✨ Unlock Unlimited Data Exports & Disclosures Access with Tracenable Pro. Learn More →

Banca IFIS SpA

Common Name
Banca IFIS
Country
Italy
Sector
Financial Services
Industry
Banks - Regional
Employees
2,745
Ticker
IF
Exchange
EURONEXT MILAN
Description
Banca IFIS S.p.A. is a specialized financial institution headquartered in Italy, focusing on providing banking and financial services with an emphasis on small and medium-sized enterprises (SMEs). Its...

Banca IFIS's GHG Emissions Data Preview

In 2024, Banca IFIS completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

Banca IFIS has also provided a category-level breakdown for 3 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)202420232022
2021 - 2017
Total Scope 1
0000000
Copy/Paste is a PRO feature.
Copy/Paste is a PRO feature.
0000000
Total Scope 2
Market-Based
Copy/Paste is a PRO feature.
a
0000000
Copy/Paste is a PRO feature.
0000000
Location-Based
Copy/Paste is a PRO feature.
a
0000000
Copy/Paste is a PRO feature.
0000000
Total Scope 3
Copy/Paste is a PRO feature.
a
Copy/Paste is a PRO feature.
0000000
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
0000000
Copy/Paste is a PRO feature.
Copy/Paste is a PRO feature.
0000000
Limited Data Preview
You are viewing a limited preview of Banca IFIS’s GHG emissions dataset. The full dataset, available for download, includes Scope 1, 2, and 3 emissions with detailed category-level breakdowns, historical coverage back to 2024, and revenue-based intensity metrics for each scope.
Unrestricted Access to Data and Sources
pro
Remove manual data sourcing from your workflow. Upgrade to Tracenable Pro for unrestricted access to datasets and disclosures across 8,500+ companies with over 10 years of historical coverage.
Download complete datasets (CSV/XLS)
Access underlying corporate disclosures (PDF)
Trace values back to original sources
Formats Included
Excel
CSV
All data fully traceable to original sources
Used by 1,000+ teams in finance, climate, and research
Access this data via API
$curl "https://tracenable.com/api/v1/ghg-emissions/absolute?ticker=IF&reporting_period=2024"

Verified Sources Behind Banca IFIS’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Banca IFIS’s data sources below and access millions more through our Disclosure Search.

a. Banca IFIS's Annual Report 2024

Insights into Banca IFIS's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Banca IFIS amounted to 3,023 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a

Banca IFIS's Scope 1 Emissions Over Time

202405001 k1.5 k2 ktCO2e
  • Total Scope 1
  • Year-over-Year Change

What are Banca IFIS's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Banca IFIS were 1,974 metric tons of CO₂ equivalent (tCO₂e).a

What are Banca IFIS's Scope 2 emissions?

In 2024, Banca IFIS reported Scope 2 greenhouse gas (GHG) emissions of 114 tCO₂e using the market-based method and 1,049 tCO₂e using the location-based method.a

What methodology does Banca IFIS use for Scope 2 reporting?

In 2024, Banca IFIS reported its Scope 2 emissions using the market-based method and using the location-based method.a

Banca IFIS's Scope 2 Emissions Over Time

202403006009001.2 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Banca IFIS's Value Chain Emissions

In 2024, Banca IFIS reported 3,260,872 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2024 disclosure of Banca IFIS includes a breakdown across 3 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in , reflecting improved emissions accounting practices and greater transparency across the company's value chaina

Banca IFIS's Scope 3 Emissions Over Time

20240850 k1.7 M2.55 M3.4 MtCO2e
  • Total Scope 3
  • Year-over-Year Change

What are Banca IFIS's Scope 3 emissions?

In 2024, Banca IFIS reported total Scope 3 emissions of 3,260,872 metric tons of CO₂ equivalent (tCO₂e).a

Approximately 1.02% of these emissions originated from upstream activities such as purchased goods and capital goods, while 98.98% came from downstream activities like product use, distribution, and end-of-life treatment.a

What categories of Scope 3 emissions does Banca IFIS disclose?

In 2024, Banca IFIS reported emissions for 3 out of the 15 Scope 3 categories defined by the GHG Protocol.a

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

What are the main sources of Banca IFIS's Scope 3 emissions?

In 2024, the largest contributors to Banca IFIS's Scope 3 emissions were:a

  • Investments (Cat. 15): 3,227,564 tCO₂e (98.98%)
  • Purchased Goods and Services (Cat. 1): 32,862 tCO₂e (1.01%)
  • Business Travel (Cat. 6): 446 tCO₂e (0.01%)

Banca IFIS's Scope 3 Emissions by Categories

Investments(Cat. 15)(99.0%)Purchased Goods andServices (Cat. 1)(1.0%)

Insights into Banca IFIS’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Banca IFIS reported Scope 1 greenhouse gas (GHG) emissions of 1,974 tCO₂e and total revenues of USD 632 millions. This translates into an emissions intensity of 3.12 tCO₂e per millions USD.a

