Bank J. Safra Sarasin, headquartered in Switzerland (CH), is a prominent player in the private banking and wealth management industry. Founded in 1841, the bank has established a strong presence in key operational regions, including Europe, Asia, and the Middle East. Specialising in sustainable investment solutions, Bank J. Safra Sarasin offers a unique blend of traditional banking services and innovative financial products tailored to high-net-worth individuals and institutional clients. The bank is renowned for its commitment to responsible banking practices and has achieved notable recognition for its expertise in sustainable finance. With a rich history and a focus on client-centric services, Bank J. Safra Sarasin continues to solidify its market position as a trusted partner in wealth management, consistently delivering value through its bespoke financial strategies.
How does Bank J Safra Sarasin'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 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.
Bank J Safra Sarasin's score of 39 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Bank J Safra Sarasin reported total carbon emissions of approximately 4,010,000 kg CO2e. This figure includes 477,000 kg CO2e from Scope 1 emissions, 937,000 kg CO2e from market-based Scope 2 emissions, and 2,596,000 kg CO2e from Scope 3 emissions. In 2022, the bank's total emissions were about 2,832,000 kg CO2e, with Scope 1 emissions at 485,000 kg CO2e, Scope 2 emissions at 3,654,000 kg CO2e (location-based), and Scope 3 emissions at 1,547,000 kg CO2e. The 2021 data showed total emissions of approximately 2,035,000 kg CO2e, comprising 275,000 kg CO2e from Scope 1, 1,474,000 kg CO2e from Scope 2, and 286,000 kg CO2e from Scope 3. The bank has committed to near-term climate targets, although it has not yet established a net-zero commitment. The targets are part of its compliance with the Commitment Compliance Policy, with a deadline for submission set for July 31, 2023. Overall, Bank J Safra Sarasin is actively working towards reducing its carbon footprint, aligning with industry standards for climate action while continuing to monitor and report its emissions across all relevant scopes.
Access structured emissions data, company-specific emission factors, and source documents
2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Scope 1 | 249,000 | 000,000 | 000,000 | 000,000 |
Scope 2 | 1,946,000 | 0,000,000 | 000,000 | 000,000 |
Scope 3 | - | 000,000 | 0,000,000 | 0,000,000 |
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 J Safra Sarasin is participating in some 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.