Public Profile

Walliser Kantonalbank

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.

DitchCarbon Score

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.

28

Industry Average

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.

26

Industry Benchmark

Walliser Kantonalbank's score of 28 is higher than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.

69%

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Walliser Kantonalbank's reported carbon emissions

In 2021, Walliser Kantonalbank reported total carbon emissions of approximately 300,000 kg CO2e for Scope 1, 26,000 kg CO2e for Scope 2, and 544,000 kg CO2e for Scope 3 emissions. This indicates a significant reliance on indirect emissions, particularly from purchased goods and services, which accounted for about 305,000 kg CO2e. In 2020, the bank's emissions were slightly higher, with Scope 1 emissions at 326,000 kg CO2e, Scope 2 at 19,000 kg CO2e, and Scope 3 at 713,000 kg CO2e. The trend shows a reduction in Scope 1 and Scope 3 emissions from 2020 to 2021, suggesting ongoing efforts to manage their carbon footprint. Despite these figures, Walliser Kantonalbank has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The bank's emissions data reflects a commitment to transparency, but further details on strategic climate actions would enhance their sustainability profile.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

201920202021
Scope 1
322,000
000,000
000,000
Scope 2
19,000
00,000
00,000
Scope 3
834,000
000,000
000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Walliser Kantonalbank's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Walliser Kantonalbank is in CH, which has a very low grid carbon intensity relative to other regions.

Reduction initiatives & disclosure networks

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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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