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 61 is higher than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Julius Baer reported total carbon emissions of approximately 9,030,000 kg CO2e, comprising 2,044,000 kg CO2e from Scope 1 and 7,633,000 kg CO2e from Scope 3 emissions. Notably, business travel accounted for about 8,613,000 kg CO2e of the Scope 3 emissions. In 2023, the bank's emissions were approximately 9,248,000 kg CO2e globally, with 2,736,000 kg CO2e from Scope 1 and 9,248,000 kg CO2e from Scope 3, indicating a significant reliance on business travel. Julius Baer has set ambitious climate commitments, aiming for net-zero greenhouse gas emissions in its operations (Scope 1 and 2) by 2030. The bank plans to reduce absolute Scope 1 and 2 emissions by 90% by 2030 compared to 2019 levels. Additionally, it has committed to achieving net-zero emissions across its treasury, lending, and mortgage books by 2050. The bank's sustainability strategy includes a focus on renewable energy sources and ongoing efforts to offset any remaining emissions. These initiatives align with industry standards and reflect a commitment to addressing climate change effectively.
Access structured emissions data, company-specific emission factors, and source documents
2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|---|
Scope 1 | 1,784,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 2 | - | - | - | 000,000 | 000,000 | - | - |
Scope 3 | 13,311,000 | 00,000,000 | 0,000,000 | 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 participating in some of the initiatives that 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.