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 57% 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 661.5 million kg CO2e. This figure includes about 52.3 million kg CO2e from Scope 1 and 2 emissions, while Scope 3 emissions accounted for approximately 609.2 million kg CO2e, specifically from upstream transportation and distribution. Currently, Forbo Finanz AG does not have publicly disclosed reduction targets or initiatives, as indicated by the absence of specific climate pledges or SBTi reduction targets. The company operates as a current subsidiary of Forbo Finanz AG, inheriting its emissions data and performance metrics. Forbo's commitment to sustainability is reflected in its production processes, with a focus on reducing emissions per square metre of flooring produced. However, without specific reduction targets or initiatives, the company's future climate commitments remain unclear.
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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.
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