Credit Suisse
Credit Suisse Group AG, commonly known as Credit Suisse, is a leading global financial services company headquartered in Switzerland (CH). Founded in 1856, the firm has established a strong presence in key operational regions, including Europe, the Americas, and Asia-Pacific. Operating within the banking and financial services industry, Credit Suisse offers a diverse range of services, including investment banking, private banking, and asset management. Its unique approach combines innovative financial solutions with a commitment to client service, positioning the firm as a trusted partner for individuals and institutions alike. With a rich history marked by significant milestones, Credit Suisse has earned a reputation for excellence and stability, making it a prominent player in the global financial landscape. The company continues to adapt to market changes, ensuring it remains at the forefront of the industry.
DitchCarbon Score
How does Credit Suisse'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
Credit Suisse's score of 44 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Credit Suisse's reported carbon emissions
As of 2022, Credit Suisse reported total carbon emissions of approximately 63,193,000 kg CO2e globally. This figure includes emissions across all scopes, with specific contributions from Scope 1 (direct emissions) at about 11,880,000 kg CO2e, Scope 2 (indirect emissions from energy) at approximately 8,091,000 kg CO2e, and Scope 3 (other indirect emissions) at around 43,221,000 kg CO2e. In 2021, the bank's total emissions were about 46,985,000 kg CO2e, showing a significant reduction from previous years, including 56,315,000 kg CO2e in 2020 and 125,872,000 kg CO2e in 2019. This trend indicates a commitment to lowering their carbon footprint. Credit Suisse has set long-term net-zero targets, committing to achieve net-zero emissions by 2050 across all scopes. This commitment aligns with the Science Based Targets initiative (SBTi), which the bank joined in 2021. The bank's near-term targets are currently classified as "Committed," with a deadline to submit specific reduction targets by February 2023. Overall, Credit Suisse's climate commitments reflect a proactive approach to sustainability, aiming to significantly reduce their carbon emissions in the coming decades while contributing to global climate goals.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Scope 1 | 13,235,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 18,928,000 | 00,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 93,709,000 | 00,000,000 | 00,000,000 | 00,000,000 |
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.
Credit Suisse is committed to some reduction initiatives 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.
