Cembra Money Bank

Cembra Money Bank, a financial intermediation services provider (excluding insurance and pension funding services) headquartered in CH, has reported its carbon emissions across various scopes.

For the reporting year 2024, Cembra Money Bank reported a total of approximately 288 million kg CO2e for Scope 3 emissions, with significant contributions from purchased goods and services (approximately 27.8 million kg CO2e) and capital goods (approximately 1.61 million kg CO2e). Scope 1 emissions for 2024 were approximately 163,000 kg CO2e, and Scope 2 emissions were around 34,000 kg CO2e.

In 2023, the bank's Scope 3 emissions were approximately 29.8 million kg CO2e, primarily from purchased goods and services, followed by employee commute and capital goods. Scope 1 emissions in 2023 totalled approximately 278,000 kg CO2e, with Scope 2 emissions at about 61,000 kg CO2e.

For the 2022 reporting year, Scope 3 emissions were approximately 26.7 million kg CO2e, largely due to purchased goods and services. Scope 1 emissions stood at approximately 253,000 kg CO2e, and Scope 2 emissions were around 65,000 kg CO2e.

The company's climate commitments include a near-term target to reduce Scope 1 and 2 emissions by 75% by 2025, using 2019 as the base year. Cembra Money Bank also has a long-term commitment to achieve net-zero emissions for Scope 1, 2, and operational Scope 3 emissions by 2050. Emissions intensity data is also reported, such as total GHG emissions intensity per CHF million net revenue and Scope 1 and 2 emissions intensity per FTE average.

Cembra Money Bank's emissions data is not cascaded from a parent organisation; it is reported directly by the company.