Banque Cantonale Vaudoise
Banque Cantonale Vaudoise (BCV), headquartered in Lausanne, Switzerland, is a prominent player in the Swiss banking sector. Established in 1845, BCV has evolved into a leading financial institution, primarily serving the Vaud region and surrounding areas. The bank offers a comprehensive range of services, including retail banking, corporate finance, and wealth management, distinguished by its commitment to personalised customer service and local expertise. With a strong market position, BCV has consistently been recognised for its financial stability and innovative solutions. The bank's core products, such as tailored investment strategies and sustainable financing options, reflect its dedication to meeting the diverse needs of its clientele. As a key contributor to the regional economy, Banque Cantonale Vaudoise continues to uphold its legacy of trust and reliability in the banking industry.
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 54 is higher than 98% 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 4,710,000 kg CO2e. This figure includes 1,157,000 kg CO2e from Scope 1 emissions, which primarily arise from direct operations, and 139,000 kg CO2e from Scope 2 emissions, related to purchased electricity and heat. The bank's Scope 3 emissions, which encompass indirect emissions from activities such as employee commuting and business travel, accounted for about 3,413,000 kg CO2e. Over the years, BCV has demonstrated a commitment to reducing its carbon footprint. In 2022, total emissions were approximately 4,583,000 kg CO2e, indicating a slight decrease in emissions in 2023. The bank has not disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other formal climate pledges, suggesting a need for further clarity on its long-term climate strategy. BCV's emissions intensity metrics, such as emissions per employee, have been consistently reported, with a focus on improving operational efficiency. The bank's ongoing efforts to monitor and report its emissions reflect a growing awareness of the importance of sustainability in the financial sector.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 1,716,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 283,000 | 000,000 | 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 | 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 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.
