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.
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.
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 Group (Schweiz)'s score of 33 is higher than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, Credit Suisse Group (Schweiz) reported total carbon emissions of approximately 251,931,000 kg CO2e, encompassing Scope 1 and 2 emissions. The organisation has committed to achieving net-zero emissions across all scopes by 2050, with a commitment initiated in 2021. This long-term target aligns with the Science Based Targets initiative (SBTi) framework, which aims to ensure that corporate emissions reductions are consistent with climate science. As a current subsidiary of Credit Suisse Group AG, the emissions data and climate commitments are cascaded from the parent organisation. While specific near-term reduction targets were removed, the overarching commitment to net-zero remains a significant aspect of their climate strategy. The financial institution is actively working towards integrating sustainability into its operations, reflecting a growing trend within the banking sector to address climate change and reduce carbon footprints. Overall, Credit Suisse Group (Schweiz) is positioned within a broader industry context that increasingly prioritises environmental responsibility, with ongoing efforts to enhance transparency and accountability in emissions reporting.
Access structured emissions data, company-specific emission factors, and source documents
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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.