Pictet
Pictet Group, often referred to simply as Pictet, is a prestigious Swiss financial institution headquartered in Geneva. Established in 1805, Pictet has evolved into a leading player in the wealth and asset management industry, with a strong presence across Europe, Asia, and North America. The firm is renowned for its commitment to private banking, asset management, and institutional services, catering to a diverse clientele that includes high-net-worth individuals and institutional investors. Pictet distinguishes itself through its focus on sustainable investing and innovative financial solutions, ensuring that clients benefit from tailored strategies that align with their values. With a rich history marked by significant milestones, Pictet has consistently maintained a strong market position, recognised for its expertise and reliability in managing assets. The firm’s dedication to excellence and client-centric approach has solidified its reputation as a trusted partner in the financial services sector.
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 87% 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 46.1 million tonnes CO2e, with emissions distributed across various scopes. Specifically, Scope 1 emissions accounted for about 6.7 million tonnes CO2e, while Scope 2 emissions were around 1.2 million tonnes CO2e. The majority of emissions, approximately 38.3 million tonnes CO2e, fell under Scope 3, which includes categories such as capital goods, business travel, and purchased goods and services. Pictet has set ambitious climate commitments, aiming for net-zero emissions across all scopes by 2050. Their portfolio targets cover about 34% of total investment and lending activities based on total managed assets as of 2021. Additionally, they have established targets that encompass 56% of their total investment and lending activities by assets under management. These targets align with the Science Based Targets initiative (SBTi) and are designed to meet the reductions necessary to limit global warming to 1.5°C. Pictet's ongoing efforts reflect a commitment to sustainability and responsible investment, positioning the firm as a proactive player in the financial sector's response to climate change.
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Add to project2021 | 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.
