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 48 is higher than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Pictet's reported carbon emissions
In 2023, Pictet reported total carbon emissions of approximately 46,133,850,870 kg CO2e. This figure includes Scope 1 emissions of about 6,671,733,160 kg CO2e, Scope 2 emissions of approximately 1,216,953,880 kg CO2e, and significant Scope 3 emissions totalling around 38,303,918,040 kg CO2e. The Scope 3 emissions are primarily driven by capital goods, business travel, and purchased goods and services. Comparatively, in 2022, Pictet's total emissions were about 35,279,765,130 kg CO2e, with Scope 1 at approximately 8,106,075,230 kg CO2e, Scope 2 at around 1,118,411,800 kg CO2e, and Scope 3 at about 26,042,087,310 kg CO2e. This indicates a notable increase in emissions from 2022 to 2023. Pictet has committed to long-term net-zero targets, aiming to cover 56% of its total investment and lending activities by assets under management as of 2021. This commitment is aligned with the Science Based Targets initiative (SBTi) and is set to be achieved by 2050. Additionally, Pictet's portfolio targets cover 34% of its total investment and lending by total managed assets, excluding assets under custody and advisory mandates. The emissions data for Pictet is cascaded from its parent company, Pictet & Cie Group SCA, which provides a comprehensive overview of the organisation's climate impact and commitments.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 1,112,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 3,094,000 | 0,000,000,000 | 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 participating in some 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.
