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.
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.
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.
Banco Bpm Spa's score of 62 is higher than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Banco BPM S.p.A. reported total carbon emissions of approximately 58,139,824,000 kg CO2e globally. This includes Scope 1 emissions of about 16,813,000 kg CO2e, Scope 2 emissions of approximately 25,377,000 kg CO2e (market-based), and a significant Scope 3 total of around 58,097,634,000 kg CO2e. Notably, the Scope 3 emissions are primarily driven by investments, which account for about 58,084,642,000 kg CO2e. The bank has set ambitious reduction targets, aiming to decrease its Scope 1 and 2 market-based emissions by 94 tonnes CO2e by 2027, relative to the 10,994 tonnes CO2e emitted in 2024. This represents a reduction of approximately 0.86%. In terms of regional emissions, in Italy, Banco BPM reported Scope 1 emissions of about 16,813,000 kg CO2e, Scope 2 emissions of approximately 25,355,000 kg CO2e (market-based), and Scope 3 emissions of around 58,050,363,000 kg CO2e. In Switzerland, the bank's Scope 2 emissions were reported at about 16,000 kg CO2e (market-based) and Scope 3 emissions at approximately 10,000 kg CO2e, primarily from employee commuting. Banco BPM's commitment to sustainability is reflected in its comprehensive emissions reporting and reduction initiatives, demonstrating a proactive approach to addressing climate change within the financial sector.
Access structured emissions data, company-specific emission factors, and source documents
| 2017 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| 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 |
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.
