Bank Millennium SA
Bank Millennium's GHG Emissions Data Preview
In 2024, 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) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 0000000 | Copy/Paste is a PRO feature.  b | Copy/Paste is a PRO feature.  b | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy/Paste is a PRO feature.  a | 0000000 | Copy/Paste is a PRO feature.  b | 0000000 |
Location-Based | Copy/Paste is a PRO feature.  a | 0000000 | Copy/Paste is a PRO feature.  b | 0000000 |
Total Scope 3 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  b | 0000000 | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0000000 | Copy/Paste is a PRO feature.  b | Copy/Paste is a PRO feature.  | 0000000 |
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bVerified Sources Behind Bank Millennium’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 Bank Millennium’s data sources below and access millions more through our Disclosure Search.
Insights into Bank Millennium's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of Bank Millennium amounted to 33,640.53 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 Bank Millennium increased by 80.27%, suggesting that the company faced challenges in reducing its emissions from its core operations.ab
Bank Millennium's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Bank Millennium's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Bank Millennium were 4,680.91 metric tons of CO₂ equivalent (tCO₂e).a
Has Bank Millennium reduced its Scope 1 emissions over time?
Since 2020, Bank Millennium's Scope 1 emissions have increased by 108.5%, reflecting a rising long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2023), Bank Millennium's Scope 1 emissions increased by 121.01%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.ab
What are Bank Millennium's Scope 2 emissions?
In 2024, Bank Millennium reported Scope 2 greenhouse gas (GHG) emissions of 10,583.57 tCO₂e using the market-based method and 28,959.62 tCO₂e using the location-based method.a
Has Bank Millennium reduced its Scope 2 emissions over time?
Since 2020, Bank Millennium's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have remained relatively stable, indicating that Bank Millennium's emissions have plateaued with no significant change in its energy consumption footprint.ab
Compared to the previous year (2023), Bank Millennium's Scope 2 emissions (Location-Based) rose by 75.06% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energyab
What methodology does Bank Millennium use for Scope 2 reporting?
In 2024, Bank Millennium reported its Scope 2 emissions using the market-based method and using the location-based method.a
Bank Millennium's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Bank Millennium's Value Chain Emissions
In 2024, Bank Millennium reported 11,067,533.72 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 Bank Millennium includes a breakdown across 4 of the 15 Scope 3 categories defined by the GHG Protocol, down from 5 in 2023, indicating a decline in reporting granularity and reduced insight into the company's full value chain emissions.a
Bank Millennium's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Bank Millennium's Scope 3 emissions?
In 2024, Bank Millennium reported total Scope 3 emissions of 11,067,533.72 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 0.85% of these emissions originated from upstream activities such as purchased goods and capital goods, while 99.15% came from downstream activities like product use, distribution, and end-of-life treatment.a
Has Bank Millennium reduced its Scope 3 emissions over time?
Since 2020, Bank Millennium's Scope 3 emissions have increased by 340,754.13%, reflecting a rising long-term trend in Scope 3 emissions over time.ab
Compared to the previous year (2023), Bank Millennium's Scope 3 emissions increased by 510,395.1%, suggesting that the company faced challenges in reducing emissions across its value chain.ab
What categories of Scope 3 emissions does Bank Millennium disclose?
In 2024, Bank Millennium reported emissions for 4 out of the 15 Scope 3 categories defined by the GHG Protocol.a
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
What are the main sources of Bank Millennium's Scope 3 emissions?
In 2024, the largest contributors to Bank Millennium's Scope 3 emissions were:a
- Investments (Cat. 15): 9,877,952.33 tCO₂e (89.25%)
- Downstream Leased Assets (Cat. 13): 1,095,704.32 tCO₂e (9.9%)
- Purchased Goods and Services (Cat. 1): 91,456.71 tCO₂e (0.83%)
Bank Millennium's Scope 3 Emissions by Categories
Insights into Bank Millennium’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Bank Millennium reported Scope 1 greenhouse gas (GHG) emissions of 4,680.91 tCO₂e and total revenues of USD 1,480 millions. This translates into an emissions intensity of 3.16 tCO₂e per millions USD.a
Bank Millennium's Scope 1 Emissions Intensity Compared to Peers
How does Bank Millennium's GHG emissions intensity compare to its peers?
In 2024, Bank Millennium reported a Scope 1 emissions intensity of 3.16 tCO₂e per millions USD. Compared to the peer group median of 0.79, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
Where does Bank Millennium rank on GHG emissions intensity within its industry?
In 2024, Bank Millennium ranked 17 out of 19 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places Bank Millennium among the least efficient performers, with one of the highest emissions intensities in its sector.a
Insights into Bank Millennium's Total Carbon Footprint
In 2024, Bank Millennium reported a total carbon footprint of 11,101,174.25 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 53,196.72% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.ab
The largest contributor to Bank Millennium's total carbon footprint was Scope 3 emissions, accounting for 99.7% of the company's total carbon footprint, followed by Scope 2 emissions at 0.26%.a