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 50 is higher than 73% 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 globally. This includes 11,880,000 kg CO2e from Scope 1 emissions, primarily from stationary combustion, and 8,091,000 kg CO2e from Scope 2 emissions, which are market-based. The company also disclosed Scope 3 emissions of about 43,221,000 kg CO2e, with significant contributions from business travel (24,331,000 kg CO2e) and fuel and energy-related activities (9,925,000 kg CO2e). In Switzerland, Credit Suisse's emissions for the same year were approximately 13,294,000 kg CO2e, comprising 8,898,000 kg CO2e from Scope 1, 1,791,000 kg CO2e from Scope 2 (market-based), and 13,294,000 kg CO2e from Scope 3. Credit Suisse has committed to achieving net-zero emissions by 2050, with a long-term target set in 2023. This commitment encompasses all scopes of emissions, reflecting the company's dedication to addressing climate change 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.
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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.
