Verwaltungs und Privat Bank AG, commonly known as VP Bank, is a prominent financial institution headquartered in Liechtenstein (LI). Established in 1952, VP Bank has evolved into a key player in the private banking and wealth management sector, with a strong presence in Europe and Asia. The bank offers a range of core services, including asset management, private banking, and investment advisory, distinguished by its client-centric approach and innovative financial solutions. VP Bank's commitment to personalised service and sustainable investment strategies has solidified its reputation in the industry. With a focus on growth and expansion, VP Bank has achieved notable milestones, positioning itself as a trusted partner for high-net-worth individuals and institutional clients alike. Its dedication to excellence and strategic development continues to enhance its market standing.
How does Verwaltungs Und Privat 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.
Verwaltungs Und Privat Bank's score of 49 is higher than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Verwaltungs Und Privat Bank (VP Bank), headquartered in Liechtenstein (LI), reported total carbon emissions of approximately 2,564,800 kg CO2e. This figure includes Scope 1 emissions of about 61,800 kg CO2e, Scope 2 emissions of approximately 149,800 kg CO2e (market-based), and a significant contribution from Scope 3 emissions, which totalled around 2,353,200 kg CO2e. Notably, the largest components of Scope 3 emissions were from employee commuting (about 995,100 kg CO2e) and business travel (approximately 706,000 kg CO2e). VP Bank has set a long-term commitment to achieve net-zero emissions across all scopes by 2050, starting from 2023. This ambitious target aligns with global climate initiatives and reflects the bank's dedication to sustainability and reducing its carbon footprint. The bank's ongoing efforts to monitor and reduce emissions demonstrate its proactive approach to addressing climate change and contributing to a more sustainable future.
Access structured emissions data, company-specific emission factors, and source documents
2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Scope 1 | - | - | 00,000 | 00,000 |
Scope 2 | 182,000 | 000,000 | 000,000 | 000,000 |
Scope 3 | - | 000,000 | 0,000,000 | 0,000,000 |
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.
Verwaltungs Und Privat Bank is participating in some of the initiatives that 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.