Gruppo Bcc Iccrea
Gruppo Bcc Iccrea, headquartered in Italy, is a prominent player in the cooperative banking sector, primarily serving the needs of local communities across the country. Founded in 1886, the group has evolved significantly, establishing itself as a key provider of financial services, including retail banking, corporate finance, and insurance solutions. With a strong presence in various regions, Gruppo Bcc Iccrea is dedicated to fostering economic development through its unique cooperative model, which prioritises member engagement and community support. The group offers a diverse range of products, such as savings accounts, loans, and investment services, distinguished by their customer-centric approach and commitment to social responsibility. Recognised for its stability and innovation, Gruppo Bcc Iccrea continues to strengthen its market position, contributing to the growth of the cooperative banking landscape in Italy.
DitchCarbon Score
How does Gruppo Bcc Iccrea'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
Gruppo Bcc Iccrea's score of 22 is higher than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Gruppo Bcc Iccrea's reported carbon emissions
In 2023, Gruppo Bcc Iccrea reported total carbon emissions of approximately 10,385,000 kg CO2e from Scope 1, 6,909,000 kg CO2e from Scope 2 (market-based), and 2,505,000 kg CO2e from Scope 3 emissions. This reflects a significant reduction in emissions compared to previous years, with Scope 1 emissions decreasing from about 11,934,000 kg CO2e in 2022, and Scope 2 emissions (market-based) down from approximately 8,028,000 kg CO2e. In 2022, the organisation's emissions included 11,934,000 kg CO2e from Scope 1, 8,028,000 kg CO2e from Scope 2 (market-based), and 1,698,000 kg CO2e from Scope 3. The trend of decreasing emissions is evident, as Scope 1 emissions were 13,903,000 kg CO2e in 2021 and 12,762,000 kg CO2e in 2020. Despite these reductions, Gruppo Bcc Iccrea has not publicly disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The organisation continues to focus on improving its emissions intensity, particularly in Scope 2, where it reported an intensity of 1,480 kg CO2e per employee in 2022, down from 1,620 kg CO2e in 2021. Overall, Gruppo Bcc Iccrea demonstrates a commitment to reducing its carbon footprint, aligning with industry standards for climate action, although further transparency regarding specific reduction targets would enhance its climate commitment profile.
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Add to project| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 12,762,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 16,690,000 | 00,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 1,445,000 | 0,000,000 | 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.
Gruppo Bcc Iccrea 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.
