LGT Bank (Switzerland) Ltd.
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 53% 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 from 2020 indicating a total of approximately 2,199,500 kg CO2e in Scope 2 emissions and about 1,564,000 kg CO2e in Scope 3 emissions. The bank's Scope 1 emissions for 2020 were around 428,000 kg CO2e. Over the years, LGT Bank has shown a trend of reducing its emissions. For instance, from 2017 to 2020, Scope 1 emissions decreased from about 562,000 kg CO2e to 428,000 kg CO2e, while Scope 2 emissions saw a slight reduction from approximately 2,311,000 kg CO2e to 2,199,500 kg CO2e. Notably, Scope 3 emissions dropped significantly from about 6,344,000 kg CO2e in 2017 to 1,564,000 kg CO2e in 2020, indicating a substantial commitment to reducing indirect emissions. Despite these reductions, LGT Bank has not disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or any formal climate pledges. The bank's ongoing efforts reflect a growing awareness of climate impact and a commitment to sustainability within the financial sector.
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| 2017 | 2018 | 2019 | 2020 | |
|---|---|---|---|---|
| Scope 1 | 562,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 2,311,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 6,344,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
LGT Bank (Switzerland) Ltd. is not participating in any 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.
