In 2024, Banco Comercial Portugues 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 Comercial Portugues 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 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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In 2024, the total operational greenhouse gas (GHG) emissions of Banco Comercial Portugues amounted to 22,001 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
Compared to 2023, the total operational greenhouse gas (GHG) emissions of Banco Comercial Portugues decreased by 10.14%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a
In 2024, the total Scope 1 emissions of Banco Comercial Portugues were 5,505 metric tons of CO₂ equivalent (tCO₂e). a
Since 2018, Banco Comercial Portugues's Scope 1 emissions have decreased by 44.51%, reflecting a declining long-term trend in Scope 1 emissions over time. a b
Compared to the previous year (2023), Banco Comercial Portugues's Scope 1 emissions increased by 5.82%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a
In 2024, Banco Comercial Portugues reported Scope 2 greenhouse gas (GHG) emissions of 5,955 tCO₂e using the market-based method and 16,496 tCO₂e using the location-based method. a
Compared to the previous year (2023), Banco Comercial Portugues's Scope 2 emissions (Location-Based) fell by 14.45% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. a
In 2024, Banco Comercial Portugues reported its Scope 2 emissions using the market-based method and using the location-based method. a
In 2024, Banco Comercial Portugues reported 9,598,650 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 Banco Comercial Portugues includes a breakdown across 6 of 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 chain a
In 2024, Banco Comercial Portugues reported total Scope 3 emissions of 9,598,650 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 1.59% of these emissions originated from upstream activities such as purchased goods and capital goods, while 98.41% came from downstream activities like product use, distribution, and end-of-life treatment. a
Since 2018, Banco Comercial Portugues's Scope 3 emissions have increased by 835,291.64%, reflecting a rising long-term trend in Scope 3 emissions over time. a b
Compared to the previous year (2023), Banco Comercial Portugues's Scope 3 emissions increased by 40.34%, suggesting that the company faced challenges in reducing emissions across its value chain. a
In 2024, Banco Comercial Portugues reported emissions for 6 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.
In 2024, the largest contributors to Banco Comercial Portugues's Scope 3 emissions were: a
In 2024, Banco Comercial Portugues reported Scope 1 greenhouse gas (GHG) emissions of 5,505 tCO₂e and total revenues of USD 3,885 millions. This translates into an emissions intensity of 1.42 tCO₂e per millions USD. a
In 2024, Banco Comercial Portugues reported a Scope 1 emissions intensity of 1.42 tCO₂e per millions USD. Compared to the peer group median of 0.85 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a
In 2024, Banco Comercial Portugues ranked 17 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
Banco Comercial Portugues is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a
In 2024, Banco Comercial Portugues reported a total carbon footprint of 9,620,651 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 40.16% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a
The largest contributor to Banco Comercial Portugues's total carbon footprint was Scope 3 emissions, accounting for 99.77% of the company's total carbon footprint, followed by Scope 2 emissions at 0.17%. a