Swiss National Bank

Swiss National Bank's reported carbon emissions

The Swiss National Bank (SNB), headquartered in CH and operating in Financial intermediation services, except insurance and pension funding services (65), has reported the following carbon emissions data: For 2024, the SNB reported Scope 3 emissions from investments of approximately 2.59 billion kg CO2e and Scope 1 and 2 emissions totalling about 252,000 kg CO2e. In 2023, Scope 3 investments were approximately 1.96 billion kg CO2e, with Scope 1 and 2 emissions at about 208,000 kg CO2e. The SNB's climate commitments include a near-term target to reduce operational Scope 1 and 2 greenhouse gas (GHG) emissions by at least 50% by 2030, using 2017 as a baseline. Additionally, the bank aims to achieve net-zero emissions by 2050 at the latest. These targets are to be realised through various climate-related measures. Historical emissions data shows Scope 1 and 2 totals ranging from approximately 127,000 kg CO2e in 2022 to about 1.09 million kg CO2e in 2018. Scope 2 emissions from purchased heat and purchased electricity, along with Scope 3 emissions from purchased goods and services and waste generated in operations, were reported for earlier years, with total emissions for 2016 reported at approximately 1.6 million kg CO2e.