Public Profile

Banca Sella

Banca Sella, officially known as Banca Sella Holding S.p.A., is a prominent Italian banking institution headquartered in Biella, Italy. Established in 1886, the bank has evolved significantly, marking key milestones in the financial sector, including the introduction of innovative digital banking solutions. Operating primarily in Italy, Banca Sella offers a diverse range of services, including retail banking, corporate finance, and wealth management. Its unique approach to integrating technology with traditional banking practices sets it apart in the competitive landscape. Recognised for its commitment to customer service and innovation, Banca Sella has solidified its market position as a trusted financial partner, catering to both individual and business clients. With a focus on sustainability and digital transformation, the bank continues to adapt to the evolving needs of the financial industry.

DitchCarbon Score

How does Banca Sella'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.

5

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.

13

Industry Benchmark

Banca Sella's score of 5 is higher than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.

58%

Banca Sella's reported carbon emissions

As of the latest available data from 2018, Banca Sella reported total carbon emissions of approximately 5,965,000 kg CO2e, which includes 1,522,000 kg CO2e from Scope 1 and 5,965,000 kg CO2e from Scope 2 emissions. The Scope 2 emissions were reported using a market-based approach, indicating a total of 716,000 kg CO2e. Over the years, Banca Sella has shown a commitment to reducing its carbon footprint, with emissions decreasing from 5,962,000 kg CO2e in 2016 to 5,965,000 kg CO2e in 2018. However, there are currently no specific reduction targets or climate pledges documented, which suggests that while the bank is aware of its emissions, it may not have formalised commitments to further reduce them. In summary, Banca Sella's emissions data reflects a significant level of carbon output, particularly in Scope 2 emissions, and while there have been some reductions over the years, the absence of formal reduction targets indicates an area for potential improvement in their climate strategy.

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Add to project
201620172018
Scope 1
1,542,000
0,000,000
0,000,000
Scope 2
2,229,000
00,000
000,000
Scope 3
-
-
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Banca Sella'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. Banca Sella is headquartered in IT, which has a rank of low, indicating low grid carbon 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 Sella 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

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