Pictet
Pictet Group, often referred to simply as Pictet, is a prestigious Swiss financial institution headquartered in Geneva, Switzerland (CH). Founded in 1805, Pictet has established itself as a leader in wealth and asset management, serving a diverse clientele that includes private clients, institutions, and corporations across Europe, Asia, and beyond. The firm is renowned for its bespoke investment solutions, private banking services, and asset management expertise, distinguishing itself through a commitment to long-term performance and client-centric strategies. Pictet's strong market position is underscored by its significant assets under management and a reputation for excellence in fiduciary services. With over two centuries of experience, Pictet continues to innovate while upholding its core values of integrity and sustainability in the financial industry.
DitchCarbon Score
How does Pictet'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 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
Pictet's score of 43 is higher than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Pictet's reported carbon emissions
In 2023, Pictet reported total carbon emissions of approximately 46,133,850,870 kg CO2e, with emissions distributed across various scopes. Specifically, Scope 1 emissions accounted for about 6,671,733,160 kg CO2e, while Scope 2 emissions totalled approximately 1,216,953,880 kg CO2e. The majority of emissions stemmed from Scope 3, which reached about 38,303,918,040 kg CO2e, highlighting the significant impact of their supply chain and operational activities. Pictet has set ambitious climate commitments, aiming for net-zero emissions across all scopes by 2050. Their portfolio targets cover approximately 34% of total investment and lending activities by total managed assets as of 2021, with a further target covering 56% of total investment and lending activities by assets under management. These targets are aligned with the Science Based Targets initiative (SBTi) and are designed to meet the reductions necessary to limit global warming to 1.5°C. The firm has also established near-term targets for 2030, reinforcing its commitment to sustainable practices within the financial sector. Pictet's ongoing efforts reflect a proactive approach to addressing climate change and reducing its carbon footprint, particularly in the context of its extensive investment portfolio.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 1,112,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 3,094,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 6,961,190 | 00,000,000,000 | 00,000,000,000 |
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.
Pictet 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.
