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 43 is higher than 94% 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 Scope 1 emissions of about 1,157,000 kg CO2e, primarily from stationary combustion, and Scope 2 emissions of around 139,000 kg CO2e, which are attributed to purchased heat and electricity. The bank's Scope 3 emissions totalled approximately 3,413,000 kg CO2e, with significant contributions from employee commuting and business travel. Over the years, BCV has demonstrated a commitment to reducing its carbon footprint. In 2022, total emissions were about 4,583,000 kg CO2e, indicating a slight decrease in emissions compared to 2023. The bank has consistently reported emissions data across all three scopes, showcasing transparency in its environmental impact. Despite the absence of specific reduction targets or initiatives outlined in their recent reports, BCV's ongoing efforts to monitor and disclose emissions reflect a commitment to sustainability and climate responsibility. The bank's emissions intensity per employee has also shown a downward trend, with figures reported at approximately 2,700 kg CO2e per employee in 2023. Overall, BCV's emissions data and commitment to transparency highlight its role in addressing climate change within the financial sector in Switzerland.
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| 2019 | 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 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.
