Julius Baer Group, a prominent player in the wealth management industry, is headquartered in Switzerland (CH) and has a significant presence across Europe, Asia, and the Americas. Founded in 1890, the firm has established itself as a leader in private banking, offering tailored financial solutions to high-net-worth individuals and families. The company’s core services include investment management, estate planning, and wealth structuring, distinguished by a client-centric approach and a commitment to personalised service. Julius Baer is renowned for its strong market position, consistently ranking among the top private banks globally, and has achieved notable milestones, including strategic acquisitions that enhance its service offerings. With a focus on innovation and sustainability, Julius Baer continues to set benchmarks in the wealth management sector.
How does Julius Baer'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.
Julius Baer's score of 49 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Julius Baer reported total carbon emissions of approximately 12,667,000 kg CO2e. This figure includes 2,736,000 kg CO2e from Scope 1 emissions, 805,000 kg CO2e from Scope 2 emissions, and a significant 8,895,000 kg CO2e from Scope 3 emissions, primarily attributed to business travel (8,895,000 kg CO2e). Over the years, Julius Baer has demonstrated a commitment to reducing its carbon footprint. In 2022, the total emissions were about 10,024,000 kg CO2e, with Scope 1 and 2 emissions totalling 3,374,000 kg CO2e. This indicates a trend towards managing and reducing emissions across various scopes. The company has set ambitious long-term climate commitments, aiming for net-zero emissions by 2050 across all scopes. They have also established near-term targets aligned with a 1.5°C pathway, with specific portfolio targets covering 11% of total investments and lending as of 2021. These initiatives reflect Julius Baer's proactive approach to sustainability and climate responsibility, positioning them as a leader in the financial sector's response to climate change.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Scope 1 | 2,737,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 2 | 4,756,000 | - | 000,000 | 000,000 | 000,000 |
Scope 3 | 13,517,000 | 0,000,000 | 0,000,000 | 0,000,000 | 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.
Julius Baer is committed to some 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.