Cembra Money Bank
Cembra Money Bank AG, commonly referred to as Cembra, is a leading financial services provider headquartered in Switzerland (CH). Established in 2003, the bank has carved a niche in the consumer finance sector, offering a diverse range of products including personal loans, credit cards, and vehicle financing. With a strong presence across Switzerland, Cembra is renowned for its customer-centric approach and innovative financial solutions. The bank's commitment to transparency and responsible lending has positioned it as a trusted partner for individuals and businesses alike. Notable achievements include a robust market share in the Swiss consumer credit landscape, underscoring its reputation for reliability and excellence. Cembra Money Bank continues to evolve, adapting to the changing needs of its clients while maintaining a focus on sustainable growth and financial inclusion.
DitchCarbon Score
How does Cembra Money Bank'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
Cembra Money Bank's score of 43 is higher than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Cembra Money Bank's reported carbon emissions
In 2023, Cembra Money Bank reported total carbon emissions of approximately 31,832,000 kg CO2e. This figure includes 278,000 kg CO2e from Scope 1 emissions, which encompass direct emissions from owned or controlled sources, and 61,000 kg CO2e from Scope 2 emissions, related to indirect emissions from the generation of purchased electricity and heat. The majority of their emissions, about 31,493,000 kg CO2e, fall under Scope 3, which includes emissions from the entire value chain, such as capital goods and purchased goods and services. Over the years, Cembra has shown fluctuations in its emissions. For instance, in 2021, the total emissions were approximately 24,934,000 kg CO2e, while in 2022, this increased to about 28,622,000 kg CO2e. The bank has not disclosed specific reduction targets or initiatives as part of its climate commitments, indicating a potential area for future focus. Cembra Money Bank's emissions intensity, measured as emissions per full-time equivalent (FTE), has varied, with a reported intensity of about 27,000 kg CO2e/FTE in 2021. The bank's commitment to addressing climate change is evident, but further transparency regarding specific reduction targets and initiatives would enhance its sustainability profile.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 390,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 20,000 | 00,000 | 00,000 | 00,000 | 00,000 | 0,000 |
| Scope 3 | 49,000 | 000,000 | 0,000 | 00,000,000 | 00,000,000 | 00,000,000 |
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.
Cembra Money Bank 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.
