- Managing climate-related risks (physical and transition risks).
- Supply chain disruptions (not explicitly stated, but implied by the focus on supply chain management).
Banca Ifis S.p.A.
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Banca Ifis S.p.A. disclosed greenhouse gas emissions of 1.9K tCO2e (Scope 1) + 749 tCO2e (Scope 2 location based) + 404 tCO2e (Scope 3 business travel). By scope: Scope 1: 1.9K tCO2e; Scope 2: 749 tCO2e; Scope 3: 404 tCO2e. 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
1.9K tCO2e (Scope 1) + 749 tCO2e (Scope 2 location based) + 404 tCO2e (Scope 3 business travel)
2023
Renewable Energy
100%
of total energy
Water Usage
6.5K m3
2023
Waste
126.4K kg
2023
Energy Use
2.9M kWh
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 1.9K tCO2e |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 749 tCO2e |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 404 tCO2e |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Achieved 100% renewable energy use in all offices, resulting in an estimated reduction of 813 tonnes of CO2 emissions.
- Launched leasing products for electric vehicles, photovoltaic systems, and charging stations to support SME energy transition.
- Offset emissions from the Npl Meeting through Gold Standard certified credits supporting a reforestation project in Brazil.
- Created a nectariferous forest (Banca Ifis Oasis) near Cernobbio to support biodiversity.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Replace 50% of the corporate car fleet with hybrid/electric vehicles by 2025.
📅 Medium-term
- Achieve NZBA emission reduction targets by 2030 (specific targets provided in the report).
🔭 Long-term
- Net-zero emissions by 2050 (aligned with NZBA commitment).
🌱 ESG Focus Areas
Climate ChangeDiversity, Equity, and InclusionCommunity InvestmentEmployee Well-beingCorporate GovernanceEthical Collection Practices