Banque Cantonale Vaudoise
Banque Cantonale Vaudoise (BCV), a prominent player in the Swiss banking sector, is headquartered in Lausanne, Vaud. Established in 1845, BCV has evolved into a leading financial institution, primarily serving the cantonal region of Vaud and surrounding areas. The bank operates within the retail banking, corporate banking, and wealth management sectors, offering a diverse range of services tailored to meet the needs of individuals, businesses, and institutions. BCV is renowned for its commitment to customer service and innovative financial solutions, including personalised banking services and sustainable investment options. With a strong market position, the bank has achieved notable milestones, such as maintaining a robust capital base and receiving high ratings for its financial stability. As a trusted partner in the community, Banque Cantonale Vaudoise continues to play a vital role in the economic development of the region.
DitchCarbon Score
How does Banque Cantonale Vaudoise'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
Banque Cantonale Vaudoise's score of 55 is higher than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Banque Cantonale Vaudoise's reported carbon emissions
In 2023, Banque Cantonale Vaudoise (BCV) reported total carbon emissions of approximately 4.71 million tonnes CO2e. This figure includes 1.16 million tonnes from Scope 1 emissions, which encompass direct emissions from owned or controlled sources, and 0.14 million tonnes from Scope 2 emissions, related to purchased electricity and heat. The majority of emissions, about 3.41 million tonnes, fall under Scope 3, which includes indirect emissions from activities such as employee commuting and business travel. BCV has demonstrated a commitment to reducing its carbon footprint over the years. From 2019 to 2023, the bank achieved a significant reduction in total emissions, decreasing from approximately 6.44 million tonnes CO2e in 2019 to 4.71 million tonnes CO2e in 2023. This represents a reduction of about 27% over the five-year period. The bank's emissions per employee have also improved, with a reported intensity of approximately 2,700 kg CO2e per employee in 2023, down from 3,800 kg CO2e in previous years. BCV's ongoing efforts reflect its commitment to sustainability and climate action, although specific reduction targets have not been detailed in the available data. Overall, BCV's initiatives align with industry standards for climate responsibility, showcasing a proactive approach to managing and reducing carbon emissions.
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Add to project2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 1,716,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 284,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 3 | 4,441,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
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.
Banque Cantonale Vaudoise 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.
