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: 10,602,900 kg CO2e from Scope 1, 2,851,800 kg CO2e from Scope 2, and 13,193,900 kg CO2e from Scope 3. The bank's Scope 1 emissions primarily stem from mobile combustion, contributing about 9,700 kg CO2e. In the previous year, 2022, the total emissions were around 12,920,800 kg CO2e, indicating a slight increase in emissions in 2023. The breakdown for 2022 included 11,475,800 kg CO2e from Scope 1, 3,404,900 kg CO2e from Scope 2, and 12,920,800 kg CO2e from Scope 3. Banco BPM has not set specific reduction targets or initiatives as part of its climate commitments, which may reflect a broader industry trend where financial institutions are increasingly scrutinised for their environmental impact. The bank's emissions data highlights the importance of addressing both direct and indirect emissions to align with global climate goals. Overall, while Banco BPM Spa has made strides in tracking its carbon footprint, the absence of defined reduction targets suggests an opportunity for enhanced climate action and commitment to sustainability in the financial sector.
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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.
