Finecobank
FinecoBank, officially known as FinecoBank S.p.A., is a leading Italian financial institution headquartered in Milan, Italy. Established in 1999, the bank has rapidly evolved into a prominent player in the online banking and brokerage sector, serving clients across Europe. FinecoBank operates primarily in the fintech industry, offering a comprehensive range of services including banking, investment, and trading solutions. Its unique all-in-one platform distinguishes it from competitors, providing seamless access to various financial products. With a strong market position, FinecoBank has garnered recognition for its innovative approach and user-friendly interface, making it a preferred choice for both retail and professional investors. The bank continues to achieve significant milestones, reinforcing its commitment to delivering exceptional financial services.
DitchCarbon Score
How does Finecobank'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
Finecobank's score of 49 is higher than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Finecobank's reported carbon emissions
In 2023, Finecobank reported total carbon emissions of approximately 1,222,000 kg CO2e, comprising 281,000 kg CO2e from Scope 1 and 941,000 kg CO2e from Scope 3 emissions. The bank's emissions have shown fluctuations over recent years, with total emissions reaching about 2,978,000 kg CO2e in 2020 and decreasing to approximately 2,807,000 kg CO2e in 2021. Finecobank's Scope 1 emissions primarily stem from mobile and stationary combustion, while Scope 3 emissions are significantly influenced by purchased goods and services. The bank has not set specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges, indicating a potential area for future commitment. Overall, Finecobank's emissions data reflects its operational impact on climate change, and the absence of defined reduction targets suggests an opportunity for enhanced climate action and accountability in the financial sector.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 404,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 1,026,000 | 0,000,000 | 00,000 | 00,000 | - |
| Scope 3 | 1,439,000 | 0,000,000 | 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.
Finecobank is participating in some 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.
