Environment

    The Mediobanca Group is very aware of the need to protect the environment as the primary resource for the well-being of humanity.

    Particular attention is devoted to the issue of the environmental impact deriving from the Bank’s activities, in a variety of ways: monitoring consumption, implementing energy efficiency improvements, and maintenance work on the properties themselves and the equipment used in them.

     

    MB Green

    mbgreen

    Promoted by Human Resources, the MB Green project is intended to promote the responsible use of resources. As part of the project, participants are asked to identify a project of general interest to help raise awareness of issues such as the consumption of water, electricity and paper. The project has highlighted the need to adopt energy saving and environmentally-friendly measures on the Bank’s premises.

    Action taken so far has included:

    • introduction of containers in all buildings to enable plastic, aluminium, paper and general waste to be recycled separately, in conjunction with a programme to raise awareness and encourage staff to recycle waste responsibly;
    • a campaign to raise awareness for responsible use of electricity and paper;
    • introduction of water supplies to reduce consumption and recycling of plastic water bottles.

     

    NEW MIS - MEDIOBANCA INNOVATION SERVICES BUILDING

    DSC 0497

    The building which is now home to MIS - Mediobanca Innovations Services has been designed using the most environmentally-friendly technologies available.

    Efforts have been made in particular in the area of heating and cooling systems, using equipment with the highest levels in terms of ESEER (European Seasonal Energy Efficiency Ratio), and insulation of the buildings surface areas, which have enabled significant reductions in gas emissions and the greenhouse effect on the atmosphere to be achieved.

     

     

    COMPASS banca WORKING WITH RETE CLIMA FOR URBAN REFORESTATION

    compass
    Compass Banca, the Mediobanca Group’s consumer credit arm, took part in the urban reforestation initiative promoted by Rete Clima® to offset its impact on the environment from the publication of the four annual instalments of its company magazine “Incontro”.
     

    This local sustainability project involves Compass Banca working alongside Rete Clima® for the second year running as its principal supporter in a project to plant 400 trees in accordance with Kyoto protocol guidelines.
    The offset process structured by Rete Clima® via carbon sink forests, i.e. natural systems such as plants which are able to capture and hold CO2 larger quantities than those which they issue. This makes it possible to offset the CO2 emissions produced by human activities, which increase the natural greenhouse effect leading to global warming, with numerous adverse consequences for the environment.
    The forests planted through this project will be certified by RINA, one of the largest Italian certification entities which is also accredited with the United Nations’ Framework Conference on climate change.
    certification rete clima compass banca certification rete clima chebanca!

    SOLAR IMPULSE PROJECT

    SOLAR
     
    In partnership with Prince Albert II of Monaco Foundation, Compagnie Monégasque de Banque the Mediobanca group’s International private banking subsidiary, is proud to support the ''Solar Impulse'' project : the mission is to fly an airplane, exclusively powered by solar energy, around the globe. With the strategic control center being based in Monaco, CMB is pleased to be a partner with the Foundation in this project, which is a public demonstration of the Bank’s core values of innovation and competence, in the field of green technologies. The project is the result of the union of the enthusiasm and expertise of scientists and explorers. It requires absolute rigor to succeed.

    See: www.cmb.mc/en/news/cmb-supports-the-solar-impulse-project-46

    ENVIRONMENTAL ACCOUNTABILITY

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    The results of the CDP Italy Climate Change Report 2014, the annual report analysing the policies for managing the impact of climate change implemented by the largest Italian listed companies, were presented to the Milan stock market.

    In taking part in the Carbon disclosure project, companies undertaking to publish their greenhouse gas emissions, and to disclose the strategies adopted by them to tackle the problems raised by climate change.

    CDP ITALY CLIMATE CHANGE REPORT 2015

    CDP ITALY CLIMATE CHANGE REPORT 2014

     

    ENVIRONMENTAL PERFORMANCE INDICATORS

    The environmental dimension of sustainability refers to the impact which an organization has on the natural living and non-living systems which surround it, including the ecosystem generally, land air and water.
    Direct Greenhouse Gas Emissions (Scope 1) Unit 2013 2014
    Total direct GHG emissions (methane + gas oil) metric tonnes of CO2 equivalent 733 384
    Indirect Greenhouse Gas Emissions (Scope 2) Unit 2013 2014
    Indirect GHG emissions from energy purchased and consumed  metric tonnes of CO2 equivalent 677 0 (*)

    (*) 100% purchased electricity is from GO-certified renewable sources, and has been accounted with an emission factor equal to zero

    Total Business Travel (Indirect Greenhouse Gas Emissions - Scope 3) Unit 2013 2014
    Total business travel (air and rail trips) kilometers 7,977,953 8,049,307
      metric tonnes of CO2 equivalent 1,281 1,237
    Energy Consumption Unit 2013 2014
    Total energy consumption (electricity + fuels) MWh 10,970 10,355
    Water Unit 2013 2014
    Total water use cubic meters 468 469
    Special Waste Generation Unit 2013 2014
    Total special waste generated (toners and neon lights) metric tonnes 0.555 0.896

     

    The reported figures include Mediobanca SpA consumption data (owned buildings, data coverage: 70% FTE).

    Last update: 16/03/2016