Swiss National Bank Sustainability Profile
The Swiss National Bank (SNB), headquartered in Switzerland (CH), is the central bank of the country, playing a pivotal role in the Swiss financial system. Established in 1907, the SNB is responsible for formulating and implementing monetary policy, ensuring price stability, and overseeing the Swiss franc's value. With a strong presence in both domestic and international markets, the SNB operates primarily in the banking and finance industry, focusing on monetary policy, foreign exchange reserves, and financial stability. Its unique approach to managing currency and interest rates has positioned it as a key player in global finance. Notable achievements include its significant foreign currency reserves and its proactive measures during economic crises, reinforcing its reputation as a stable and reliable institution in the financial landscape.
DitchCarbon Score
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.
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
Swiss National Bank's score of 41 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Swiss National Bank's reported carbon emissions
In 2024, the Swiss National Bank (SNB) reported operational greenhouse gas emissions of approximately 252,000 kg CO2e, a notable increase from about 208,000 kg CO2e in 2023. This data reflects emissions from Scope 1 and 2, which encompass direct emissions and those from purchased electricity, heat, and steam. The SNB has set ambitious climate commitments, aiming to reduce these operational emissions by at least 50% by 2030 compared to 2017 levels, with a long-term goal of achieving net-zero emissions by 2050. Historically, the SNB's emissions have fluctuated, with total emissions recorded at about 718,000 kg CO2e in 2020 and peaking at approximately 991,000 kg CO2e in 2019. The bank's commitment to sustainability is further underscored by its transition plan, which outlines specific measures to meet these reduction targets. The SNB's emissions data is not cascaded from any parent organization, indicating that it operates independently in its reporting and climate initiatives. The bank's sustainability efforts are documented in its annual sustainability reports, which detail its progress and strategies in addressing climate change.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | - | - | - | - | - | - | - | - |
| Scope 2 | - | - | - | - | - | - | - | - |
| Scope 3 | - | - | - | - | - | - | - | - |
How Carbon Intensive is Swiss National Bank's Industry?
How Carbon Intensive is Swiss National Bank's Location?
Swiss National Bank's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Swiss National Bank has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
