Banca Mediolanum SpA
Banca Mediolanum's GHG Emissions Data Preview
In 2023, Banca Mediolanum 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 Mediolanum has also provided a category-level breakdown for 6 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 2 | ||||
Market-Based | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Location-Based | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 3 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.
Insights into Banca Mediolanum's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of Banca Mediolanum amounted to 4,852.31 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).
Compared to 2022, the total operational greenhouse gas (GHG) emissions of Banca Mediolanum decreased by 0.16%, showing that the company has made progress in taking action to reduce the climate impact of its operations.
Banca Mediolanum's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Banca Mediolanum's Scope 1 emissions?
In 2023, the total Scope 1 emissions of Banca Mediolanum were 2,628.41 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Has Banca Mediolanum reduced its Scope 1 emissions over time?
Since 2021, Banca Mediolanum's Scope 1 emissions have decreased by 15.92%, reflecting a declining long-term trend in Scope 1 emissions over time.
Compared to the previous year (2022), Banca Mediolanum's Scope 1 emissions increased by 16%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.
What are Banca Mediolanum's Scope 2 emissions?
In 2023, Banca Mediolanum reported Scope 2 greenhouse gas (GHG) emissions of 13.56 tCOâ‚‚e using the market-based method, and 2,223.9 tCOâ‚‚e using the location-based method.
Has Banca Mediolanum reduced its Scope 2 emissions over time?
Since 2021, Banca Mediolanum's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have remained relatively stable, indicating that Banca Mediolanum 's emissions have plateaued with no significant change in its energy consumption footprint.
Compared to the previous year (2022), Banca Mediolanum's Scope 2 emissions (Location-Based) fell by 14.27% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.
What methodology does Banca Mediolanum use for Scope 2 reporting?
In 2023, Banca Mediolanum reported its Scope 2 emissions using the market-based method and using the location-based method.
Banca Mediolanum's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Banca Mediolanum's Value Chain Emissions
In 2023, Banca Mediolanum reported 4,040,041.09 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.
The 2023 disclosure of Banca Mediolanum includes a breakdown across 5 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.
Banca Mediolanum's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Banca Mediolanum's Scope 3 emissions?
In 2023, Banca Mediolanum reported total Scope 3 emissions of 4,040,041.09 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Approximately 0.07% of these emissions originated from upstream activities such as purchased goods and capital goods, while 99.93% came from downstream activities like product use, distribution, and end-of-life treatment.
Has Banca Mediolanum reduced its Scope 3 emissions over time?
Since 2021, Banca Mediolanum's Scope 3 emissions have increased by 10.67%, reflecting a rising long-term trend in Scope 3 emissions over time.
Compared to the previous year (2022), Banca Mediolanum's Scope 3 emissions remained relatively stable, indicating that Banca Mediolanum 's emissions have plateaued with no significant change in its value chain footprint.
What categories of Scope 3 emissions does Banca Mediolanum disclose?
In 2023, Banca Mediolanum reported emissions for 5 out of the 15 Scope 3 categories defined by the GHG Protocol.
This partial disclosure allows for some insight into the company's indirect impacts.
What are the main sources of Banca Mediolanum's Scope 3 emissions?
In 2023, the largest contributors to Banca Mediolanum's Scope 3 emissions were:
- Investments (Cat. 15): 4,037,045.15 tCOâ‚‚e (99.93%)
- Employee Commuting (Cat. 7): 2,221.4 tCOâ‚‚e (0.05%)
- Business Travel (Cat. 6): 737.87 tCOâ‚‚e (0.02%)
Banca Mediolanum's Scope 3 Emissions by Categories
Insights into Banca Mediolanum's Total Carbon Footprint
In 2023, Banca Mediolanum reported a total carbon footprint of 4,044,893.4 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 2.38% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.
The largest contributor to Banca Mediolanum's total carbon footprint was Scope 3 emissions, accounting for 99.88% of the company's total carbon footprint, followed by Scope 1 emissions at 0.06%.