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The Swiss National Bank (SNB), headquartered in Switzerland (CH), plays a pivotal role in the financial intermediation services sector, specifically excluding insurance and pension funding services. Established in 1907, the SNB has evolved into a cornerstone of the Swiss economy, overseeing monetary policy and ensuring financial stability across the nation.
With a focus on managing the country's currency and foreign exchange reserves, the SNB offers unique services that include the issuance of banknotes and the implementation of monetary policy strategies. Its commitment to maintaining price stability and fostering a stable financial system has solidified its market position as a leading central bank in Europe.
Notable achievements include its proactive measures during economic crises, which have reinforced public confidence in the Swiss franc. The SNB's strategic operations extend beyond Switzerland, influencing global financial markets and contributing to the overall stability of the international monetary system.
47
DitchCarbon score
+10 vs industry average
Swiss National Bank’s score of 47 is higher than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Very Low
Financial Intermediation is among the least carbon-intensive industries
Industry performance
0.096
20182025
The Financial Intermediation industry has reduced its overall emissions by 33% since 2018
Emissions trajectory 2020 – 2027
20202021202220232024202520262027
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Swiss National Bank's reported carbon emissions
Swiss National Bank, headquartered in CH and operating in "Financial intermediation services, except insurance and pension funding services (65)", reported estimated Scope 3 emissions of about 3,265,000 kg CO2e in 2024. The firm's Scope 3 investment emissions stood at approximately 2,590,873,000 kg CO2e in the same year. Their Scope 1 and 2 emissions combined were approximately 252,000 kg CO2e in 2024.
Looking back, in 2023, Swiss National Bank's estimated Scope 3 emissions were around 991,000 kg CO2e, with Scope 3 investment emissions at approximately 1,964,231,000 kg CO2e. Scope 1 and 2 emissions for 2023 were approximately 150,000 kg CO2e.
The company has set a near-term target to reduce operational Scope 1 and 2 GHG emissions by at least 50% by 2030, compared to a 2017 baseline. Additionally, Swiss National Bank is committed to achieving net-zero emissions across all scopes by 2050 at the latest.
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Swiss National Bank’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
On track94%
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
At risk48%
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Behind target22%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
1 of 15 categories disclosedSee all scope 3 categories
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Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Swiss National Bank29 days ago
47
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