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 14 is lower than 88% 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, 2.0 kg CO2e per FTE in 2018 and 2019, and 1.0 kg CO2e per FTE in 2020. This demonstrates a significant reduction in emissions over the four-year period, showcasing the bank's commitment to lowering its environmental impact. The emissions data is classified under a non-specified scope, as no specific Scope 1, 2, or 3 emissions have been disclosed. Furthermore, LGT Bank has not set any formal reduction targets or initiatives, nor does it participate in recognised climate initiatives such as the Science Based Targets initiative (SBTi) or the Carbon Disclosure Project (CDP). It is important to note that the emissions data is cascaded from the parent organisation, LGT Group, indicating a corporate family relationship. This data reflects the bank's performance within the broader context of its parent company's sustainability efforts. Overall, while LGT Bank (Switzerland) Ltd. has made strides in reducing its carbon emissions, it currently lacks formal commitments or targets to further enhance its climate strategy.
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.
