- Short-term slowdown in the adoption of measures to reduce the use of fossil fuels due to the energy crisis.
Gruppo Banco BPM
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Gruppo Banco BPM disclosed greenhouse gas emissions of 17.5K tCO2e (Scope 1 & 2 in 2019, target reduction). By scope: Scope 3: 16.6K tCO2e (commuting emissions in 2019, target reduction). Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
17.5K tCO2e (Scope 1 & 2 in 2019, target reduction)
2023
Renewable Energy
100% (electricity from certified renewable sources in 2022)
of total energy
Energy Use
732K GJ (2019, target reduction)
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 16.6K tCO2e (commuting emissions in 2019, target reduction) |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 17.5K tCO2e (Scope 1 & 2 in 2019, target reduction) |
| 2021 | 16.1K tCO2e/year (net of offsets) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- 100% of electricity consumed in 2022 was generated from certified renewable sources, avoiding the emission of around 25,800 tons of CO2 equivalent.
- Reduction of total direct and indirect energy consumption by 20% (target of -30% by 2030).
🎯 Climate & Sustainability Targets
🔜 Short-term
- Share of new loans in Green and low-transition-risk sectors > 65% by 2024
- Green residential mortgages (cumulated new disbursements) €4 billion by 2024
- Purchases of property tax credits (cumulative flow) €3 billion by 2024
📅 Medium-term
- Reduce total direct and indirect energy consumption by 30% by 2030
🔭 Long-term
- Carbon neutrality (Scope 1 + Scope 2)
🌱 ESG Focus Areas
Climate ChangeSocial InclusionGovernance