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FinecoBank Banca Fineco SpA

Common Name
FinecoBank Banca Fineco
Country
Italy
Sector
Financial Services
Industry
Banks - Regional
Employees
1,502
Ticker
FBK
Exchange
EURONEXT MILAN
Description
FinecoBank S.p.A. is a prominent banking and financial services company, rooted in Italy and known for its innovative approach in the financial sector. Primarily, FinecoBank offers a comprehensive sui...

FinecoBank Banca Fineco's GHG Emissions Data Preview

In 2024, FinecoBank Banca Fineco 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).

FinecoBank Banca Fineco has also provided a category-level breakdown for 6 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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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 FinecoBank Banca Fineco’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 FinecoBank Banca Fineco’s data sources below and access millions more through our Disclosure Search.

a. FinecoBank Banca Fineco's Annual Report 2024
a. FinecoBank Banca Fineco's Annual Report 2024
b. FinecoBank Banca Fineco's Consolidated Non-Financial Report 2023
b. FinecoBank Banca Fineco's Consolidated Non-Financial Report 2023
c. FinecoBank Banca Fineco's Consolidated Non-Financial Report 2022
c. FinecoBank Banca Fineco's Consolidated Non-Financial Report 2022

Insights into FinecoBank Banca Fineco's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofFinecoBank Banca Fineco amounted to1,177metric 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 FinecoBank Banca Finecoincreased by 9.29%, suggesting that the company faced challenges in reducing its emissions from its core operations.ab

FinecoBank Banca Fineco's Scope 1 Emissions Over Time

202020212022202320240100200300400tCO2e+9%-14%-18%+1%
  • Total Scope 1
  • Year-over-Year Change

What are FinecoBank Banca Fineco's Scope 1 emissions?

In 2024, the total Scope 1 emissions of FinecoBank Banca Fineco were 285 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has FinecoBank Banca Fineco reduced its Scope 1 emissions over time?

Since 2020, FinecoBank Banca Fineco's Scope 1 emissions have decreased by 22.34%, reflecting a declining long-term trend in Scope 1 emissions over time.ac

Compared to the previous year(2023), FinecoBank Banca Fineco's Scope 1 emissions increased by 1.42%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.ab

What are FinecoBank Banca Fineco's Scope 2 emissions?

In 2024, FinecoBank Banca Fineco reported Scope 2 greenhouse gas (GHG) emissions of 0 tCOâ‚‚e using the market-based method and 892 tCOâ‚‚e using the location-based method.a

Has FinecoBank Banca Fineco reduced its Scope 2 emissions over time?

Since 2020, FinecoBank Banca Fineco's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have decreased by 15.29%, reflecting a declining long-term trend in Scope 2 emissions over time.ac

Compared to the previous year(2023), FinecoBank Banca Fineco's Scope 2 emissions(Location-Based) rose by 12.06% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energyab

What methodology does FinecoBank Banca Fineco use for Scope 2 reporting?

In 2024, FinecoBank Banca Fineco reported its Scope 2 emissions using the market-based method and using the location-based method.a

FinecoBank Banca Fineco's Scope 2 Emissions Over Time

2020202120222023202403006009001.2 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into FinecoBank Banca Fineco's Value Chain Emissions

In 2024, FinecoBank Banca Fineco reported 3,162,921 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2024 disclosure of FinecoBank Banca Fineco includes a breakdown across 6of the 15 Scope 3 categories defined by the GHG Protocol,up from 0 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina

FinecoBank Banca Fineco's Scope 3 Emissions Over Time

202020212022202320240800 k1.6 M2.4 M3.2 MtCO2e-1%-4%-26%+336023%
  • Total Scope 3
  • Year-over-Year Change

What are FinecoBank Banca Fineco's Scope 3 emissions?

In 2024, FinecoBank Banca Fineco reported total Scope 3 emissions of 3,162,921 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Approximately 0.04%of these emissions originated from upstream activities such as purchased goods and capital goods, while 99.96%came from downstream activities like product use, distribution, and end-of-life treatment.a

Has FinecoBank Banca Fineco reduced its Scope 3 emissions over time?

Since 2020, FinecoBank Banca Fineco's Scope 3 emissionshave increased by 233,153.76%, reflecting a rising long-term trend in Scope 3 emissions over time.ac

Compared to the previous year (2023), FinecoBank Banca Fineco's Scope 3 emissions increased by 336,023.38%, suggesting that the company faced challenges in reducing emissions across its value chain.ab

What categories of Scope 3 emissions does FinecoBank Banca Fineco disclose?

In 2024, FinecoBank Banca Fineco reported emissions for 6 out of the 15 Scope 3 categories defined by the GHG Protocol.a

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of FinecoBank Banca Fineco's Scope 3 emissions?

