The Swiss National Bank (SNB), headquartered in Bern and Zurich, is the central bank of Switzerland, playing a pivotal role in the country's financial system. Established in 1907, the SNB is renowned for its monetary policy, currency stability, and financial market operations, serving both domestic and international markets. As a key player in the banking industry, the SNB manages Switzerland's monetary policy, oversees the issuance of Swiss francs, and maintains price stability. Its unique approach to foreign exchange reserves and interest rate management distinguishes it from other central banks. With a strong market position, the Swiss National Bank has achieved notable milestones, including its significant role in the global financial landscape and its commitment to maintaining a robust economy. The SNB's dedication to transparency and stability continues to enhance its reputation as a trusted financial institution.
How does Swiss National Bank'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 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.
Swiss National Bank's score of 30 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, the Swiss National Bank (SNB) reported total carbon emissions of approximately 1,270 tonnes CO2e, comprising 210 tonnes from Scope 1, 60 tonnes from Scope 2, and about 1,000 tonnes from Scope 3 emissions. This reflects a significant reduction in emissions compared to previous years, with a notable decrease in Scope 3 emissions, which include categories such as business travel and purchased goods and services. The SNB has not set specific reduction targets or initiatives as part of recognised frameworks like the Science Based Targets Initiative (SBTi) or the Carbon Disclosure Project (CDP). However, the bank is committed to sustainability and has reported a decrease in greenhouse gas emissions per employee, from 1,931 kg CO2e in 2021 to 1,362 kg CO2e in 2022. Overall, while the SNB's emissions data indicates a positive trend towards lower carbon output, the absence of formal reduction targets suggests that further commitments may be necessary to align with broader climate goals.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2022 | |
---|---|---|---|---|---|---|---|---|---|
Scope 1 | 4,790,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 000,000 |
Scope 2 | 4,790,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 00,000 |
Scope 3 | 4,790,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 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.
Swiss National Bank 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.