Public Profile

Zuger Kantonalbank

Zuger Kantonalbank, often referred to as ZKB, is a prominent financial institution headquartered in Zug, Switzerland (CH). Established in 1892, the bank has a rich history of serving the local community and has expanded its operations across the Zug region and beyond. As a key player in the banking industry, Zuger Kantonalbank offers a comprehensive range of services, including retail banking, corporate financing, and wealth management. What sets ZKB apart is its commitment to personalised customer service and its strong local presence, which fosters trust and reliability among clients. The bank has achieved notable milestones, including a robust market position as one of the leading cantonal banks in Switzerland, recognised for its financial stability and innovative solutions tailored to meet the needs of individuals and businesses alike.

DitchCarbon Score

How does Zuger 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.

41

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

Zuger Kantonalbank's score of 41 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.

90%

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Zuger Kantonalbank's reported carbon emissions

In 2023, Zuger Kantonalbank reported total carbon emissions of approximately 263,000 kg CO2e. This figure includes 128,000 kg CO2e from Scope 1 emissions, 14,000 kg CO2e from Scope 2 emissions, and 121,000 kg CO2e from Scope 3 emissions, primarily attributed to business travel. In comparison, the bank's total emissions in 2022 were about 266,000 kg CO2e, indicating a slight reduction. Zuger Kantonalbank has disclosed emissions across all three scopes, demonstrating transparency in its climate impact. However, there are currently no specific reduction targets or initiatives outlined in their climate commitments. The bank's carbon intensity for 2023 is reported at approximately 45,500 kg CO2e per million CHF in revenue, reflecting its operational efficiency in relation to emissions. As Zuger Kantonalbank continues to navigate its climate responsibilities, it remains essential for the institution to establish clear reduction targets and initiatives to further mitigate its carbon footprint.

Unlock detailed emissions data

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20222023
Scope 1
151,000
000,000
Scope 2
15,000
00,000
Scope 3
117,000
000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Zuger 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 Zuger 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.

Zuger 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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