Banca Mediolanum
Banca Mediolanum, headquartered in Italy, is a prominent player in the banking and financial services industry, offering a diverse range of products tailored to meet the needs of its clients. Founded in 1982, the bank has established itself as a leader in personal banking, investment services, and insurance solutions, with a strong presence across major operational regions in Italy and beyond. The bank is renowned for its innovative approach to wealth management and customer service, providing unique offerings such as personalised financial planning and a comprehensive digital banking platform. Banca Mediolanum's commitment to customer-centric solutions has earned it a notable position in the market, recognised for its excellence in service and client satisfaction. With a focus on sustainable growth and technological advancement, Banca Mediolanum continues to shape the future of banking in Italy and the wider European market.
DitchCarbon Score
How does Banca Mediolanum's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Banca Mediolanum's score of 49 is higher than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Banca Mediolanum's reported carbon emissions
In 2023, Banca Mediolanum reported total carbon emissions of approximately 4,004,100,000 kg CO2e across all scopes. This includes 2,265,820 kg CO2e from Scope 1 emissions, primarily from stationary combustion (1,836,150 kg CO2e) and mobile combustion (418,340 kg CO2e). Scope 2 emissions totalled 13,560 kg CO2e, while Scope 3 emissions accounted for a significant 4,004,100,000 kg CO2e, with major contributions from employee commuting (2,221,400 kg CO2e) and business travel (737,870 kg CO2e). In 2022, the bank's emissions were similarly substantial, with Scope 1 emissions at 2,628,410 kg CO2e and Scope 2 emissions at 204,880 kg CO2e. The Scope 3 emissions for that year reached approximately 4,138,540,000 kg CO2e, indicating a consistent trend in high indirect emissions. Banca Mediolanum has not disclosed specific reduction targets or initiatives as part of its climate commitments. The absence of documented reduction targets suggests a need for further clarity on their long-term sustainability strategies. The bank's emissions data highlights the importance of addressing both direct and indirect emissions to align with industry standards for climate action.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 4,030,360 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 2,681,620 | 0,000,000 | 0,000,000 | 000,000 | 00,000 |
| Scope 3 | - | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Banca Mediolanum is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
