Banca Monte dei Paschi di Siena SpA

Common Name
Monte dei Paschi di Siena
Country
Italy
Sector
Financial Services
Industry
Banks - Regional
Employees
16,633
Ticker
BMPS
Exchange
EURONEXT MILAN
Website
www.mps.it
Description
Banca Monte dei Paschi di Siena S.p.A. is an established banking institution rooted in Italy, known as one of the world's oldest banks, founded in 1472. It is primarily involved in offering a broad sp...

Monte dei Paschi di Siena Waste Data Preview

In 2023, Monte dei Paschi di Siena conducted an environmental assessment and disclosed corporate waste management data in accordance with recognized sustainability reporting standards. The company provided a breakdown of its waste by type (hazardous vs non-hazardous) and treatment method (recovery vs disposal), enabling greater transparency into its waste handling and environmental practices.

Metric (tonnes)2023202220212020 - 2017
Total Waste Generated
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a
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a
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a
0000000
Total Waste Recovered
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0000000
Total Hazardous Waste Generated
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a
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a
0000000
Non-Hazardous Waste Disposed
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0000000
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Verified Sources Behind Monte dei Paschi di Siena’s Waste Management 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.

a. Monte dei Paschi di Siena's Consolidated Non-Financial Report 2023
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Insights into Monte dei Paschi di Siena’s Generation of Hazardous and Non-Hazardous Waste

In 2023, Monte dei Paschi di Siena generated a total of 348 metric tonnes of waste. a

Of this amount, 8.82% of Monte dei Paschi di Siena's total waste generated of was classified as hazardous waste, characterized by properties such as toxicity, flammability, corrosiveness, or reactivity that may pose risks to human health, ecosystems, or the environment. 91.18% was identified as non-hazardous waste, generally considered less harmful and subject to lighter regulatory controls. a

Monte dei Paschi di Siena’s Hazardous vs Non-Hazardous Waste Over Time

20212022202302505007501 ktonnes
  • Total Non-Hazardous Waste Generated
  • Total Hazardous Waste Generated

How Monte dei Paschi di Siena reduced the environmental impact of its waste?

Since 2021, Monte dei Paschi di Siena's total waste generation decreased by 64.36%, with an additional 61.95% decline in 2023, suggesting a consistent and deliberate effort to minimize waste generation at the source. a

Over the same period, the share of hazardous waste in Monte dei Paschi di Siena's total output increased by 219.32%, including a further 248.12% rise in 2023, suggesting a troubling upward shift toward more environmentally harmful waste streams that could raise compliance costs and environmental risks. a

Overall, Monte dei Paschi di Siena's waste and hazardousness trends are mixed or inconclusive. A more detailed review of its materials, industry standards, and operational changes would help clarify the net environmental impact of its waste strategy. a

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