Forbo Finanz AG Sustainability Profile
Forbo Finanz AG, headquartered in Switzerland (CH), is a prominent player in the financial services industry, specialising in investment management and financial consulting. Founded in the early 2000s, the company has established a strong presence across Europe, particularly in the DACH region, providing tailored financial solutions to both individual and institutional clients. The firm is renowned for its innovative approach to asset management, offering a diverse range of services that include portfolio management, risk assessment, and strategic financial planning. Forbo Finanz AG distinguishes itself through its commitment to sustainability and ethical investment practices, positioning itself as a leader in responsible finance. With a reputation for excellence and a client-centric focus, Forbo Finanz AG has achieved significant milestones, including recognition for its outstanding performance in the financial sector. The company continues to thrive, leveraging its expertise to navigate the complexities of the modern financial landscape.
DitchCarbon Score
How does Forbo Finanz AG'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
Forbo Finanz AG's score of 26 is lower than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Forbo Finanz AG's reported carbon emissions
In 2020, Forbo Finanz AG reported total carbon emissions of approximately 52,269,000 kg CO2e from Scope 1 and 2 sources, alongside significant Scope 3 emissions of about 609,218,000 kg CO2e, specifically from upstream transportation and distribution. This data reflects the company's commitment to transparency in its carbon footprint, although no specific reduction targets or initiatives have been disclosed. As a current subsidiary of Forbo Finanz AG, the emissions data is cascaded from the parent company, which underscores the importance of corporate family relationships in understanding overall environmental impact. Despite the absence of specific reduction targets or climate pledges, Forbo Finanz AG is positioned within an industry increasingly focused on sustainability and carbon reduction strategies. The company has not yet established Science-Based Targets Initiative (SBTi) reduction targets, indicating a potential area for future commitment. Overall, Forbo Finanz AG's emissions data highlights the need for ongoing efforts in carbon management and climate action within the flooring industry.
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| 2020 | |
|---|---|
| Scope 1 | - |
| Scope 2 | - |
| Scope 3 | 609,218,000 |
How Carbon Intensive is Forbo Finanz AG's Industry?
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Forbo Finanz AG's Scope 3 Categories Breakdown
Their carbon footprint includes supplier sustainability and value chain emissions data across Scope 3 categories, with "Upstream Transportation & Distribution" representing nearly all of their reported Scope 3 footprint.
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Forbo Finanz AG's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Forbo Finanz AG has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
