Banco Bpm Spa
Banco BPM S.p.A., headquartered in Italy, is a prominent player in the banking and financial services industry. Established in 2017 through the merger of Banco Popolare and Banca Popolare di Milano, the bank has rapidly positioned itself as a key financial institution in the Italian market, with a strong presence in Lombardy and other major regions. Specialising in retail and corporate banking, Banco BPM offers a diverse range of products and services, including loans, mortgages, and investment solutions. Its commitment to innovation and customer-centric services sets it apart in a competitive landscape. The bank has achieved notable milestones, including recognition for its digital banking initiatives, enhancing customer experience and operational efficiency. With a robust market position, Banco BPM continues to play a vital role in Italy's financial ecosystem.
DitchCarbon Score
How does Banco Bpm Spa'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
Banco Bpm Spa's score of 46 is higher than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Banco Bpm Spa's reported carbon emissions
In 2023, Banco BPM Spa reported total carbon emissions of approximately 13,193,900 kg CO2e, with emissions distributed across various scopes. Specifically, Scope 1 emissions accounted for about 10,602,900 kg CO2e, while Scope 2 emissions totalled approximately 2,851,800 kg CO2e. Scope 3 emissions were significant, reaching around 13,193,900 kg CO2e, primarily driven by employee commuting and purchased goods and services. Over the years, Banco BPM has shown a trend of reducing its emissions. For instance, in 2022, the total emissions were about 12,920,800 kg CO2e, down from approximately 15,674,800 kg CO2e in 2020. This indicates a commitment to lowering its carbon footprint, although specific reduction targets or initiatives have not been disclosed. The bank's emissions data reflects its ongoing efforts to address climate change, although it has not set formal reduction targets under the Science Based Targets initiative (SBTi) or other frameworks. As a financial institution headquartered in Italy, Banco BPM is positioned to influence sustainable practices within the banking sector, aligning with broader industry trends towards carbon neutrality and environmental responsibility.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 12,500,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 5,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 16,800,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
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.
Banco Bpm Spa 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.
