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Banco BPM SpA

Common Name
Banco BPM
Country
Italy
Sector
Financial Services
Industry
Banks - Regional
Employees
19,210
Ticker
BAMI
Exchange
EURONEXT MILAN
Description
Banco BPM S.p.A. is a prominent banking institution based in Italy, primarily engaged in serving individual and corporate clients through a comprehensive range of banking and financial services. This ...

Banco BPM's GHG Emissions Data Preview

In 2024, Banco BPM 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).

Banco BPM has also provided a category-level breakdown for 5 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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0000000
Total Scope 2
Market-Based
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b
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0000000
Location-Based
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b
0000000
Total Scope 3
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b
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b
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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b
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0000000
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Verified Sources Behind Banco BPM’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 Banco BPM’s data sources below and access millions more through our Disclosure Search.

a. Banco BPM's Sustainability Report 2024
a. Banco BPM's Sustainability Report 2024
b. Banco BPM's Consolidated Non-Financial Report 2023
b. Banco BPM's Consolidated Non-Financial Report 2023

Insights into Banco BPM's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofBanco BPM amounted to63,942metric 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

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Banco BPMincreased by 70.94%, suggesting that the company faced challenges in reducing its emissions from its core operations.ab

Banco BPM's Scope 1 Emissions Over Time

202120222023202404.5 k9 k13.5 k18 ktCO2e-7%-8%+59%
  • Total Scope 1
  • Year-over-Year Change

What are Banco BPM's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Banco BPM were 16,813 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Compared to the previous year(2023), Banco BPM's Scope 1 emissions increased by 58.57%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.ab

What are Banco BPM's Scope 2 emissions?

In 2024, Banco BPM reported Scope 2 greenhouse gas (GHG) emissions of 25,377 tCOâ‚‚e using the market-based method and 47,129 tCOâ‚‚e using the location-based method.a

Has Banco BPM reduced its Scope 2 emissions over time?

Compared to the previous year(2023), Banco BPM's Scope 2 emissions(Location-Based) rose by 75.83% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energyab

What methodology does Banco BPM use for Scope 2 reporting?

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

Banco BPM's Scope 2 Emissions Over Time

2021202220232024015 k30 k45 k60 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Banco BPM's Value Chain Emissions

In 2024, Banco BPM reported 58,097,634 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2024 disclosure of Banco BPM includes a breakdown across 5of the 15 Scope 3 categories defined by the GHG Protocol,up from 3 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina

Banco BPM's Scope 3 Emissions Over Time

20192021202220232024015 M30 M45 M60 MtCO2e-19%-4%+2%+440237%
  • Total Scope 3
  • Year-over-Year Change

What are Banco BPM's Scope 3 emissions?

In 2024, Banco BPM reported total Scope 3 emissions of 58,097,634 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Approximately 0.03%of these emissions originated from upstream activities such as purchased goods and capital goods, while 99.97%came from downstream activities like product use, distribution, and end-of-life treatment.a

Has Banco BPM reduced its Scope 3 emissions over time?

Since 2019, Banco BPM's Scope 3 emissionshave increased by 349,885.75%, reflecting a rising long-term trend in Scope 3 emissions over time.ab

Compared to the previous year (2023), Banco BPM's Scope 3 emissions increased by 440,237.08%, suggesting that the company faced challenges in reducing emissions across its value chain.ab

What categories of Scope 3 emissions does Banco BPM disclose?

In 2024, Banco BPM reported emissions for 5 out of the 15 Scope 3 categories defined by the GHG Protocol.a

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of Banco BPM's Scope 3 emissions?

In 2024, the largest contributors to Banco BPM's Scope 3 emissions were:a

  • Investments (Cat. 15): 58,081,642 tCOâ‚‚e(99.97%)
  • Employee Commuting (Cat. 7): 11,997 tCOâ‚‚e(0.02%)
  • Purchased Goods and Services (Cat. 1): 2,088 tCOâ‚‚e(0%)

Banco BPM's Scope 3 Emissions by Categories

Investments(Cat. 15)(100.0%)

Insights into Banco BPM’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Banco BPM reported Scope 1 greenhouse gas (GHG) emissions of 16,813 tCOâ‚‚e and total revenues of USD 5,771 millions. This translates into an emissions intensity of 2.91 tCOâ‚‚e per millions USD.a

