Public Profile

Society for Worldwide Interbank Financial Telecommunications SCRL

The Society for Worldwide Interbank Financial Telecommunications SCRL, commonly known as SWIFT, is a pivotal player in the global financial services industry. Headquartered in Hong Kong, SWIFT operates extensively across major financial hubs worldwide, facilitating secure and efficient international money transfers and communications between banks and financial institutions. Founded in 1973, SWIFT has achieved significant milestones, including the introduction of its messaging services that revolutionised cross-border transactions. SWIFT's core offerings include its messaging platform, which is renowned for its reliability and security, as well as its compliance and financial crime compliance solutions. With a strong market position, SWIFT serves thousands of institutions globally, making it an indispensable component of the international banking landscape. Its commitment to innovation and security continues to set it apart in the ever-evolving financial technology sector.

DitchCarbon Score

How does Society for Worldwide Interbank Financial Telecommunications SCRL'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.

20

Industry Average

Mean score of companies in the Business 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.

25

Industry Benchmark

Society for Worldwide Interbank Financial Telecommunications SCRL's score of 20 is lower than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.

9%

Society for Worldwide Interbank Financial Telecommunications SCRL's reported carbon emissions

The Society for Worldwide Interbank Financial Telecommunications SCRL, headquartered in Hong Kong, currently does not have publicly available carbon emissions data or specific reduction targets. Without emissions figures, it is challenging to assess their carbon footprint or evaluate their climate commitments. However, the organisation is likely to be engaged in industry-standard practices aimed at reducing environmental impact, as many financial institutions are increasingly prioritising sustainability. As the global focus on climate action intensifies, it is expected that the Society for Worldwide Interbank Financial Telecommunications SCRL will align with emerging standards and initiatives to address climate change in the financial sector.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Society for Worldwide Interbank Financial Telecommunications SCRL's primary industry is Other business services (74), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Society for Worldwide Interbank Financial Telecommunications SCRL is headquartered in HK, which we do not have grid emissions data for.

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.

Society for Worldwide Interbank Financial Telecommunications SCRL 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero

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