Banca Popolare di Sondrio S.p.A Sustainability Profile
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 24 is lower than 68% 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 a GHG emissions intensity of approximately 0.052 tonnes CO2e per million euros of revenue, based on a total revenue of about 1.41 billion USD. This figure reflects the bank's operational impact, although specific absolute emissions data for Scope 1, 2, and 3 are not disclosed. For the previous year, 2022, the emissions intensity was approximately 0.065 tonnes CO2e per million euros of revenue, indicating a slight improvement in emissions efficiency. The bank's emissions data is cascaded from its own reporting, with no specific reduction targets or climate pledges identified in the available documentation. Banca Popolare di Sondrio S.p.A has not disclosed any significant reduction initiatives or commitments to the Science Based Targets initiative (SBTi). The absence of detailed emissions data suggests a need for enhanced transparency in their climate commitments. Overall, while the bank demonstrates a commitment to monitoring its emissions, further action and clearer targets would strengthen its climate strategy.
How Carbon Intensive is Banca Popolare di Sondrio S.p.A's Industry?
How Carbon Intensive is Banca Popolare di Sondrio S.p.A's Location?
Banca Popolare di Sondrio S.p.A'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 Sondrio S.p.A 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.
