Credito Emiliano SpA

Common Name
Credito Emiliano
Country
Italy
Sector
Financial Services
Industry
Banks - Regional
Employees
6,289
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 GHG Emissions Data Preview

In 2023, Credito Emiliano 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).

Credito Emiliano has also provided a category-level breakdown for 3 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 Credito Emiliano's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Credito Emiliano amounted to 9,772.9 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 Credito Emiliano decreased by 4.54%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

Credito Emiliano's Scope 1 Emissions Over Time

20212022202307501.5 k2.25 k3 ktCO2e0%-4%
  • Total Scope 1
  • Year-over-Year Change

What are Credito Emiliano's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Credito Emiliano were 2,723.7 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Credito Emiliano reduced its Scope 1 emissions over time?

Since 2021, Credito Emiliano's Scope 1 emissions have decreased by 4.23%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Credito Emiliano's Scope 1 emissions decreased by 3.79%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are Credito Emiliano's Scope 2 emissions?

In 2023, Credito Emiliano reported Scope 2 greenhouse gas (GHG) emissions of 620 tCOâ‚‚e using the market-based method, and 7,049.2 tCOâ‚‚e using the location-based method.

Has Credito Emiliano reduced its Scope 2 emissions over time?

Since 2021, Credito Emiliano's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 10.46%, reflecting a declining long-term trend in Scope 2 emissions over time.

Compared to the previous year (2022), Credito Emiliano's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Credito Emiliano 's emissions have plateaued with no significant change in its energy consumption footprint.

What methodology does Credito Emiliano use for Scope 2 reporting?

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

Credito Emiliano's Scope 2 Emissions Over Time

20212022202302 k4 k6 k8 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Credito Emiliano's Value Chain Emissions

In 2023, Credito Emiliano reported 3,582,302.6 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 Credito Emiliano includes a breakdown across 3 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.

Credito Emiliano's Scope 3 Emissions Over Time

20212022202301.5 M3 M4.5 M6 MtCO2e-31%+13%
  • Total Scope 3
  • Year-over-Year Change

What are Credito Emiliano's Scope 3 emissions?

In 2023, Credito Emiliano reported total Scope 3 emissions of 3,582,302.6 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 0.06% of these emissions originated from upstream activities such as purchased goods and capital goods, while 99.94% came from downstream activities like product use, distribution, and end-of-life treatment.

Has Credito Emiliano reduced its Scope 3 emissions over time?

Since 2021, Credito Emiliano's Scope 3 emissions have decreased by 22.45%, reflecting a declining long-term trend in Scope 3 emissions over time.

Compared to the previous year (2022), Credito Emiliano's Scope 3 emissions increased by 12.68%, suggesting that the company faced challenges in reducing emissions across its value chain.

What categories of Scope 3 emissions does Credito Emiliano disclose?

In 2023, Credito Emiliano reported emissions for 3 out of the 15 Scope 3 categories defined by the GHG Protocol.

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

What are the main sources of Credito Emiliano's Scope 3 emissions?

In 2023, the largest contributors to Credito Emiliano's Scope 3 emissions were:

  • Investments (Cat. 15): 3,580,241.3 tCOâ‚‚e (99.94%)
  • Business Travel (Cat. 6): 1,823 tCOâ‚‚e (0.05%)
  • Purchased Goods and Services (Cat. 1): 237.2 tCOâ‚‚e (0.01%)

Credito Emiliano's Scope 3 Emissions by Categories

Investments(Cat. 15)(99.9%)

Insights into Credito Emiliano's Total Carbon Footprint

In 2023, Credito Emiliano reported a total carbon footprint of 3,592,075.5 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 12.62% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Credito Emiliano's total carbon footprint was Scope 3 emissions, accounting for 99.73% of the company's total carbon footprint, followed by Scope 2 emissions at 0.2%.

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