WIR Bank Genossenschaft
WIR Bank Genossenschaft, commonly known as WIR Bank, is a pioneering cooperative bank headquartered in Switzerland (CH). Established in 1934, it has played a significant role in the Swiss financial landscape, particularly in the areas of alternative currency and local economic support. With a focus on fostering sustainable business practices, WIR Bank primarily serves small to medium-sized enterprises (SMEs) across various operational regions in Switzerland. The bank offers unique financial products and services, including the WIR currency, which facilitates trade among its members, enhancing liquidity and promoting local commerce. WIR Bank's commitment to community-oriented banking has positioned it as a leader in the cooperative banking sector, recognised for its innovative approach to finance and strong ethical values. Through its dedication to supporting local businesses, WIR Bank continues to make a notable impact on the Swiss economy.
DitchCarbon Score
How does WIR Bank Genossenschaft'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
WIR Bank Genossenschaft's score of 26 is lower than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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WIR Bank Genossenschaft's reported carbon emissions
WIR Bank Genossenschaft, headquartered in Switzerland (CH), has not disclosed specific carbon emissions data for the years 2020 and 2019. However, it has reported CO2 intensity metrics related to its customer portfolios, with a value of approximately 0.077 kg CO2e per CHF of revenue for 2020 and about 0.878 kg CO2e per CHF of revenue for 2019. Currently, WIR Bank does not have any documented reduction targets or commitments under the Science Based Targets initiative (SBTi) or other climate pledges. The bank's emissions data is not cascaded from any parent organization, indicating that it operates independently in its climate reporting. As part of the financial services sector, WIR Bank is positioned to enhance its sustainability efforts, particularly in managing the carbon intensity of its financial products and services. The absence of specific emissions data highlights an opportunity for the bank to establish clearer climate commitments and reduction strategies moving forward.
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.
WIR Bank Genossenschaft 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.