Banca IFIS's Scope 1 Emissions Intensity Compared to Peers

0.52050020,0001,000,000Scope 1 Emissions (tCO2e)1005002,00010,000100,000Revenues (Millions of USD)NCredito EmilianoYear: 2024Scope 1: 2,976 tCO2eRevenue: $M 2,288Scope 1 Intensity: 1.30 tCO2e/$MFinecoBank Banca FinecoYear: 2024Scope 1: 285 tCO2eRevenue: $M 1,585Scope 1 Intensity: 0.18 tCO2e/$MMediobancaYear: 2024Scope 1: 2,546 tCO2eRevenue: $M 3,480Scope 1 Intensity: 0.73 tCO2e/$MMonte dei Paschi di SienaYear: 2024Scope 1: 9,341 tCO2eRevenue: $M 4,371Scope 1 Intensity: 2.14 tCO2e/$MSouth Indian BankYear: 2023Scope 1: 201 tCO2eRevenue: $M 482Scope 1 Intensity: 0.42 tCO2e/$MGrupo SecurityYear: 2023Scope 1: 140 tCO2eRevenue: $M 1,647Scope 1 Intensity: 0.09 tCO2e/$MBank Pan IndonesiaYear: 2024Scope 1: 270,110 tCO2eRevenue: $M 639Scope 1 Intensity: 422.89 tCO2e/$MIntesa SanpaoloYear: 2024Scope 1: 45,280 tCO2eRevenue: $M 29,443Scope 1 Intensity: 1.54 tCO2e/$MUniCreditYear: 2024Scope 1: 24,412 tCO2eRevenue: $M 27,659Scope 1 Intensity: 0.88 tCO2e/$MTSKBYear: 2024Scope 1: 628 tCO2eRevenue: $M 459Scope 1 Intensity: 1.37 tCO2e/$MAmalgamated FinancialYear: 2023Scope 1: 72 tCO2eRevenue: $M 286Scope 1 Intensity: 0.25 tCO2e/$MBanca GeneraliYear: 2023Scope 1: 433 tCO2eRevenue: $M 1,017Scope 1 Intensity: 0.43 tCO2e/$MO-BankYear: 2023Scope 1: 287 tCO2eRevenue: $M 304Scope 1 Intensity: 0.94 tCO2e/$MMBSBYear: 2023Scope 1: 41 tCO2eRevenue: $M 226Scope 1 Intensity: 0.18 tCO2e/$MBanca MediolanumYear: 2024Scope 1: 2,412 tCO2eRevenue: $M 2,518Scope 1 Intensity: 0.96 tCO2e/$MBPER BancaYear: 2024Scope 1: 10,614 tCO2eRevenue: $M 6,232Scope 1 Intensity: 1.70 tCO2e/$MNNNorion BankYear: 2024Scope 1: 1 tCO2eRevenue: $M 333Scope 1 Intensity: 0.00 tCO2e/$MDCB BankYear: 2023Scope 1: 454 tCO2eRevenue: $M 259Scope 1 Intensity: 1.75 tCO2e/$MBanca Popolare di SondrioYear: 2024Scope 1: 3,441 tCO2eRevenue: $M 1,859Scope 1 Intensity: 1.85 tCO2e/$MKarnataka BankYear: 2024Scope 1: 17 tCO2eRevenue: $M 556Scope 1 Intensity: 0.03 tCO2e/$MThurgauer KantonalbankYear: 2024Scope 1: 210 tCO2eRevenue: $M 477Scope 1 Intensity: 0.44 tCO2e/$MSpar Nord BankYear: 2024Scope 1: 194 tCO2eRevenue: $M 734Scope 1 Intensity: 0.26 tCO2e/$MBanco BPMYear: 2024Scope 1: 16,813 tCO2eRevenue: $M 5,771Scope 1 Intensity: 2.91 tCO2e/$MHong Leong Financial GroupYear: 2025Scope 1: 238 tCO2eRevenue: $M 1,681Scope 1 Intensity: 0.14 tCO2e/$MBanca IFISYear: 2024Scope 1: 1,974 tCO2eRevenue: $M 632Scope 1 Intensity: 3.12 tCO2e/$M

How does Banca IFIS's GHG emissions intensity compare to its peers?

In 2024, Banca IFIS reported a Scope 1 emissions intensity of 3.12 tCO₂e per millions USD. Compared to the peer group median of 0.81, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does Banca IFIS rank on GHG emissions intensity within its industry?

In 2024, Banca IFIS ranked 24 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a

This places Banca IFIS among the least efficient performers, with one of the highest emissions intensities in its sector.a

Insights into Banca IFIS's Total Carbon Footprint

In 2024, Banca IFIS reported a total carbon footprint of 3,263,895 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions.a

The largest contributor to Banca IFIS's total carbon footprint was Scope 3 emissions, accounting for 99.91% of the company's total carbon footprint, followed by Scope 1 emissions at 0.06%.a

Want Full Access to Banca IFIS's GHG Emissions Dataset?
Sign Up