Raiffeisen Gruppe
Raiffeisen Gruppe, commonly referred to as Raiffeisen, is a prominent Swiss cooperative banking group headquartered in Switzerland (CH). Established in 1899, Raiffeisen has grown to become a key player in the financial services industry, primarily serving the needs of local communities across Switzerland. The group operates a network of over 800 cooperative banks, focusing on retail banking, mortgage lending, and investment services. Raiffeisen is distinguished by its commitment to cooperative principles, ensuring that profits are reinvested into local communities. With a strong market position, Raiffeisen Gruppe has achieved notable milestones, including recognition for its customer-centric approach and sustainable banking practices. Its unique blend of local expertise and comprehensive financial solutions makes it a trusted partner for individuals and businesses alike.
DitchCarbon Score
How does Raiffeisen Gruppe'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
Raiffeisen Gruppe's score of 25 is lower than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Raiffeisen Gruppe's reported carbon emissions
In 2023, Raiffeisen Gruppe reported no specific carbon emissions data, with no disclosed figures for Scope 1, 2, or 3 emissions. The previous available data from 2021 also did not provide specific emissions numbers. The organisation's revenue for 2023 was approximately USD 4.83 billion, but this figure does not correlate with any disclosed emissions data. Raiffeisen Gruppe has not set any reduction targets or commitments under the Science Based Targets initiative (SBTi) or other climate pledges. The absence of specific emissions data and reduction initiatives suggests that the organisation may still be in the early stages of formalising its climate strategy. Overall, while Raiffeisen Gruppe operates within the financial sector, which typically has lower direct emissions compared to other industries, the lack of transparency in emissions reporting and climate commitments indicates a need for further development in their sustainability practices.
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.
Raiffeisen Gruppe 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.
