📣 Introducing Tracenable Pro: Unlock Unlimited Data Exports & Disclosures Access.
Banco Comercial Portugues SA
Banco Comercial Portugues's GHG Emissions Data Preview
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.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 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.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
a
a
a
a
a
a
a
a
a
a
aVerified Sources Behind Banco Comercial Portugues’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 Comercial Portugues’s data sources below and access millions more through our Disclosure Search.
Insights into Banco Comercial Portugues's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions ofBanco Comercial Portugues amounted to22,001metric 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 Portuguesdecreased by 10.14%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
Banco Comercial Portugues's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Banco Comercial Portugues's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Banco Comercial Portugues were 5,505 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Has Banco Comercial Portugues reduced its Scope 1 emissions over time?
Since 2019, Banco Comercial Portugues's Scope 1 emissions have decreased by 33.91%, reflecting a declining long-term trend in Scope 1 emissions over time.ab
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
What are Banco Comercial Portugues's Scope 2 emissions?
In 2024, Banco Comercial Portugues reported Scope 2 greenhouse gas (GHG) emissions of 5,955 tCOâ‚‚e using the market-based method and 16,496 tCOâ‚‚e using the location-based method.a
Has Banco Comercial Portugues reduced its Scope 2 emissions over time?
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
What methodology does Banco Comercial Portugues use for Scope 2 reporting?
In 2024, Banco Comercial Portugues reported its Scope 2 emissions using the market-based method and using the location-based method.a
Banco Comercial Portugues's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
- Total Scope 2 (Unspecified Calculation Method)
Insights into Banco Comercial Portugues's Value Chain Emissions
In 2024, Banco Comercial Portugues reported 9,598,650 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 Comercial Portugues includes a breakdown across 6of 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 Comercial Portugues's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Banco Comercial Portugues's Scope 3 emissions?
In 2024, Banco Comercial Portugues reported total Scope 3 emissions of 9,598,650 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).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
Has Banco Comercial Portugues reduced its Scope 3 emissions over time?
Since 2019, Banco Comercial Portugues's Scope 3 emissionshave increased by 755,104.56%, reflecting a rising long-term trend in Scope 3 emissions over time.ab
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
What categories of Scope 3 emissions does Banco Comercial Portugues disclose?
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.
What are the main sources of Banco Comercial Portugues's Scope 3 emissions?
In 2024, the largest contributors to Banco Comercial Portugues's Scope 3 emissions were:a
- Investments (Cat. 15): 8,350,239 tCOâ‚‚e(86.99%)
- Downstream Leased Assets (Cat. 13): 1,095,704 tCOâ‚‚e(11.42%)
- Purchased Goods and Services (Cat. 1): 138,470 tCOâ‚‚e(1.44%)
Banco Comercial Portugues's Scope 3 Emissions by Categories
Insights into Banco Comercial Portugues’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Banco Comercial Portugues reported Scope 1 greenhouse gas (GHG) emissions of 5,505 tCOâ‚‚e and total revenues of USD 3,885 millions. This translates into an emissions intensity of 1.42 tCOâ‚‚e per millions USD.a
Banco Comercial Portugues's Scope 1 Emissions Intensity Compared to Peers
How does Banco Comercial Portugues's GHG emissions intensity compare to its peers?
In 2024, Banco Comercial Portugues reported a Scope 1 emissions intensity of 1.42 tCOâ‚‚e per millions USD. Compared to the peer group median of 1.13, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
Where does Banco Comercial Portugues rank on GHG emissions intensity within its industry?
In 2024, Banco Comercial Portugues ranked 18 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e 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
Insights into Banco Comercial Portugues's Total Carbon Footprint
In 2024, Banco Comercial Portugues reported a total carbon footprint of 9,620,651 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) 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