EFG International, a prominent private banking group, is headquartered in Zurich, Switzerland, with significant operations across Europe, Asia, and the Americas. Founded in 1995, the firm has established itself as a leader in wealth management, offering tailored financial solutions to high-net-worth individuals and families. Specialising in private banking, asset management, and corporate advisory services, EFG International distinguishes itself through its client-centric approach and innovative investment strategies. The bank's commitment to personalised service and robust risk management has earned it a strong market position, recognised for its excellence in client satisfaction and financial performance. With a focus on sustainable investing and a diverse range of financial products, EFG International continues to adapt to the evolving needs of its clientele, solidifying its reputation as a trusted partner in wealth preservation and growth.
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 39 is higher than 82% 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 24.5 million tonnes CO2e. This figure includes 617,000 tonnes CO2e from Scope 1 emissions, 2.56 million tonnes CO2e from Scope 2 emissions (comprising 735,000 tonnes CO2e from purchased heat and 1.82 million tonnes CO2e from purchased electricity), and 18.67 million tonnes CO2e from Scope 3 emissions, primarily attributed to business travel. Comparatively, in 2022, the company recorded total emissions of about 22.8 million tonnes CO2e, with 698,000 tonnes CO2e from Scope 1, 2.11 million tonnes CO2e from Scope 2, and 13.31 million tonnes CO2e from Scope 3. This indicates a rise in emissions, particularly in Scope 3, which increased by approximately 5.36 million tonnes CO2e year-on-year. EFG International has not publicly committed to specific reduction targets or initiatives under frameworks such as the Science Based Targets Initiative (SBTi) or the Carbon Disclosure Project (CDP). The absence of documented reduction targets suggests a need for enhanced climate commitments in line with industry standards.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2022 | 2023 | |
---|---|---|
Scope 1 | 698,000 | 000,000 |
Scope 2 | 2,107,000 | 0,000,000 |
Scope 3 | 13,308,000 | 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.
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.