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Public Profile
Business Services
CH
updated 7 days ago

Banque Cantonale De Geneve Sustainability Profile

Company website

Banque Cantonale de Genève (BCGE) is a prominent financial institution headquartered in Geneva, Switzerland (CH). Established in 1816, BCGE has a rich history of serving the local community and has evolved into a key player in the banking industry, primarily focusing on retail banking, corporate finance, and wealth management. With a strong presence in the Geneva region and beyond, BCGE offers a range of core products and services, including personal loans, mortgages, and investment solutions, distinguished by their commitment to customer service and local expertise. The bank has achieved notable milestones, reinforcing its market position as a trusted partner for individuals and businesses alike. Through its innovative approach and dedication to sustainable finance, BCGE continues to shape the financial landscape in Switzerland.

DitchCarbon Score

How does Banque Cantonale De Geneve'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.

43

Industry Average

Mean score of companies in the Business 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.

29

Industry Benchmark

Banque Cantonale De Geneve's score of 43 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.

66%

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Banque Cantonale De Geneve's reported carbon emissions

In 2023, Banque Cantonale De Genève reported total carbon emissions of approximately 2,000,000 kg CO2e, comprising 282,000 kg CO2e from Scope 1, 12,000 kg CO2e from Scope 2, and about 1,968,000 kg CO2e from Scope 3 emissions. This represents a significant increase from 2022, where total emissions were around 166,000 kg CO2e, with Scope 1 emissions at 324,000 kg CO2e, Scope 2 at 46,000 kg CO2e, and Scope 3 at approximately 1,680,000 kg CO2e. In 2021, the bank's total emissions peaked at about 2,208,500 kg CO2e, with Scope 1 emissions of 294,000 kg CO2e, Scope 2 at 627,000 kg CO2e, and Scope 3 emissions of 1,117,000 kg CO2e. The data indicates a fluctuating trend in emissions over the years, with a notable increase in 2023. Currently, Banque Cantonale De Genève has not set specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or commitments to frameworks such as the Science Based Targets initiative (SBTi). The bank's emissions data is not cascaded from a parent organization, ensuring that the reported figures are solely reflective of its own operations. Overall, while the bank has made strides in transparency regarding its emissions, the lack of defined reduction strategies highlights an area for potential improvement in its climate commitments.

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202120222023
Scope 1
294,000
000,000
000,000
Scope 2
627,000
00,000
00,000
Scope 3
812,800
0,000,000
0,000,000

How Carbon Intensive is Banque Cantonale De Geneve's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Banque Cantonale De Geneve's primary industry is Business Services, which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Banque Cantonale De Geneve's Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Banque Cantonale De Geneve is in CH, which has a very low grid carbon intensity relative to other regions.

Banque Cantonale De Geneve's Climate Goals (2030 & 2050)

Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.

Banque Cantonale De Geneve has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare Banque Cantonale De Geneve's Emissions with Industry Peers

Valiant Holding

CH
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 26 days ago

Hypothekarbank Lenzburg AG

CH
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 19 days ago

Swissquote

CH
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 21 days ago

Vz Holding

CH
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 13 days ago

Berner Kantonalbank

CH
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 7 days ago

Vontobel

CH
•
Financial intermediation services, except insurance and pension funding services (65)
Updated about 12 hours ago

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