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 Scope 2 emissions, and 2,596,000 kg CO2e from Scope 3 emissions. The bank's emissions have shown a significant increase from 2022, where total emissions were about 2,832,000 kg CO2e, comprising 485,000 kg CO2e (Scope 1), 800,000 kg CO2e (Scope 2), and 1,547,000 kg CO2e (Scope 3). The bank has committed to near-term climate targets, although it has not set a net-zero target as of now. Their commitment status is classified as "Committed," with a focus on compliance with the FINZ extension policy. The bank is actively working towards establishing specific reduction targets, with a deadline for submission set for July 31, 2023. Overall, Bank J Safra Sarasin is taking steps to address its carbon footprint, particularly in the financial sector, where emissions management is crucial for sustainability.
Access structured emissions data, company-specific emission factors, and source documents
2021 | 2022 | 2023 | |
---|---|---|---|
Scope 1 | 275,000 | 000,000 | 000,000 |
Scope 2 | 1,474,000 | 000,000 | 000,000 |
Scope 3 | 286,000 | 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.