Bankitalia: -11% total greenhouse gas emissions in 2023

Bank of Italy Eurocoin index slightly down in May

(Finance) – In the 2023 the total greenhouse gas emissions from the Bank of Italy have decreased by 11 percent compared to the previous year (about 29 percent less than in 2019, the last pre-pandemic year). The The Bank’s main sources of greenhouse gas emissions are:energy and building management (40 percent); mobility (commuting and business trips, 35 percent).

This is what emerges from the environmental report by Bank of Italy first published in 2010 and updated annually, which reports on the impact of its environmental activities, as well as the actions implemented and planned to reduce it.

There Bank of Italy – it is written – which already purchases only electricity produced from renewable sources, is progressively increasing the share of energy self-produced from photovoltaic systems: in addition to the three photovoltaic systems already installed (banknote production plant, Catania, Catanzaro), work is nearing completion for the installation of two other systems at the Sassari Branch and on the parking roofs of the Donato Menichella Center in Frascati, which will allow the overall production of over 550,000 kilowatt hours per year (about 0.8 percent of the Bank’s electricity consumption). Additional systems are also planned at the branches in Milan, Reggio Calabria, Forlì and the expansion of the one in Catanzaro.

In detail: the results of the research project conducted by the Bank of Italy together with ENEA (National Agency for New Technologies, Energy and Sustainable Economic Development) to study the environmental impacts of smart working have highlighted that a day of remote work by a Bank employee has an impact in terms of average per capita emissions equal to about a quarter of the corresponding environmental cost of commuting to work to carry out a day of work in person. Specifically,
in 2023, average daily per capita emissions for employees’ commuting were on average 4.1 kilograms of carbon dioxide equivalent, while daily emissions associated with a day of remote working are estimated at around 1.1 kilograms of carbon dioxide equivalent.

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