Banca Profilo, a prominent player in the Italian banking sector, is headquartered in Milan, Italy. Established in 1986, the bank has carved a niche in private banking, wealth management, and investment services, catering primarily to high-net-worth individuals and institutional clients. With a focus on tailored financial solutions, Banca Profilo offers a range of unique products, including asset management, financial advisory, and structured finance services. The bank's commitment to personalised service and innovative investment strategies has solidified its reputation in the competitive financial landscape. Notably, Banca Profilo has achieved significant milestones, positioning itself as a trusted partner in wealth management. Its strategic approach and dedication to client satisfaction continue to drive its success in the Italian and broader European markets.
How does Banca Profilo'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.
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.
Banca Profilo's score of 25 is lower than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2021, Banca Profilo reported total carbon emissions of approximately 81,177,000 kg CO2e, with Scope 1 emissions accounting for about 2,657,000 kg CO2e. This represents an increase from 2020, when total emissions were approximately 74,067,000 kg CO2e, with Scope 1 emissions at about 2,422,000 kg CO2e. The data indicates a trend of rising emissions over the two years. Banca Profilo's emissions data is cascaded from its parent company, Banca Profilo S.p.A., reflecting its current subsidiary status. However, there are no specific reduction targets or climate pledges reported, indicating a lack of formal commitments to reduce emissions at this time. The absence of Scope 2 and Scope 3 emissions data suggests that the bank may not be fully disclosing its entire carbon footprint. Overall, while Banca Profilo has made strides in reporting its emissions, the lack of reduction initiatives or targets highlights an area for potential improvement in its climate commitments.
Access structured emissions data, company-specific emission factors, and source documents
| 2020 | 2021 | |
|---|---|---|
| Scope 1 | 2,422,000 | 0,000,000 |
| Scope 2 | - | - |
| Scope 3 | - | - |
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Banca Profilo has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
