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 42 is higher than 94% 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 10,384,820 kg CO2e across various scopes. The breakdown includes about 10,384,820 kg CO2e from Scope 1 emissions, approximately 6,909,070 kg CO2e from Scope 2 (market-based), and around 2,505,110 kg CO2e from Scope 3 emissions. Notably, the Scope 3 emissions include significant contributions from investments and purchased goods and services, amounting to approximately 14,700,000,000 kg CO2e and 11,800,000,000 kg CO2e, respectively. Over the past few years, Gruppo Bcc Iccrea has demonstrated a commitment to reducing its carbon footprint. From 2020 to 2023, the organisation has achieved a reduction in Scope 1 emissions from about 12,762,000 kg CO2e to approximately 10,384,820 kg CO2e, reflecting a positive trend in their emissions management. However, there are currently no specific reduction targets or climate pledges disclosed, indicating a potential area for future commitment. The organisation's emissions data highlights the importance of addressing both direct and indirect emissions, particularly in the context of their substantial Scope 3 emissions. As they continue to navigate their climate commitments, Gruppo Bcc Iccrea's focus on emissions reduction will be crucial in aligning with industry standards and contributing to broader climate goals.
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| 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.
