FinecoBank

Sustainability Report and Carbon Intensity Rankings

Is FinecoBank doing their part?

Their DitchCarbon score is 62

FinecoBank has a DitchCarbon Score of 62, indicating a moderate level of sustainability in its operations. This score reflects the bank’s efforts to manage its carbon intensity, suggesting that while there is room for improvement, it is making progress in reducing emissions. A higher score would denote even stronger performance in lowering carbon intensity and enhancing sustainability measures.

This was calculated based on 30+ company specific emissions data points, the higher the score, the better. Check out our methodology.

Industry emissions intensity

Very low

Low

Medium

High

Very high

FinecoBank operates in the finance sector, which has a very low carbon intensity ranking. Some industries are more damaging than others, this ranking gives you an indication of how carbon intensive the industry is which this company operates in.

Location emissions intensity

Very low

Low

Medium

High

Very high

FinecoBank, located in Italy, operates in a region with a low carbon intensity rating, indicating a cleaner energy grid. This favorable environmental context supports the bank’s sustainability efforts by reducing its carbon footprint.
11.17%

...this company is doing 11.17% better in emissions than the industry average.

FinecoBank, part of the Unicredit Group, was founded in 1999 and is headquartered in Milan, Italy. As a leader in the IT finance sector, it stands as the top direct bank in Italy and the premier online broker in Europe. The company offers a comprehensive multimarket platform, providing a wide array of investment tools and products, including funds, bonds, ETFs, and pension funds, along with integrated banking, credit, and trading services accessible on mobile devices.

emission intelligence's platform recommendations for FinecoBank

FinecoBank should explore opportunities for fuel switching in transportation and operations to potentially reduce their emissions by 15%.

Bad news, FinecoBank hasn't committed to SBTi goals yet

FinecoBank has not yet established specific commitments with the Science Based Targets initiative (SBTi). This means the company has not publicly defined or committed to precise targets for reducing greenhouse gas emissions in line with climate science.
Not participating

The Ultimate Guide to Building Sustainability Into Procurement​

1. Reputation and Brand Image

2. Corporate Social Responsibility

3. Becoming a Customer of Choice

4. Stakeholder Engagement

5. Risk Management

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Our methodology

Read about our emission calculation methodologies, and what the DitchCarbon Score means.

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