In 2024, the largest contributors to FinecoBank Banca Fineco's Scope 3 emissions were:a

  • Investments (Cat. 15): 3,160,756 tCOâ‚‚e(99.93%)
  • Franchises (Cat. 14): 854 tCOâ‚‚e(0.03%)
  • Employee Commuting (Cat. 7): 538 tCOâ‚‚e(0.02%)

FinecoBank Banca Fineco's Scope 3 Emissions by Categories

Investments(Cat. 15)(99.9%)

Insights into FinecoBank Banca Fineco’s GHG Emissions Intensity Compared to Industry Peers

In 2024, FinecoBank Banca Fineco reported Scope 1 greenhouse gas (GHG) emissions of 285 tCOâ‚‚e and total revenues of USD 1,585 millions. This translates into an emissions intensity of 0.18 tCOâ‚‚e per millions USD.a

FinecoBank Banca Fineco's Scope 1 Emissions Intensity Compared to Peers

502002,00020,000100,000Scope 1 Emissions (tCO2e)1005002,00020,000100,000Revenues (Millions of USD)LKCredito EmilianoYear: 2024Scope 1: 2,976 tCO2eRevenue: $M 2,288Scope 1 Intensity: 1.30 tCO2e/$MMediobancaYear: 2024Scope 1: 2,546 tCO2eRevenue: $M 3,480Scope 1 Intensity: 0.73 tCO2e/$MMonte dei Paschi di SienaYear: 2024Scope 1: 9,341 tCO2eRevenue: $M 4,371Scope 1 Intensity: 2.14 tCO2e/$MSaudi Awwal BankYear: 2024Scope 1: 6,029 tCO2eRevenue: $M 3,764Scope 1 Intensity: 1.60 tCO2e/$MHang Seng BankYear: 2024Scope 1: 117 tCO2eRevenue: $M 5,346Scope 1 Intensity: 0.02 tCO2e/$MIntesa SanpaoloYear: 2024Scope 1: 45,280 tCO2eRevenue: $M 29,443Scope 1 Intensity: 1.54 tCO2e/$MLLLion Finance GroupYear: 2024Scope 1: 3,046 tCO2eRevenue: $M 368Scope 1 Intensity: 8.28 tCO2e/$MFederal BankYear: 2025Scope 1: 2,111 tCO2eRevenue: $M 1,685Scope 1 Intensity: 1.25 tCO2e/$MUniCreditYear: 2024Scope 1: 24,412 tCO2eRevenue: $M 27,659Scope 1 Intensity: 0.88 tCO2e/$MBanca GeneraliYear: 2023Scope 1: 433 tCO2eRevenue: $M 1,017Scope 1 Intensity: 0.43 tCO2e/$MKKKyoto Financial GroupYear: 2024Scope 1: 1,560 tCO2eRevenue: $M 746Scope 1 Intensity: 2.09 tCO2e/$MShinkin Central BankYear: 2024Scope 1: 1,367 tCO2eRevenue: $M 1,548Scope 1 Intensity: 0.88 tCO2e/$MBanca MediolanumYear: 2024Scope 1: 2,412 tCO2eRevenue: $M 2,518Scope 1 Intensity: 0.96 tCO2e/$MSCSBYear: 2024Scope 1: 2,332 tCO2eRevenue: $M 1,561Scope 1 Intensity: 1.49 tCO2e/$MBPER BancaYear: 2024Scope 1: 10,614 tCO2eRevenue: $M 6,232Scope 1 Intensity: 1.70 tCO2e/$MAU Small Finance BankYear: 2025Scope 1: 317 tCO2eRevenue: $M 1,234Scope 1 Intensity: 0.26 tCO2e/$MBanca Popolare di SondrioYear: 2024Scope 1: 3,441 tCO2eRevenue: $M 1,859Scope 1 Intensity: 1.85 tCO2e/$MAlinma BankYear: 2024Scope 1: 1,201 tCO2eRevenue: $M 2,911Scope 1 Intensity: 0.41 tCO2e/$MBanca IFISYear: 2024Scope 1: 1,974 tCO2eRevenue: $M 632Scope 1 Intensity: 3.12 tCO2e/$MPublic BankYear: 2024Scope 1: 3,964 tCO2eRevenue: $M 3,135Scope 1 Intensity: 1.26 tCO2e/$MHancock WhitneyYear: 2023Scope 1: 1,338 tCO2eRevenue: $M 1,367Scope 1 Intensity: 0.98 tCO2e/$MBanco BPMYear: 2024Scope 1: 16,813 tCO2eRevenue: $M 5,771Scope 1 Intensity: 2.91 tCO2e/$MBanco de ChileYear: 2024Scope 1: 3,932 tCO2eRevenue: $M 3,058Scope 1 Intensity: 1.29 tCO2e/$MQnb BankYear: 2024Scope 1: 15,753 tCO2eRevenue: $M 2,865Scope 1 Intensity: 5.50 tCO2e/$MFinecoBank Banca FinecoYear: 2024Scope 1: 285 tCO2eRevenue: $M 1,585Scope 1 Intensity: 0.18 tCO2e/$M

How does FinecoBank Banca Fineco's GHG emissions intensity compare to its peers?

In 2024, FinecoBank Banca Fineco reported a Scope 1 emissions intensity of 0.18 tCOâ‚‚e per millions USD. Compared to the peer group median of 1.29, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

Where does FinecoBank Banca Fineco rank on GHG emissions intensity within its industry?

In 2024, FinecoBank Banca Fineco ranked 2 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

This places FinecoBank Banca Fineco among the top performers, with one of the lowest emissions intensities relative to peers.a

Insights into FinecoBank Banca Fineco's Total Carbon Footprint

In 2024, FinecoBank Banca Fineco reported a total carbon footprint of 3,164,098 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 156,693.76% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.ab

The largest contributor to FinecoBank Banca Fineco's total carbon footprint was Scope 3 emissions, accounting for 99.96% of the company's total carbon footprint, followed by Scope 2 emissions at 0.03%.a

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