Credit Suisse
Credit Suisse Group AG, commonly known as Credit Suisse, is a leading global financial services company headquartered in Switzerland (CH). Founded in 1856, the firm has established a strong presence in key operational regions, including Europe, the Americas, and Asia-Pacific. Operating within the banking and financial services industry, Credit Suisse offers a diverse range of services, including investment banking, private banking, and asset management. Its unique approach combines innovative financial solutions with a commitment to client service, positioning the firm as a trusted partner for individuals and institutions alike. With a rich history marked by significant milestones, Credit Suisse has earned a reputation for excellence and stability, making it a prominent player in the global financial landscape. The company continues to adapt to market changes, ensuring it remains at the forefront of the industry.
DitchCarbon Score
How does Credit Suisse'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
Credit Suisse's score of 48 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Credit Suisse's reported carbon emissions
In 2022, Credit Suisse reported total carbon emissions of approximately 63,193,000 kg CO2e. This figure includes 11,880,000 kg CO2e from Scope 1 emissions, which are direct emissions from owned or controlled sources, and 8,091,000 kg CO2e from Scope 2 emissions, representing indirect emissions from the generation of purchased electricity. Additionally, the bank's Scope 3 emissions, which encompass all other indirect emissions, totalled 43,221,000 kg CO2e. Over the years, Credit Suisse has made significant strides in reducing its carbon footprint. From 2019 to 2022, the bank's total emissions decreased from 125,872,000 kg CO2e to 63,193,000 kg CO2e, marking a substantial reduction. The bank has set a long-term commitment to achieve net-zero emissions by 2050, with a target start year of 2023. This ambitious goal reflects Credit Suisse's dedication to addressing climate change and aligning its operations with global sustainability standards. The bank's emissions data highlights its ongoing efforts to monitor and manage its carbon output, while its net-zero target underscores a proactive approach to environmental responsibility within the financial services sector.
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| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Scope 1 | 13,235,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 18,928,000 | 00,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 93,709,000 | 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.
Credit Suisse is not participating in any 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.
