In 2023, 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 1 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 | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 2 | ||||
Market-Based | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Location-Based | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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.
In 2023, the total operational greenhouse gas (GHG) emissions of Monte dei Paschi di Siena amounted to 30,262.8 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 Monte dei Paschi di Siena decreased by 7.92%, showing that the company has made progress in taking action to reduce the climate impact of its operations.
In 2023, the total Scope 1 emissions of Monte dei Paschi di Siena were 4,206.9 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Since 2021, Monte dei Paschi di Siena's Scope 1 emissions have decreased by 43.6%, reflecting a declining long-term trend in Scope 1 emissions over time.
Compared to the previous year (2022), Monte dei Paschi di Siena's Scope 1 emissions decreased by 23.86%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.
In 2023, Monte dei Paschi di Siena reported Scope 2 greenhouse gas (GHG) emissions of 0 tCOâ‚‚e using the market-based method, and 26,055.9 tCOâ‚‚e using the location-based method.
Since 2021, Monte dei Paschi di Siena's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 15.77%, reflecting a declining long-term trend in Scope 2 emissions over time.
Compared to the previous year (2022), Monte dei Paschi di Siena's Scope 2 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.
In 2023, Monte dei Paschi di Siena reported its Scope 2 emissions using the market-based method and using the location-based method.
In 2023, Monte dei Paschi di Siena reported 19,677,733.09 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 Monte dei Paschi di Siena 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.
In 2023, Monte dei Paschi di Siena reported total Scope 3 emissions of 19,677,733.09 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Approximately 0% of these emissions originated from upstream activities such as purchased goods and capital goods, while 100% came from downstream activities like product use, distribution, and end-of-life treatment.
Since 2021, Monte dei Paschi di Siena's Scope 3 emissions have increased by 820,968.73%, reflecting a rising long-term trend in Scope 3 emissions over time.
Compared to the previous year (2022), 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.
In 2023, Monte dei Paschi di Siena reported emissions for 1 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.
In 2023, the largest contributors to Monte dei Paschi di Siena's Scope 3 emissions were:
In 2023, Monte dei Paschi di Siena reported a total carbon footprint of 19,707,995.89 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 2.49% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.
The largest contributor to Monte dei Paschi di Siena's total carbon footprint was Scope 3 emissions, accounting for 99.85% of the company's total carbon footprint, followed by Scope 2 emissions at 0.13%.