Public Profile

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.

48

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.

26

Industry Benchmark

Banco Bpm Spa's score of 48 is higher than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.

95%

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Banco Bpm Spa's reported carbon emissions

In 2023, Banco BPM Spa reported total carbon emissions of approximately 13,193,900 kg CO2e across all scopes. This includes 10,602,900 kg CO2e from Scope 1, which encompasses direct emissions, and 2,851,800 kg CO2e from Scope 2, which covers indirect emissions from purchased energy. Additionally, Scope 3 emissions, which account for the majority of the bank's carbon footprint, totalled about 13,193,900 kg CO2e, primarily driven by employee commuting and purchased goods and services. In comparison, the bank's emissions in 2022 were approximately 12,920,800 kg CO2e, indicating a slight increase in emissions year-on-year. Notably, Banco BPM has not set specific reduction targets or climate pledges, which may limit its ability to demonstrate a commitment to reducing its carbon footprint in line with industry standards. The bank's emissions data reflects a comprehensive approach to tracking its carbon impact, with disclosures across all three scopes. However, without defined reduction initiatives or targets, it remains unclear how Banco BPM plans to address its climate impact moving forward.

Unlock detailed emissions data

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

20192020202120222023
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

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Banco Bpm Spa'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. This request for Banco Bpm Spa is in IT, which has a low grid carbon intensity relative to other regions.

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 participating in any of the initiatives that 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
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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