Bank Millennium SA

Common Name
Bank Millennium
Country
Poland
Sector
Financial Services
Industry
Banks - Regional
Employees
N/A
Ticker
MIL
Exchange
WARSAW STOCK EXCHANGE/EQUITIES/MAIN MARKET

Bank Millennium's GHG Emissions Data Preview

In 2023, Bank Millennium 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).

Bank Millennium 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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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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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 Bank Millennium's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Bank Millennium amounted to 18,661 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 Bank Millennium decreased by 22.76%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

Bank Millennium's Scope 1 Emissions Over Time

20202022202306001.2 k1.8 k2.4 ktCO2e-4%-2%
  • Total Scope 1
  • Year-over-Year Change

What are Bank Millennium's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Bank Millennium were 2,118 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Bank Millennium reduced its Scope 1 emissions over time?

Since 2020, Bank Millennium's Scope 1 emissions have decreased by 5.66%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Bank Millennium's Scope 1 emissions decreased by 2.22%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are Bank Millennium's Scope 2 emissions?

In 2023, Bank Millennium reported Scope 2 greenhouse gas (GHG) emissions of 5,168 tCOâ‚‚e using the market-based method, and 16,543 tCOâ‚‚e using the location-based method.

Has Bank Millennium reduced its Scope 2 emissions over time?

Since 2020, Bank Millennium's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 38.13%, reflecting a declining long-term trend in Scope 2 emissions over time.

Compared to the previous year (2022), Bank Millennium's Scope 2 emissions (Location-Based) fell by 24.78% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.

What methodology does Bank Millennium use for Scope 2 reporting?

In 2023, Bank Millennium reported its Scope 2 emissions using the market-based method and using the location-based method.

Bank Millennium's Scope 2 Emissions Over Time

20202022202307 k14 k21 k28 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Bank Millennium's Value Chain Emissions

In 2023, Bank Millennium reported 2,168 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 Bank Millennium 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.

Bank Millennium's Scope 3 Emissions Over Time

20202022202301.5 k3 k4.5 k6 ktCO2e+72%-61%
  • Total Scope 3
  • Year-over-Year Change

What are Bank Millennium's Scope 3 emissions?

In 2023, Bank Millennium reported total Scope 3 emissions of 2,168 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment.

Has Bank Millennium reduced its Scope 3 emissions over time?

Since 2020, Bank Millennium's Scope 3 emissions have decreased by 33.23%, reflecting a declining long-term trend in Scope 3 emissions over time.

Compared to the previous year (2022), Bank Millennium's Scope 3 emissions decreased by 61.2%, highlighting the company's efforts to lower indirect emissions from its value chain.

What categories of Scope 3 emissions does Bank Millennium disclose?

In 2023, Bank Millennium 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 Bank Millennium's Scope 3 emissions?

In 2023, the largest contributors to Bank Millennium's Scope 3 emissions were:

  • Fuel- and Energy-Related Services (Cat. 3): 3,436 tCOâ‚‚e (71.24%)
  • Purchased Goods and Services (Cat. 1): 749 tCOâ‚‚e (15.53%)
  • Capital Goods (Cat. 2): 387 tCOâ‚‚e (8.02%)

Bank Millennium's Scope 3 Emissions by Categories

Fuel- andEnergy-RelatedServices (Cat. 3)(71.2%)Capital Goods(Cat. 2)(8.0%)Purchased Goods andServices (Cat. 1)(15.5%)

Insights into Bank Millennium's Total Carbon Footprint

In 2023, Bank Millennium reported a total carbon footprint of 20,829 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 29.98% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.

The largest contributor to Bank Millennium's total carbon footprint was Scope 2 emissions, accounting for 79.42% of the company's total carbon footprint, followed by Scope 3 emissions at 10.41%.

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