligns with the goals set by the Net Zero Banking Alliance (NZBA). Banca Popolare di Sondrio's climate commitments demonstrate a proactive approach to sustainability, focusing on significant reductions in emissions while continuing to assess their environmental impact through revenue-based metrics.

Industry emissions intensity

Very low
Low
Medium
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Very high
Some industries are more carbon intensive than others. Banca Popolare di Sondrio S.p.A's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

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 Popolare di Sondrio S.p.A is in IT, which has a low grid carbon intensity relative to other regions.

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.

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

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