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Bank Millennium S A
Bank Millennium S.A., headquartered in Poland, is a prominent player in the banking industry, offering a comprehensive range of financial services. Founded in 1989, the bank has established itself as a key provider of retail and corporate banking solutions, with a strong presence in major urban centres across the country. The bank's core products include personal accounts, loans, and investment services, distinguished by their innovative digital banking features. Bank Millennium is recognised for its commitment to customer satisfaction and technological advancement, positioning itself as a leader in the Polish banking sector. With a focus on sustainable growth and financial inclusion, Bank Millennium has achieved notable milestones, including awards for its customer service and digital banking initiatives. Its strategic approach and robust market position make it a trusted choice for individuals and businesses alike in Poland.
DitchCarbon Score
How does Bank Millennium S A'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
Bank Millennium S A's score of 43 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Bank Millennium S A's reported carbon emissions
In 2023, Bank Millennium S.A. reported total carbon emissions of approximately 9,454,000 kg CO2e. This figure includes Scope 1 emissions of about 2,118,000 kg CO2e, primarily from mobile combustion (approximately 1,772,000 kg CO2e) and stationary combustion (about 316,000 kg CO2e). Scope 2 emissions, calculated on a market-based approach, were around 5,168,000 kg CO2e. Additionally, the bank's Scope 3 emissions totalled approximately 6,989,000 kg CO2e, with significant contributions from fuel and energy-related activities (about 4,217,000 kg CO2e) and purchased goods and services (approximately 749,000 kg CO2e). Comparatively, in 2022, Bank Millennium's total emissions were about 12,082,000 kg CO2e, indicating a reduction in emissions year-on-year. The bank's Scope 1 emissions for 2022 were approximately 2,166,000 kg CO2e, while Scope 2 emissions were around 7,769,000 kg CO2e, and Scope 3 emissions were about 7,735,000 kg CO2e. Despite these figures, Bank Millennium has not set specific reduction targets or climate pledges, as indicated by the absence of documented reduction initiatives or SBTi targets. The emissions data is cascaded from its parent company, Banco Comercial Português, S.A., reflecting the bank's commitment to transparency in its environmental impact reporting. Overall, while Bank Millennium S.A. has made strides in reducing its carbon footprint, further commitments and targets would enhance its climate strategy and align with industry standards for sustainability.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 2,245,000 | 0.00 | 0,000,000 | 0,000,000 |
| Scope 2 | 21,434,000 | 00.00 | 0,000,000 | 0,000,000 |
| Scope 3 | 3,247,000 | 0.00 | 0,000,000 | 0,000,000 |
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.
Bank Millennium S A 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.
