SCB Group, also known as Star CB, is a prominent player in the financial services industry, headquartered in Switzerland (CH). Founded in 2000, the company has established a strong presence across Europe and Asia, specialising in investment banking, asset management, and financial advisory services. SCB Group is renowned for its innovative approach to wealth management and its commitment to delivering tailored financial solutions. The firm’s unique blend of expertise and technology sets it apart in a competitive market, enabling clients to navigate complex financial landscapes effectively. With a reputation for excellence, SCB Group has achieved significant milestones, including strategic partnerships and a growing portfolio of high-profile clients. Its dedication to client success and market leadership solidifies its position as a trusted name in the financial sector.
How does SCB Group'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.
Mean score of companies in the Other Services 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.
SCB Group's score of 13 is lower than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, SCB Group reported total carbon emissions of approximately 58,840 kg CO2e, comprising 8,290 kg CO2e from Scope 1, 52,550 kg CO2e from Scope 2, and 500,000 kg CO2e from Scope 3 emissions. Notably, the Scope 3 emissions included 412,000 kg CO2e from business travel and 60,000 kg CO2e from employee commuting. The data indicates a significant reduction in emissions over the years. For instance, in 2017, the Group's Scope 2 emissions were about 16,000 kg CO2e, while Scope 3 emissions from business travel reached approximately 4,830,000 kg CO2e. By 2022, Scope 2 emissions had decreased to about 52,550 kg CO2e, reflecting a commitment to reducing their carbon footprint. Despite these reductions, SCB Group has not publicly disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The absence of formal targets suggests a need for further commitment to structured climate action. Overall, SCB Group's emissions data highlights both progress and areas for improvement in their climate strategy.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2016 | 2017 | 2018 | 2019 | 2022 | |
---|---|---|---|---|---|
Scope 1 | - | - | - | - | 0,000 |
Scope 2 | 40,000 | 00,000 | 00,000 | 00,000 | 00,000 |
Scope 3 | 2,791,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000 |
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.
SCB Group is not committed to any 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.