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.
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.
Industry Benchmark
Walliser Kantonalbank's score of 28 is higher than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Walliser Kantonalbank's reported carbon emissions
In 2021, Walliser Kantonalbank reported carbon emissions of approximately 1,758 kg CO2e per employee. This figure reflects their operational impact, although specific Scope 1, 2, and 3 emissions data were not disclosed. The bank's emissions per million of balance sheet total were about 0.000047 kg CO2e, indicating a focus on minimising their carbon footprint relative to financial performance. Comparatively, emissions per employee increased from about 2,168 kg CO2e in 2020 and 2,484 kg CO2e in 2019, suggesting a need for enhanced sustainability measures. Despite these figures, Walliser Kantonalbank has not set specific reduction targets or climate pledges, nor do they appear to be part of any recognised climate initiatives such as the Science Based Targets initiative (SBTi). The absence of cascaded emissions data indicates that Walliser Kantonalbank operates independently in terms of its carbon reporting. As the financial sector increasingly prioritises sustainability, the bank's commitment to addressing its carbon emissions will be crucial for aligning with industry standards and stakeholder expectations.
Industry emissions intensity
Location emissions intensity
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.
