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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, reported its most recent carbon emissions data for 2024. The bank's Scope 3 emissions were approximately 3,265,000 kg CO2e, with Scope 3 investments accounting for about 2,590,873,000 kg CO2e, and combined Scope 1 and 2 emissions at approximately 252,000 kg CO2e.
Looking back, in 2023, the bank's Scope 3 emissions were around 991,000 kg CO2e, with investments making up about 1,964,231,000 kg CO2e, and Scope 1 and 2 emissions totalled approximately 150,000 kg CO2e.
The Swiss National Bank is committed to reducing its environmental impact through specific climate goals. It aims to cut operational Scope 1 and 2 greenhouse gas emissions by at least 50% by 2030, using 2017 as the baseline. Furthermore, the bank is targeting 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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Climate initiatives
Science Based Targets Initiative
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Not active
Carbon Disclosure Project
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Not active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Not active
RE 100
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Not active
Climate Action 100
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Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Swiss National Bank6 days ago
47
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