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.
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.
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.
Credit Suisse's score of 38 is higher than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.
As of 2022, Credit Suisse reported total carbon emissions of approximately 63,193,000 kg CO2e globally. This figure includes Scope 1 emissions of about 11,880,000 kg CO2e, primarily from mobile and stationary combustion, and Scope 2 emissions of approximately 71,217,000 kg CO2e, which are linked to energy consumption. Additionally, the bank's Scope 3 emissions totalled around 43,221,000 kg CO2e, with significant contributions from business travel and employee commuting. In terms of climate commitments, Credit Suisse has set a target to achieve net-zero emissions by 2050, starting from 2023. This long-term goal encompasses all scopes of emissions, reflecting the company's commitment to reducing its carbon footprint and aligning with global climate initiatives. Overall, Credit Suisse's emissions have shown a downward trend from approximately 164,800,000 kg CO2e in 2017 to 63,193,000 kg CO2e in 2022, indicating progress in their sustainability efforts.
Access structured emissions data, company-specific emission factors, and source documents
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 |
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 committed to any 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.