Banque Pictet & Cie SA, commonly referred to as Pictet, is a prestigious Swiss private bank headquartered in Geneva, Switzerland (CH). Founded in 1805, Pictet has established itself as a leader in wealth and asset management, serving a diverse clientele that includes high-net-worth individuals, institutions, and family offices across Europe, Asia, and the Americas. The bank's core services encompass private banking, asset management, and wealth planning, distinguished by a commitment to client-centric solutions and a long-term investment philosophy. Pictet's reputation for excellence is underscored by its strong market position, consistently ranking among the top private banks in Europe. With a rich history and a focus on sustainable investing, Banque Pictet continues to innovate while upholding its tradition of trust and discretion in the financial industry.
How does Banque Pictet & Cie SA'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 Services Auxiliary to 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.
Banque Pictet & Cie SA's score of 26 is lower than 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Banque Pictet & Cie SA, headquartered in Switzerland, has not publicly disclosed specific carbon emissions data for the most recent year. However, the bank is committed to significant climate action through its reduction initiatives. Pictet has set near-term targets aligned with a 1.5°C pathway, aiming to cover greenhouse gas emissions from its operations (Scopes 1 and 2) in line with the necessary reductions to limit global warming. As of 2021, Pictet's portfolio targets encompass approximately 34% of its total investment and lending activities based on total managed assets. This includes a commitment to net-zero emissions, with a deadline set for 24 months following the launch of the Financial Institutions Net-Zero Standard. The bank is a member of the BA1.5 initiative, demonstrating its dedication to climate responsibility within the financial sector. Overall, while specific emissions figures are not available, Banque Pictet & Cie SA is actively working towards substantial climate commitments and targets that reflect its role as a responsible financial institution.
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 Pictet & Cie SA 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.