Direct emissions
435
tCO2e
B
Banca March
Explore carbon emissions data for Banca March. Mycelium helps you review reported emissions, disclosure status, Scope 1, Scope 2 and Scope 3 data, climate targets and sustainability information in one company profile.
This profile brings together available carbon emissions data for Banca March, including reported figures, modelled estimates, disclosure documents and sustainability indicators, so you can review its emissions and compare its performance against similar companies. Read how we source and check this data.
Emissions
Carbon emissions
Total yearly emissions across all scopes
16,048 tCO2e (Market Based)
Scope 1
tCO2e
435
Scope 2 (Market Based)
tCO2e
163
Scope 3 total
tCO2e
15,450
Scope 3 reported
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
- 11
- 12
- 13
- 14
- 15
Provenance
Emissions
Factors
32,198
kgCO2e / £M
Supplier specific emission factors (kgCO2e / £M)
Modelled
Reported
Scope 1 + 2
Direct + purchased energy
1,200
1,200
Upstream
+ upstream Scope 3
32,198
32,198
Total
+ all Scope 3
32,198
32,198
Which figure should I use?
Use Modelled. It is the most complete view: any categories the company hasn't disclosed are filled with industry-typical estimates, so a transparent company isn't unfairly penalised against one that simply hasn't reported.
Reported counts only emissions the company has filed itself. A blank or low Reported cell doesn't mean those emissions don't exist, just that the company hasn't disclosed them.
When Reported sits close to Modelled, that is a positive signal. The company has disclosed most of its salient emissions and there's little gap for the model to fill. Even then, Modelled is the right figure to use for a like-for-like comparison across companies.
Sustainability
Snapshot
Based on reported data, retrieved with AI
- Banca March reported 16,048 tCO₂e in 2024.
- Scope 3 accounted for 96% of emissions.
- Reported across 6 of 15 GHG Protocol Scope 3 categories.
- Scope 2 reported under the market based methodology.
According to available emissions disclosures, Banca March reported total yearly emissions of 16,048 tCO₂e in 2024. Scope 3 emissions accounted for 96% of reported output, indicating supply chain activity, purchased goods and services, business travel, and wider operational dependencies were the most significant contributors to the company's carbon footprint.
The company achieved a Mycelium Score of –, pending a benchmark for its sector for sustainability performance.
Total Emissions across all scopes
16,048 tCO2e (Market Based)
Scope 1 emissions
Direct emissions from sources the company owns or controls, such as fuel use, facilities and vehicles.
Scope 2 emissions
Indirect emissions from purchased energy, including electricity, heating and cooling.
Location based
1,758
tCO2eMarket based
163
tCO2eScope 3 emissions
Wider value chain emissions across the 15 GHG Protocol categories, from purchased goods and business travel to investments, where reported.
Cat 1
Purchased goods & services
6,492
tCO2eCat 2
Capital goods
5,816
tCO2eCat 3
Fuel & energy related activities
–
tCO2eCat 4
Upstream transportation & distribution
50
tCO2eCat 5
Waste generated in operations
–
tCO2eCat 6
Business travel
1,075
tCO2eCat 7
Employee commuting
2,000
tCO2eCat 8
Upstream leased assets
17
tCO2eCat 9
Downstream transportation & distribution
–
tCO2eCat 10
Processing of sold products
–
tCO2eCat 11
Use of sold products
–
tCO2eCat 12
End-of-life treatment of sold products
–
tCO2eCat 13
Downstream leased assets
–
tCO2eCat 14
Franchises
–
tCO2eCat 15
Investments
–
tCO2eContact Info
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How scoring works
How the Mycelium Score is calculated
The Mycelium Score is out of 10. Up to 6.5 points reflect carbon intensity vs sector peers (emissions normalised against revenue). The remaining 3.5 reflect data quality: third-party verified, profile claimed by the company, and full disclosure across all reporting categories.
A higher score means lower carbon intensity than sector peers, backed by data that's third-party verified, claimed by the company, and fully disclosed. Banca March's score sits at the top of this page and in the score panel.
How the Transparency Score is calculated
The Transparency Score measures how much of a company's key emissions data is publicly disclosed, graded from A (very high) down to F (very low). Crucially, it weights each gap by how material that bucket is for the company's industry, so an undisclosed category where the bulk of emissions sit hurts far more than a minor one.
Banca March has disclosed the emissions categories that are material for its industry, so there's no single bucket dragging the transparency score down. The breakdown above shows full coverage across the categories that matter most for this kind of company.
Read the full scoring methodology
Our white paper covers exactly how the Mycelium Score and Transparency Score are calculated, including the normalisation process and what earns a 10/10.
Download the white paper (PDF)
Banca March carbon emissions FAQs
What are Banca March's carbon emissions?
In its 2024 reporting year, Banca March disclosed total emissions of 16,048 tCO2e across all scopes. Scope 3 accounted for the largest share, around 96% of the total.
Does Banca March report Scope 1, Scope 2 and Scope 3 emissions?
For 2024, Banca March's available disclosure covers Scope 1 (435 tCO2e), Scope 2 (163 tCO2e), Scope 3 across 6 of the 15 GHG Protocol categories. Figures not reported by the company are shown as modelled estimates and labelled as such.
Learn more about our methodology and where this data comes from.
