Banco Montepio
Banco Montepio, officially known as Montepio Geral – Associação Mutualista, is a prominent financial institution headquartered in Lisbon, Portugal. Established in 1840, it has a rich history of serving the Portuguese community, primarily focusing on banking and mutualist services. The bank operates extensively across Portugal, providing a range of financial products tailored to individual and business needs. Specialising in personal banking, savings accounts, loans, and insurance, Banco Montepio distinguishes itself through its commitment to social responsibility and community support. With a strong emphasis on customer service and innovative financial solutions, it has secured a notable position in the Portuguese banking sector. Over the years, Banco Montepio has achieved significant milestones, reinforcing its reputation as a trusted partner in financial well-being.
DitchCarbon Score
How does Banco Montepio'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 Montepio's score of 41 is lower than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Banco Montepio's reported carbon emissions
In 2023, Banco Montepio reported total carbon emissions of approximately 1,397,962 tonnes CO2e. This figure includes 17,399,000 kg CO2e from Scope 1 emissions, 1,377,962,000 kg CO2e from Scope 2 emissions, and 16,327,000 kg CO2e from Scope 3 emissions. The bank has shown a significant increase in emissions over the years, with Scope 2 emissions being the largest contributor. Despite the rising emissions, there are currently no specific reduction targets or initiatives disclosed by Banco Montepio. The absence of documented reduction strategies suggests a need for enhanced climate commitments within the banking sector, particularly in light of increasing global climate concerns. Banco Montepio's emissions data highlights the importance of addressing carbon footprints, especially in Scope 2, which typically encompasses indirect emissions from purchased electricity, steam, heating, and cooling. As the financial industry faces growing scrutiny regarding sustainability practices, establishing clear reduction targets will be crucial for Banco Montepio to align with global climate goals.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 1,595,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 52,549,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 0,000,000 | 0,000 | 0,000 | 0,000 | 0,000,000,000 |
| Scope 3 | 1,371,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 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 Montepio 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.
