Banco BPM

Diversified Banks

BAMI.MI

€ 5 1.2

Share price

$ 8.1 bn

Market Cap

$ 24 bn

Enterprise Value

Carbon footprint

GHG emissions per $ 1 mln investment

0.05x the weighted average for S&P 500

FY2022

Primary Climate Goal

Banco BPM aims to reduce Scope 1 + 2 by 27% by 2023 from a base year 2017

This target has not been verified as science based according to SBTi

GHG emissions and Carbon intensity

Banco BPM reported gross GHG emissions (Scope 1 + 2 before carbon offsets) for the twelve months ending 31 December 2022 at 41 Kt (-6.2 /-13.1% y-o-y). Also positively, carbon intensity plummeted to 12 t (-4.4 /-26.7% y-o-y).

Banco BPM's Scope 3 emissions decreased to 13 Kt (-0.51 /-3.8% y-o-y).

The company has not set a company-wide target for an absolute reduction in GHG emissions yet.

Date	Total CO2e emissions (location-based Scope 1 & 2) (Kt)	Scope 1	Scope 2	Scope 3	Carbon offsets	Revenue (USDm)	Carbon intensity (tons of CO2e) / (USDm)
2022Q4	41	11	30	13	(8)
2021Q4	47	12	35	13	(0.8)	3,913	12
2020Q4	50	12	38		0	3,025	17
2019Q4	57	12	44			3,773	15
2018Q4	63	14	49

Banco BPM

Carbon footprint

Primary Climate Goal

Banco BPM aims to reduce Scope 1 + 2 by 27% by 2023 from a base year 2017

GHG emissions and Carbon intensity

Banco BPM's carbon footprint

Company environmental metrics