BFF Bank SpA

Common Name
BFF Bank
Country
Italy
Sector
Financial Services
Industry
Credit Services
Employees
873
Ticker
BFF
Exchange
EURONEXT MILAN
Description
BFF Bank S.p.A. is a European financial entity specializing in the provision of financial services to public administrations and healthcare sectors. Known for its robust support in factoring, credit m...

BFF Bank's GHG Emissions Data Preview

In 2023, BFF Bank 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).

BFF Bank has also provided a category-level breakdown for 1 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2023202220212020 - 2017
Total Scope 1
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0000000
Total Scope 2
Market-Based
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0000000
Location-Based
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0000000
Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind BFF Bank’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 BFF Bank’s data sources below and access millions more through our Disclosure Search.

a. BFF Bank's Non-financial report 2023
a. BFF Bank's Non-financial report 2023

Insights into BFF Bank's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of BFF Bank amounted to 962 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 2022, the total operational greenhouse gas (GHG) emissions of BFF Bank increased by 10.45%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

BFF Bank's Scope 1 Emissions Over Time

202120222023050100150200tCO2e-13%-40%
  • Total Scope 1
  • Year-over-Year Change

What are BFF Bank's Scope 1 emissions?

In 2023, the total Scope 1 emissions of BFF Bank were 99 metric tons of CO₂ equivalent (tCO₂e). a

Has BFF Bank reduced its Scope 1 emissions over time?

Since 2021, BFF Bank's Scope 1 emissions have decreased by 47.89%, reflecting a declining long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2022), BFF Bank's Scope 1 emissions decreased by 40%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are BFF Bank's Scope 2 emissions?

In 2023, BFF Bank reported Scope 2 greenhouse gas (GHG) emissions of 999 tCO₂e using the market-based method and 863 tCO₂e using the location-based method. a

Has BFF Bank reduced its Scope 2 emissions over time?

Since 2021, BFF Bank's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have increased by 45.04%, reflecting a rising long-term trend in Scope 2 emissions over time. a

Compared to the previous year (2022), BFF Bank's Scope 2 emissions (Location-Based) rose by 22.24% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a

What methodology does BFF Bank use for Scope 2 reporting?

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

BFF Bank's Scope 2 Emissions Over Time

20212022202302505007501 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into BFF Bank's Value Chain Emissions

In 2023, BFF Bank reported 230 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 2023 disclosure of BFF Bank includes a breakdown across 1 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. a

BFF Bank's Scope 3 Emissions Over Time

20222023060120180240tCO2e+211%
  • Total Scope 3
  • Year-over-Year Change

What are BFF Bank's Scope 3 emissions?

In 2023, BFF Bank reported total Scope 3 emissions of 230 metric tons of CO₂ equivalent (tCO₂e). a

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. a

Compared to the previous year (2022), BFF Bank's Scope 3 emissions increased by 210.81%, suggesting that the company faced challenges in reducing emissions across its value chain. a

What categories of Scope 3 emissions does BFF Bank disclose?

In 2023, BFF Bank reported emissions for 1 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 BFF Bank's Scope 3 emissions?

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

  • Business Travel (Cat. 6): 230 tCO₂e (100%)

BFF Bank's Scope 3 Emissions by Categories

Business Travel(Cat. 6)(100.0%)

Insights into BFF Bank’s GHG Emissions Intensity Compared to Industry Peers

In 2023, BFF Bank reported Scope 1 greenhouse gas (GHG) emissions of 99 tCO₂e and total revenues of USD 485 millions. This translates into an emissions intensity of 0.2 tCO₂e per millions USD. a

