Banque Pictet & Cie SA
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
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's reported carbon emissions
Banque Pictet & Cie SA, headquartered in Switzerland, has made significant commitments towards reducing its carbon emissions, although specific emissions data for the most recent year is currently unavailable. The bank has set near-term targets aligned with the Science Based Targets initiative (SBTi), aiming for a 1.5°C pathway by 2025. Pictet's climate strategy includes a commitment to net-zero emissions, with a focus on its investment and lending portfolio, which covers approximately 34% of its total managed assets as of 2021. This includes mandatory activities that are essential for achieving their climate goals. The bank's targets are designed to ensure that greenhouse gas emissions from its operations (Scopes 1 and 2) are consistent with the reductions necessary to limit global warming to 1.5°C. As a member of the BA1.5 initiative since October 2021, Pictet is actively working towards integrating sustainability into its financial practices, demonstrating its commitment to addressing climate change within the banking sector.
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 Pictet & Cie SA 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.
