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 40 is higher than 94% 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 37,406,800 kg CO2e. This figure includes 10,602,900 kg CO2e from Scope 1 emissions, primarily from mobile combustion, and 26,803,900 kg CO2e from Scope 2 emissions, which are associated with purchased heat and electricity. Additionally, Scope 3 emissions totalled about 15,178,400 kg CO2e, with significant contributions from employee commuting and purchased goods and services. Over the years, Banco BPM has shown fluctuations in its emissions. For instance, in 2022, the total emissions were approximately 40,671,800 kg CO2e, indicating a reduction in 2023. The bank's emissions in 2021 were about 46,688,000 kg CO2e, while in 2020, they were around 49,916,100 kg CO2e. This trend suggests a commitment to reducing its carbon footprint, although specific reduction targets or initiatives have not been disclosed. Banco BPM has not established formal reduction targets under the Science Based Targets initiative (SBTi) or other climate pledges, which may limit its accountability in achieving long-term sustainability goals. The bank's emissions data reflects its operational impact and highlights the importance of ongoing efforts to enhance environmental performance in the financial sector.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 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 | - | - |
| 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.