BFF Bank's Scope 1 Emissions Intensity Compared to Peers

5501,00010,000200,000Scope 1 Emissions (tCO2e)505002,00020,000100,000Revenues (Millions of USD)HYHDFGIHHH & T GroupYear: 2024Scope 1: 271 tCO2eRevenue: $M 333Scope 1 Intensity: 0.81 tCO2e/$MYYYulon FinanceYear: 2023Scope 1: 190 tCO2eRevenue: $M 556Scope 1 Intensity: 0.34 tCO2e/$MHHHotai FinanceYear: 2023Scope 1: 1,440 tCO2eRevenue: $M 934Scope 1 Intensity: 1.54 tCO2e/$MDDDiffer Group AutoYear: 2023Scope 1: 74 tCO2eRevenue: $M 347Scope 1 Intensity: 0.21 tCO2e/$MPoonawalla FincorpYear: 2025Scope 1: 347 tCO2eRevenue: $M 468Scope 1 Intensity: 0.74 tCO2e/$MZenkoku HoshoYear: 2024Scope 1: 43 tCO2eRevenue: $M 341Scope 1 Intensity: 0.13 tCO2e/$MFFFunding Circle HoldingsYear: 2022Scope 1: 85 tCO2eRevenue: $M 188Scope 1 Intensity: 0.45 tCO2e/$ML&T FinanceYear: 2025Scope 1: 386 tCO2eRevenue: $M 1,132Scope 1 Intensity: 0.34 tCO2e/$MVisaYear: 2023Scope 1: 10,300 tCO2eRevenue: $M 32,657Scope 1 Intensity: 0.32 tCO2e/$MEdenredYear: 2024Scope 1: 6,649 tCO2eRevenue: $M 2,972Scope 1 Intensity: 2.24 tCO2e/$MAEON Credit Service (M)Year: 2023Scope 1: 167 tCO2eRevenue: $M 366Scope 1 Intensity: 0.46 tCO2e/$MShriram FinanceYear: 2025Scope 1: 4,236 tCO2eRevenue: $M 2,597Scope 1 Intensity: 1.63 tCO2e/$MZipYear: 2022Scope 1: 8 tCO2eRevenue: $M 429Scope 1 Intensity: 0.02 tCO2e/$MCholaYear: 2025Scope 1: 356 tCO2eRevenue: $M 1,570Scope 1 Intensity: 0.23 tCO2e/$MSynchrony FinancialYear: 2024Scope 1: 168 tCO2eRevenue: $M 16,154Scope 1 Intensity: 0.01 tCO2e/$MSrisawadYear: 2023Scope 1: 1,090 tCO2eRevenue: $M 484Scope 1 Intensity: 2.25 tCO2e/$MGenteraYear: 2023Scope 1: 6,540 tCO2eRevenue: $M 1,827Scope 1 Intensity: 3.58 tCO2e/$MAeon Financial ServiceYear: 2023Scope 1: 2,458 tCO2eRevenue: $M 2,854Scope 1 Intensity: 0.86 tCO2e/$MGGGrenkeYear: 2024Scope 1: 2,690 tCO2eRevenue: $M 852Scope 1 Intensity: 3.16 tCO2e/$MFar East HorizonYear: 2024Scope 1: 51,912 tCO2eRevenue: $M 5,617Scope 1 Intensity: 9.24 tCO2e/$MIREDAYear: 2025Scope 1: 22 tCO2eRevenue: $M 774Scope 1 Intensity: 0.03 tCO2e/$MIIIndian Railway FinanceYear: 2025Scope 1: 21 tCO2eRevenue: $M 3,177Scope 1 Intensity: 0.01 tCO2e/$MBFF BankYear: 2023Scope 1: 99 tCO2eRevenue: $M 485Scope 1 Intensity: 0.20 tCO2e/$M

How does BFF Bank's GHG emissions intensity compare to its peers?

In 2023, BFF Bank reported a Scope 1 emissions intensity of 0.2 tCO₂e per millions USD. Compared to the peer group median of 0.45 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does BFF Bank rank on GHG emissions intensity within its industry?

In 2023, BFF Bank ranked 6 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

BFF Bank is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a

Insights into BFF Bank's Total Carbon Footprint

In 2023, BFF Bank reported a total carbon footprint of 1,192 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 26.14% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to BFF Bank's total carbon footprint was Scope 2 emissions, accounting for 72.4% of the company's total carbon footprint, followed by Scope 3 emissions at 19.3%. a

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