Verwaltungs Und Privat Bank

For 2024, Verwaltungs Und Privat Bank, headquartered in Liechtenstein and operating in financial intermediation services, reported total carbon emissions of approximately 537.5 million kg CO2e. This includes Scope 1 emissions of about 37,500 kg CO2e, Scope 2 emissions (market-based) of approximately 185,300 kg CO2e, and Scope 3 emissions of roughly 537.3 million kg CO2e. The majority of their Scope 3 emissions, about 533.4 million kg CO2e, stem from investments.

Looking back, their total emissions were about 2.04 billion kg CO2e in 2023 and approximately 833.1 million kg CO2e in 2022.

Verwaltungs Und Privat Bank has committed to bringing all Scope 1, 2, and 3 CO2 emissions down to net-zero by 2050. Specifically, for near-term targets, the bank aims to reduce Scope 1 greenhouse gas emissions by 74% from 37.5 tonnes of CO2e in 2024 to 9.9 tonnes of CO2e by 2030. They also target a 72.1% reduction in Scope 2 GHG emissions, from 185.3 tonnes of CO2e in 2024 to 51.7 tonnes of CO2e by 2030. Additionally, the bank has set a net-zero ambition for its own investments (Scope 3, Category 15 emissions) by 2050.