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 42 is higher than 74% 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 reported total carbon emissions of approximately 2,564,800 kg CO2e. This figure includes 60,634 kg CO2e from Scope 1 emissions, 67,134 kg CO2e from Scope 2 emissions, and a significant 2,353,200 kg CO2e from Scope 3 emissions, which encompasses areas such as business travel and employee commuting. The bank's emissions have fluctuated over the years, with total emissions recorded at 304,100 kg CO2e in 2022, 292,000 kg CO2e in 2021, and 182,000 kg CO2e in 2020. Notably, the Scope 2 emissions in 2020 were 59,500 kg CO2e, which increased to 67,134 kg CO2e by 2023, indicating a rise in energy consumption or changes in energy sourcing. Despite these figures, there are currently no publicly disclosed reduction targets or climate pledges from Verwaltungs Und Privat Bank. The absence of specific reduction initiatives suggests a need for the bank to establish clear climate commitments to align with industry standards and expectations for sustainability.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Scope 1 | - | 00,000 | 00,000 | 00,000 |
Scope 2 | 182,000 | 00,000 | 00,000 | 00,000 |
Scope 3 | - | 000,000 | 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 not committed to any reduction initiatives 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.