LGT Bank (Switzerland) Ltd. Sustainability Profile
LGT Bank (Switzerland) Ltd., a prominent player in the private banking and asset management sector, is headquartered in Zurich, Switzerland (CH). Founded in 1920, LGT has established itself as a leader in providing tailored financial solutions to high-net-worth individuals and institutional clients across Europe and Asia. The bank's core offerings include wealth management, investment advisory, and sustainable investment solutions, distinguished by a commitment to personalised service and innovative strategies. LGT's focus on responsible investing and its strong emphasis on sustainability set it apart in a competitive market. With a rich history and a reputation for excellence, LGT Bank has achieved notable milestones, including recognition for its robust investment performance and client satisfaction, solidifying its position as a trusted partner in the financial industry.
DitchCarbon Score
How does LGT Bank (Switzerland) Ltd.'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 Services Auxiliary to 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
LGT Bank (Switzerland) Ltd.'s score of 26 is lower than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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LGT Bank (Switzerland) Ltd.'s reported carbon emissions
LGT Bank (Switzerland) Ltd. has reported its carbon emissions data for the years 2017 to 2020, with the most recent figures indicating a carbon footprint of approximately 3.0 kg CO2e per full-time equivalent (FTE) in 2017, decreasing to about 2.0 kg CO2e per FTE in both 2018 and 2019. By 2020, the emissions further reduced to approximately 1.0 kg CO2e per FTE. This trend reflects a commitment to reducing its carbon impact, although specific reduction targets or initiatives have not been disclosed. The emissions data is cascaded from LGT Bank (Switzerland) Ltd. as part of its corporate family, indicating a structured approach to sustainability within the organisation. However, there are currently no specific climate pledges or reduction targets reported, nor are there any disclosed scopes of emissions (Scope 1, 2, or 3). Overall, while LGT Bank (Switzerland) Ltd. shows a positive trend in reducing its emissions per employee, further transparency regarding its climate commitments and specific targets would enhance its sustainability profile.
How Carbon Intensive is LGT Bank (Switzerland) Ltd.'s Industry?
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LGT Bank (Switzerland) Ltd.'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.
LGT Bank (Switzerland) Ltd. 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.