Banco BPM's Scope 1 Emissions Intensity Compared to Peers

101001,00010,000100,000Scope 1 Emissions (tCO2e)2001,0005,00020,000100,000Revenues (Millions of USD)TSCredito 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: $M 4,371Scope 1 Intensity: 2.14 tCO2e/$MIntesa SanpaoloYear: 2024Scope 1: 45,280 tCO2eRevenue: $M 29,443Scope 1 Intensity: 1.54 tCO2e/$MUniCreditYear: 2024Scope 1: 24,412 tCO2eRevenue: $M 27,659Scope 1 Intensity: 0.88 tCO2e/$MBanca GeneraliYear: 2023Scope 1: 433 tCO2eRevenue: $M 1,017Scope 1 Intensity: 0.43 tCO2e/$MUnicaja BancoYear: 2024Scope 1: 1,595 tCO2eRevenue: $M 2,215Scope 1 Intensity: 0.72 tCO2e/$MBanca MediolanumYear: 2024Scope 1: 2,412 tCO2eRevenue: $M 2,518Scope 1 Intensity: 0.96 tCO2e/$MBPER BancaYear: 2024Scope 1: 10,614 tCO2eRevenue: $M 6,232Scope 1 Intensity: 1.70 tCO2e/$MZions BancorporationYear: 2024Scope 1: 2,845 tCO2eRevenue: $M 3,130Scope 1 Intensity: 0.91 tCO2e/$MQatar Islamic BankYear: 2024Scope 1: 87 tCO2eRevenue: $M 1,815Scope 1 Intensity: 0.05 tCO2e/$MBanco Santander ChileYear: 2024Scope 1: 564 tCO2eRevenue: $M 2,611Scope 1 Intensity: 0.22 tCO2e/$MBanca Popolare di SondrioYear: 2024Scope 1: 3,441 tCO2eRevenue: $M 1,859Scope 1 Intensity: 1.85 tCO2e/$MAlinma BankYear: 2024Scope 1: 1,201 tCO2eRevenue: $M 2,911Scope 1 Intensity: 0.41 tCO2e/$MBanca IFISYear: 2024Scope 1: 1,974 tCO2eRevenue: $M 632Scope 1 Intensity: 3.12 tCO2e/$MIDFC First BankYear: 2025Scope 1: 19,417 tCO2eRevenue: $M 3,090Scope 1 Intensity: 6.28 tCO2e/$MPublic BankYear: 2024Scope 1: 3,964 tCO2eRevenue: $M 3,135Scope 1 Intensity: 1.26 tCO2e/$MBAWAG GroupYear: 2024Scope 1: 812 tCO2eRevenue: $M 1,732Scope 1 Intensity: 0.47 tCO2e/$MChina Zheshang BankYear: 2024Scope 1: 3,464 tCO2eRevenue: $M 9,016Scope 1 Intensity: 0.38 tCO2e/$MBank of Ireland GroupYear: 2024Scope 1: 3,537 tCO2eRevenue: $M 4,643Scope 1 Intensity: 0.76 tCO2e/$MTTTS Financial HoldingYear: 2024Scope 1: 1,932 tCO2eRevenue: $M 2,644Scope 1 Intensity: 0.73 tCO2e/$MSSShanghai Rural Commercial BankYear: 2024Scope 1: 1,917 tCO2eRevenue: $M 3,545Scope 1 Intensity: 0.54 tCO2e/$MSaudi National BankYear: 2024Scope 1: 13 tCO2eRevenue: $M 10,238Scope 1 Intensity: 0.00 tCO2e/$MBanco BPMYear: 2024Scope 1: 16,813 tCO2eRevenue: $M 5,771Scope 1 Intensity: 2.91 tCO2e/$M

How does Banco BPM's GHG emissions intensity compare to its peers?

In 2024, Banco BPM reported a Scope 1 emissions intensity of 2.91 tCOâ‚‚e per millions USD. Compared to the peer group median of 0.75, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does Banco BPM rank on GHG emissions intensity within its industry?

In 2024, Banco BPM ranked 23 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

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

Insights into Banco BPM's Total Carbon Footprint

In 2024, Banco BPM reported a total carbon footprint of 58,161,576 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 114,842.24% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.ab

The largest contributor to Banco BPM's total carbon footprint was Scope 3 emissions, accounting for 99.89% of the company's total carbon footprint, followed by Scope 2 emissions at 0.08%.a

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