Banca March

Banca March's reported carbon emissions

Banca March, headquartered in ES and operating within the Services auxiliary to financial intermediation (67) industry, has disclosed its carbon emissions for recent years, providing insights into its climate impact. In 2023, Banca March reported a total of approximately 1.29 million kg CO2e. This figure encompasses Scope 1 emissions of about 162,990 kg CO2e and Scope 2 emissions of approximately 126,200 kg CO2e, primarily from purchased electricity. Scope 3 emissions for the year were reported at approximately 1.01 million kg CO2e, with business travel accounting for a significant portion at about 848,860 kg CO2e. The company's emissions for 2022 totalled approximately 809,240 kg CO2e. This included Scope 1 emissions of about 271,750 kg CO2e and Scope 3 emissions of approximately 537,490 kg CO2e, of which business travel contributed around 394,390 kg CO2e. Scope 2 emissions were reported as 0 kg CO2e for this year. In 2021, Banca March's total emissions were approximately 515,090 kg CO2e, comprising Scope 1 emissions of about 255,300 kg CO2e and Scope 3 emissions of approximately 259,790 kg CO2e, with business travel at about 249,040 kg CO2e. Scope 2 emissions were 0 kg CO2e for 2021. For 2020, the total reported emissions were approximately 1.15 million kg CO2e. This consisted of Scope 1 emissions of about 126,420 kg CO2e, Scope 2 emissions of approximately 1.02 million kg CO2e (mainly from purchased electricity), and Scope 3 emissions of about 349,770 kg CO2e, with business travel at approximately 9,640 kg CO2e. Banca March is committed to transparency in its environmental reporting, as evidenced by its disclosure of Scope 1, 2, and 3 emissions. The company's climate commitments and reduction initiatives are detailed in their annual reports, with specific data points sourced from their own disclosures. Missing data for Scope 3/purchased goods and services categories has been noted. While specific quantitative reduction targets and SBTi commitments are not detailed in the provided information, the company's ongoing reporting signifies its engagement with climate-related disclosures within the financial intermediation services sector.