Vontobel Holding AG, commonly referred to as Vontobel, is a prominent Swiss financial services firm headquartered in Zurich, Switzerland (CH). Founded in 1924, Vontobel has established itself as a leader in the investment management and private banking sectors, with a strong presence in Europe, Asia, and North America. The company offers a diverse range of products and services, including asset management, wealth management, and structured products, distinguished by their innovative approach and commitment to client-centric solutions. Vontobel's reputation for excellence is underscored by its robust market position and notable achievements, such as its recognition for outstanding investment performance and client service. With a focus on sustainable investing and digital transformation, Vontobel continues to adapt to the evolving financial landscape, ensuring it remains a trusted partner for investors worldwide.
How does Vontobel'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.
Vontobel's score of 62 is higher than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Vontobel reported total greenhouse gas emissions of approximately 6,248,000 kg CO2e, with emissions distributed across various scopes: 213,000 kg CO2e (Scope 1), 234,000 kg CO2e (Scope 2), and a significant 5,801,000 kg CO2e (Scope 3). The Scope 3 emissions were primarily driven by business travel (4,383,000 kg CO2e) and purchased goods and services (4,383,000 kg CO2e). For 2024, Vontobel aims to achieve a carbon footprint of about 85,000 tonnes CO2e for its Scope 1 and 2 emissions combined. This commitment reflects their ongoing efforts to reduce emissions across all scopes, with a long-term target of reaching net-zero emissions in their trading book bond investments by 2050. Vontobel has set ambitious near-term goals, including a commitment to achieve net-zero greenhouse gas emissions in its operations and financial investments by 2030. This aligns with the goals of the Paris Agreement on Climate Change, demonstrating Vontobel's dedication to sustainability and climate action. The emissions data is sourced directly from Vontobel Holding AG, with no cascaded data from parent organizations. Vontobel's proactive approach to climate commitments positions them as a responsible player in the financial sector, focusing on reducing their environmental impact while supporting sustainable investment practices.
Access structured emissions data, company-specific emission factors, and source documents
| 2009 | 2010 | 2011 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 1,846,000 | 0,000,000 | 0,000,000 | - | - | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 2,244,000 | 0,000,000 | 0,000,000 | - | - | 000,000 | 0,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 3 | 3,283,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Vontobel's Scope 3 emissions, which increased by 47% last year and increased by approximately 77% since 2009, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 76% of Scope 3 emissions.
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Vontobel has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
