EFG International, a prominent player in the private banking sector, is headquartered in Switzerland (CH) and operates across key regions including Europe, Asia, and the Americas. Founded in 1995, the bank has established itself as a trusted partner for high-net-worth individuals and families, offering a comprehensive suite of wealth management services. Specialising in private banking, asset management, and financial advisory, EFG International distinguishes itself through its personalised approach and commitment to client-centric solutions. The bank's innovative investment strategies and robust risk management frameworks have garnered recognition, positioning it as a leader in the competitive financial landscape. With a focus on sustainable growth and client satisfaction, EFG International continues to achieve notable milestones in the wealth management industry.
How does EFG International'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.
EFG International's score of 40 is higher than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, EFG International reported total carbon emissions of approximately 3,080,000 kg CO2e, comprising 617,000 kg CO2e from Scope 1, 2,556,000 kg CO2e from Scope 2, and 3,080,000 kg CO2e from Scope 3 emissions, primarily driven by business travel. This represents a slight decrease in Scope 1 emissions from 698,000 kg CO2e in 2022, while Scope 2 emissions increased from 2,107,000 kg CO2e, and Scope 3 emissions rose from 1,924,000 kg CO2e. Despite these figures, EFG International has not disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint. The company is committed to addressing climate change but lacks formalised reduction strategies or pledges, which places them in a challenging position within the financial services industry, where many peers are actively pursuing ambitious climate goals.
Access structured emissions data, company-specific emission factors, and source documents
2022 | 2023 | |
---|---|---|
Scope 1 | 698,000 | 000,000 |
Scope 2 | 2,107,000 | 0,000,000 |
Scope 3 | 1,924,000 | 0,000,000 |
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.
EFG International 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.