Banca Monte dei Paschi di Siena SpA
Monte dei Paschi di Siena's GHG Emissions Data Preview
In 2024, Monte dei Paschi di Siena 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).
Monte dei Paschi di Siena has also provided a category-level breakdown for 9 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 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data. b | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
a
a
a
a
a
a
a
a
b
bVerified Sources Behind Monte dei Paschi di Siena’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 Monte dei Paschi di Siena’s data sources below and access millions more through our Disclosure Search.
Insights into Monte dei Paschi di Siena's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of Monte dei Paschi di Siena amounted to 39,265 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 Monte dei Paschi di Siena increased by 29.75%, suggesting that the company faced challenges in reducing its emissions from its core operations. a b
Monte dei Paschi di Siena's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Monte dei Paschi di Siena's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Monte dei Paschi di Siena were 9,341 metric tons of CO₂ equivalent (tCO₂e). a
Has Monte dei Paschi di Siena reduced its Scope 1 emissions over time?
Since 2021, Monte dei Paschi di Siena's Scope 1 emissions have increased by 25.23%, reflecting a rising long-term trend in Scope 1 emissions over time. a b
Compared to the previous year (2023), Monte dei Paschi di Siena's Scope 1 emissions increased by 122.04%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a b
What are Monte dei Paschi di Siena's Scope 2 emissions?
In 2024, Monte dei Paschi di Siena reported Scope 2 greenhouse gas (GHG) emissions of 244 tCO₂e using the market-based method and 29,924 tCO₂e using the location-based method. a
Has Monte dei Paschi di Siena reduced its Scope 2 emissions over time?
Since 2021, Monte dei Paschi di Siena's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have remained relatively stable, indicating that Monte dei Paschi di Siena 's emissions have plateaued with no significant change in its energy consumption footprint. a b
Compared to the previous year (2023), Monte dei Paschi di Siena's Scope 2 emissions (Location-Based) rose by 14.85% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a b
What methodology does Monte dei Paschi di Siena use for Scope 2 reporting?
In 2024, Monte dei Paschi di Siena reported its Scope 2 emissions using the market-based method and using the location-based method. a
Monte dei Paschi di Siena's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Monte dei Paschi di Siena's Value Chain Emissions
In 2024, Monte dei Paschi di Siena reported 20,398,726 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 Monte dei Paschi di Siena includes a breakdown across 9 of the 15 Scope 3 categories defined by the GHG Protocol, up from 1 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chain a
Monte dei Paschi di Siena's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Monte dei Paschi di Siena's Scope 3 emissions?
In 2024, Monte dei Paschi di Siena reported total Scope 3 emissions of 20,398,726 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 0.4% of these emissions originated from upstream activities such as purchased goods and capital goods, while 99.6% came from downstream activities like product use, distribution, and end-of-life treatment. a
Has Monte dei Paschi di Siena reduced its Scope 3 emissions over time?
Since 2021, Monte dei Paschi di Siena's Scope 3 emissions have increased by 851,052.72%, reflecting a rising long-term trend in Scope 3 emissions over time. a b
Compared to the previous year (2023), Monte dei Paschi di Siena's Scope 3 emissions remained relatively stable, indicating that Monte dei Paschi di Siena 's emissions have plateaued with no significant change in its value chain footprint. a b
What categories of Scope 3 emissions does Monte dei Paschi di Siena disclose?
In 2024, Monte dei Paschi di Siena reported emissions for 9 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 Monte dei Paschi di Siena's Scope 3 emissions?
In 2024, the largest contributors to Monte dei Paschi di Siena's Scope 3 emissions were: a
- Investments (Cat. 15): 20,313,765 tCO₂e (99.58%)
- Purchased Goods and Services (Cat. 1): 72,258 tCO₂e (0.35%)
- Capital Goods (Cat. 2): 5,523 tCO₂e (0.03%)
Monte dei Paschi di Siena's Scope 3 Emissions by Categories
Insights into Monte dei Paschi di Siena’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Monte dei Paschi di Siena reported Scope 1 greenhouse gas (GHG) emissions of 9,341 tCO₂e and total revenues of USD 4,371 millions. This translates into an emissions intensity of 2.14 tCO₂e per millions USD. a
Monte dei Paschi di Siena's Scope 1 Emissions Intensity Compared to Peers
How does Monte dei Paschi di Siena's GHG emissions intensity compare to its peers?
In 2024, Monte dei Paschi di Siena reported a Scope 1 emissions intensity of 2.14 tCO₂e per millions USD. Compared to the peer group median of 0.64 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a
Where does Monte dei Paschi di Siena rank on GHG emissions intensity within its industry?
In 2024, Monte dei Paschi di Siena ranked 24 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
This places Monte dei Paschi di Siena among the least efficient performers, with one of the highest emissions intensities in its sector. a
Insights into Monte dei Paschi di Siena's Total Carbon Footprint
In 2024, Monte dei Paschi di Siena reported a total carbon footprint of 20,437,991 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 3.7% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a b
The largest contributor to Monte dei Paschi di Siena's total carbon footprint was Scope 3 emissions, accounting for 99.81% of the company's total carbon footprint, followed by Scope 2 emissions at 0.15%. a