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Public Profile
Financial Intermediation
IT
updated 2 months ago

Banco Bpm Spa Sustainability Profile

Company website

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.

65

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.

32

Industry Benchmark

Banco Bpm Spa's score of 65 is higher than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.

80%

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Banco Bpm Spa's reported carbon emissions

In 2024, Banco BPM S.p.A. reported total carbon emissions of approximately 58.1 billion kg CO2e. This figure includes Scope 1 emissions of about 16.8 million kg CO2e, Scope 2 emissions of approximately 25.4 million kg CO2e, and significant Scope 3 emissions amounting to about 58.1 billion kg CO2e. The Scope 3 emissions are primarily driven by investments and employee commuting. The bank has set a target to reduce its CO2e emissions from Scope 1 and 2 by approximately 94 kg CO2e by 2027, based on the 10,994 kg CO2e emitted in 2024. This represents a reduction of about 0.86%. Banco BPM's emissions data is not cascaded from any parent organization, indicating that the reported figures are independently sourced. The bank is committed to enhancing its sustainability practices and reducing its carbon footprint in alignment with industry standards.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

2017201920202021202220232024
Scope 1
14,993,000
-
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 2
5,513,000
-
0,000,000
0,000,000
0,000,000
0,000,000
00,000,000
Scope 3
-
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000,000

How Carbon Intensive is Banco Bpm Spa's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Banco Bpm Spa's primary industry is Financial Intermediation, which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Banco Bpm Spa's Location?

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 Banco Bpm Spa is in IT, which has a low grid carbon intensity relative to other regions.

Banco Bpm Spa's Scope 3 Categories Breakdown

Banco Bpm Spa's Scope 3 emissions, which increased significantly last year and increased significantly since 2019, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Investments" being the largest emissions source at 100% of Scope 3 emissions.

Top Scope 3 Categories

2024
Investments
100%
Employee Commuting
<1%
Purchased Goods and Services
<1%
Business Travel
<1%
Capital Goods
<1%

Banco Bpm Spa'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.

Banco Bpm Spa 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.

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

Compare Banco Bpm Spa's Emissions with Industry Peers

Raiffeisen Bank International AG

AT
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 9 days ago

Santander UK Group Holdings plc

GB
•
Financial intermediation services, except insurance and pension funding services (65)
Updated about 1 month ago

Crédit Agricole

IT
•
Financial intermediation services, except insurance and pension funding services (65)
Updated about 1 month ago

Goldman Sachs

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 12 days ago

Lloyds Banking Group

GB
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 26 days ago

JPMorgan Chase & Co

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 4 days ago

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Where does DitchCarbon data come from?

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