The Bank for International Settlements (BIS), often referred to as the "bank for central banks," is headquartered in Basel, Switzerland (CH). Established in 1930, the BIS plays a pivotal role in the global financial system, serving as a forum for central banks and a hub for international monetary and financial cooperation. With a focus on fostering monetary and financial stability, the BIS offers a range of services, including banking services for central banks, economic research, and policy analysis. Its unique position allows it to facilitate dialogue among central banks and provide insights into global economic trends. Recognised for its influential role, the BIS has achieved notable milestones, including the establishment of the Basel Committee on Banking Supervision. As a leader in the financial industry, the BIS continues to shape policies that enhance global financial stability.
How does Bank For International Settlements'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.
Mean score of companies in the Other Services 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.
Bank For International Settlements's score of 21 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
As of the latest available data from 2019, the Bank for International Settlements (BIS) reported total carbon emissions of approximately 17,182,000 kg CO2e across all scopes. This includes about 1,718,000 kg CO2e from Scope 1 emissions, approximately 14,643,000 kg CO2e from Scope 2 emissions, and around 55,282,000 kg CO2e from Scope 3 emissions. The BIS has not disclosed any specific reduction targets or initiatives aimed at decreasing its carbon footprint. The absence of documented reduction strategies suggests that the organisation may be in the early stages of developing a comprehensive climate commitment framework. Overall, the BIS's emissions profile highlights the significant impact of Scope 3 emissions, which typically encompass indirect emissions from the value chain, indicating a potential area for future focus in their climate strategy.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2017 | 2018 | 2019 | |
---|---|---|---|
Scope 1 | 1,693,000 | 0,000,000 | 0,000,000 |
Scope 2 | 15,382,000 | 00,000,000 | 00,000,000 |
Scope 3 | 60,726,000 | 00,000,000 | 00,000,000 |
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.
Bank For International Settlements is not committed to any 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.