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 bespoke wealth management solutions. Specialising in private banking, asset management, and financial advisory services, EFG International distinguishes itself through its client-centric approach and innovative investment strategies. The firm is recognised for its strong market position, consistently achieving notable milestones in client satisfaction and asset growth. With a commitment to excellence and a focus on sustainable investment, EFG International continues to enhance its reputation as a leader 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 39 is higher than 87% 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, with emissions distributed across various scopes. Specifically, Scope 1 emissions were about 617,000 kg CO2e, while Scope 2 emissions totalled approximately 2,556,000 kg CO2e, comprising 735,000 kg CO2e from purchased heat and 1,821,000 kg CO2e from purchased electricity. Scope 3 emissions, primarily from business travel, accounted for around 3,080,000 kg CO2e. Comparatively, in 2022, the firm recorded total emissions of about 2,924,000 kg CO2e, with Scope 1 emissions at approximately 698,000 kg CO2e, Scope 2 emissions at about 2,107,000 kg CO2e, and Scope 3 emissions at around 1,924,000 kg CO2e. This indicates a significant increase in emissions from 2022 to 2023, particularly in Scope 3 emissions. EFG International has not disclosed specific reduction targets or initiatives, nor have they committed to any climate pledges. The absence of defined reduction strategies suggests a need for further action in addressing their carbon footprint and aligning with industry standards for climate commitments.
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 | 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.