Banco Bpm Spa

Banco BPM Spa, a financial intermediation services company headquartered in IT, has reported its carbon emissions and set reduction targets.

In 2023, the company's total emissions were approximately 26,700,000 kg CO2e, comprising 10,600,000 kg CO2e from Scope 1, 2,900,000 kg CO2e from Scope 2 (market-based), and 13,200,000 kg CO2e from Scope 3. This represents a decrease from 2022, when total emissions were around 27,800,000 kg CO2e, with Scope 1 at 11,500,000 kg CO2e, Scope 2 (market-based) at 3,400,000 kg CO2e, and Scope 3 at 12,900,000 kg CO2e. Looking further back, in 2021, total emissions were approximately 29,600,000 kg CO2e (Scope 1: 12,300,000 kg CO2e, Scope 2 market-based: 3,900,000 kg CO2e, Scope 3: 13,400,000 kg CO2e). In 2020, total emissions were around 31,800,000 kg CO2e (Scope 1: 12,100,000 kg CO2e, Scope 2 market-based: 4,500,000 kg CO2e, Scope 3: 15,700,000 kg CO2e). The earliest disclosed data from 2019 shows total emissions of approximately 34,300,000 kg CO2e (Scope 1: 12,500,000 kg CO2e, Scope 2 market-based: 5,000,000 kg CO2e, Scope 3: 16,800,000 kg CO2e).

Banco BPM Spa aims to reduce its Scope 1 and Scope 2 (market-based) CO2e emissions by 94,000 kg CO2e by 2027, using 10,994,000 kg CO2e emitted in 2024 as the baseline. The company has publicly declared this near-term absolute reduction target.