Credit Suisse Group (Schweiz)
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 investment banking, private banking, and asset management, serving clients across Europe, the Americas, and Asia-Pacific. With a rich history marked by significant milestones, Credit Suisse is renowned for its innovative financial solutions and commitment to client service. The company offers a diverse range of products, including wealth management services, investment advisory, and capital markets solutions, distinguished by its client-centric approach and expertise in complex financial transactions. As a prominent player in the financial industry, Credit Suisse has achieved notable recognition for its strategic initiatives and robust market position, making it a trusted partner for individuals and institutions seeking comprehensive financial services.
DitchCarbon Score
How does Credit Suisse Group (Schweiz)'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 Group (Schweiz)'s score of 51 is higher than 72% 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 Group (Schweiz)'s reported carbon emissions
In 2023, Credit Suisse Group (Schweiz) reported total carbon emissions of approximately 4,710,000 kg CO2e. This figure includes Scope 1 emissions of about 1,157,000 kg CO2e, Scope 2 emissions of approximately 139,000 kg CO2e, and significant Scope 3 emissions totalling around 3,413,000 kg CO2e. Notably, the Scope 3 emissions are primarily driven by employee commuting (about 1,986,000 kg CO2e) and business travel (approximately 307,000 kg CO2e). The company has set long-term climate commitments, aiming for net-zero emissions across all scopes by 2050, as part of its Science Based Targets initiative (SBTi) commitments. These targets were established in 2023 and reflect a commitment to align with global climate goals. Data for previous years shows a trend in emissions, with 2021 emissions at about 4,721,000 kg CO2e and 2020 emissions at approximately 5,549,000 kg CO2e, indicating a reduction in total emissions over time. The emissions data is cascaded from its parent company, Credit Suisse Group AG, which provides a comprehensive view of the organisation's climate impact. Overall, Credit Suisse Group (Schweiz) is actively working towards reducing its carbon footprint and has made significant commitments to address climate change, reflecting its role as a responsible financial institution in Switzerland.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 1,716,000 | 0,000,000 | 0,000,000 | - | 0,000,000 |
| Scope 2 | 284,000 | 000,000 | 000,000 | - | 000,000 |
| Scope 3 | 4,441,000 | 0,000,000 | 0,000,000 | - | 0,000,000 |
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 Group (Schweiz) is participating in some 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.
