Credito Emiliano SpA

Common Name
Credito Emiliano
Country
Italy
Sector
Financial Services
Industry
Banks - Regional
Employees
6,599
Ticker
CE
Exchange
EURONEXT MILAN
Description
Credito Emiliano S.p.A., commonly known as Credem, is a prominent banking and financial services company based in Italy. Focused on serving both individuals and businesses, Credem offers a comprehensi...

Credito Emiliano's Climate Target Data Preview

As of 2023, Credito Emiliano has disclosed 3 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 3 absolute reduction targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Credito Emiliano ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2027
Absolute-based Target
Scope 1 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2027
Absolute-based Target
Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Business Travel (Cat. 6)
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2027
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Verified Sources Behind Credito Emiliano’s Climate Targets 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 Credito Emiliano’s data sources below and access millions more through our Disclosure Search.

a. Credito Emiliano's Consolidated Non-Financial Report 2023
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Insights into Credito Emiliano's Greenhouse Gas Emissions Pathways

As of 2023, Credito Emiliano has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint. a

Does Credito Emiliano have a target to reduce the emissions from its operations?

As of 2023, Credito Emiliano has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a

Credito Emiliano's most ambitious operational target is to reduce these emissions by 18% by 2027, compared to a baseline of 7,406.7 Metric Tonnes of CO2 equivalent (mtCO2e) in 2022. a

As of 2023, Credito Emiliano is on track to meet its operational emissions reduction target, having achieved 26.83% of the planned reduction. a

Credito Emiliano's Operational (Scope 1+2) Emissions Pathway

20222023202702 k4 k6 k8 kCurrent (-5%)Target 2027 (-18%)

Does Credito Emiliano have a target to reduce the emissions from its value chain?

As of 2023, Credito Emiliano has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 2 out of the 15 Scope 3 categories defined by the GHG Protocol. a

Credito Emiliano's most ambitious value chain target is to reduce these emissions by 6% by 2027, compared to a baseline of 1,924.7 Metric Tonnes of CO2 equivalent (mtCO2e) in 2022. a

Instead of reducing value chain emissions, Credito Emiliano has increased them, with 2023 levels exceeding those of the 2022 baseline, placing the company well behind its reduction target. a

Credito Emiliano's Value Chain (Scope 3) Emissions Pathway

20222023202705501.1 k1.65 k2.2 kCurrent (+7%)Target 2027 (-6%)
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