Banco Comercial Portugues
Banco Comercial Português, commonly known as Millennium BCP, is a leading financial institution headquartered in Lisbon, Portugal. Established in 1985, it has grown to become a prominent player in the banking sector, serving a diverse clientele across Portugal and several international markets, including Poland and Mozambique. As a full-service bank, Millennium BCP offers a wide range of products and services, including retail banking, corporate banking, investment solutions, and asset management. Its commitment to innovation and customer-centric solutions sets it apart in the competitive landscape. With a strong market position, Millennium BCP has achieved significant milestones, including being the first private bank in Portugal to list on the stock exchange. The bank continues to focus on sustainable growth and digital transformation, reinforcing its reputation as a trusted financial partner.
DitchCarbon Score
How does Banco Comercial Portugues'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 Comercial Portugues's score of 4 is higher than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Banco Comercial Portugues's reported carbon emissions
In 2023, Banco Comercial Portugues reported total carbon emissions of approximately 11,813,000 kg CO2e. This figure reflects a decrease from 12,710,000 kg CO2e in 2022. The bank's emissions profile includes Scope 1 and Scope 2 emissions, with no reported Scope 3 emissions for the latest year. Historically, the bank has made significant strides in reducing its carbon footprint. For instance, emissions in 2019 were about 14,000,000 kg CO2e, indicating a downward trend over the years. The bank's Scope 1 emissions peaked at 25,164,000 kg CO2e in 2012, showcasing a substantial reduction in subsequent years. Banco Comercial Portugues has committed to near-term climate targets, although it has not set a net-zero target as of now. The bank is actively working towards enhancing its sustainability practices within the financial sector, which is increasingly focused on reducing carbon emissions and addressing climate change impacts.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2012 | 2013 | 2014 | 2017 | 2018 | 2019 | 2020 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 25,164,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 24,681,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | 00,000,000 | 000,000 | 0,000,000 | 0,000,000 | 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 Comercial Portugues is committed to some 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.
