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 54 is higher than 72% 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 participation in the Science Based Targets initiative (SBTi). Pictet has set near-term targets aligned with a 1.5°C pathway, aiming for substantial reductions in greenhouse gas emissions from its operations (Scopes 1 and 2) by 2025. As part of its climate commitments, Pictet's portfolio targets cover approximately 34% of its total investment and lending activities based on total managed assets as of 2021. This includes a focus on required activities, which constitute 34% of its total investment and lending, while optional activities account for 39%, and out-of-scope activities make up 27%. Notably, Pictet is a member of the BA1.5 initiative, demonstrating its dedication to achieving net-zero emissions. The bank's climate strategy reflects its commitment to sustainability and responsible investment, positioning it as a proactive player in the financial sector's transition towards a low-carbon economy.
Access structured emissions data, company-specific emission factors, and source documents
| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | 1,112,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000 |
| Scope 2 | 3,094,000 | 0,000,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 6,961,190 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
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 Pictet & Cie SA has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.