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Financial Intermediation
CH
updated 5 days ago

Credit Suisse

Company website

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.

50

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.

28

Industry Benchmark

Credit Suisse's score of 50 is higher than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.

72%

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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 globally, with specific emissions breakdowns of 11,880,000 kg CO2e for Scope 1, 8,091,000 kg CO2e for Scope 2 (market-based), and 43,221,000 kg CO2e for Scope 3. In Switzerland, the bank's emissions were about 8,898,000 kg CO2e, comprising 8,898,000 kg CO2e for Scope 1, 1,791,000 kg CO2e for Scope 2 (market-based), and 13,294,000 kg CO2e for Scope 3. Credit Suisse has committed to achieving net-zero emissions by 2050, with this long-term target set to commence in 2023. This commitment encompasses all scopes of emissions, reflecting the bank's dedication to addressing its carbon footprint comprehensively. The emissions data is cascaded from Credit Suisse, which is a current subsidiary of UBS Group AG, indicating a corporate family relationship that may influence its sustainability initiatives and reporting practices.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

2019202020212022
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

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Credit Suisse's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Credit Suisse is in CH, which has a very low grid carbon intensity relative to other regions.

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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

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