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 47 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Finecobank's reported carbon emissions
In 2023, Finecobank reported total carbon emissions of approximately 796,000 kg CO2e from Scope 1 and 3 sources. Specifically, Scope 1 emissions accounted for about 281,000 kg CO2e, while Scope 3 emissions were approximately 941,000 kg CO2e. In the previous years, Finecobank's emissions were as follows: in 2022, total emissions were about 958,000 kg CO2e (with Scope 1 at 344,000 kg CO2e and Scope 3 at 1,279,000 kg CO2e); in 2021, total emissions reached approximately 1,410,000 kg CO2e (Scope 1 at 399,000 kg CO2e and Scope 3 at 1,336,000 kg CO2e); and in 2020, emissions totalled around 2,978,000 kg CO2e (with Scope 1 at 367,000 kg CO2e and Scope 3 at 1,356,000 kg CO2e). Finecobank has not disclosed specific reduction targets or initiatives as part of their climate commitments. However, they continue to monitor and report their emissions across all relevant scopes, demonstrating a commitment to transparency in their environmental impact.
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| 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 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.
