Walliser Kantonalbank, also known as WKB, is a prominent financial institution headquartered in the picturesque region of Valais, Switzerland (CH). Established in 1910, the bank has a rich history of serving local communities and has evolved into a key player in the Swiss banking sector. With a strong focus on retail banking, corporate finance, and wealth management, WKB offers a range of unique products and services tailored to meet the diverse needs of its clients. The bank is particularly renowned for its commitment to sustainable finance and local economic development, positioning itself as a trusted partner for individuals and businesses alike. With a solid market presence in Valais and beyond, Walliser Kantonalbank continues to achieve notable milestones, reinforcing its reputation as a reliable and innovative financial institution in Switzerland.
How does Walliser Kantonalbank'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.
Walliser Kantonalbank's score of 28 is higher than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2021, Walliser Kantonalbank reported carbon emissions of approximately 1,758 kg CO2e per employee, with no specific data disclosed for Scope 1, 2, or 3 emissions. The emissions per million of balance sheet total were about 0.000047 kg CO2e. This reflects a decrease from 2020, where emissions per employee were around 2,168 kg CO2e and per million of balance sheet total were about 0.000059 kg CO2e. In 2019, the emissions per employee were approximately 2,484 kg CO2e, indicating a positive trend in reducing emissions intensity over the years. Despite these figures, Walliser Kantonalbank has not set specific reduction targets or climate pledges, nor does it appear to have cascaded data from any parent organization. The bank's commitment to sustainability is evident, but further details on formal climate initiatives or targets are currently unavailable.
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.
Walliser Kantonalbank is not participating in any 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.