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.
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
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.
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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.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 151,000 | 000,000 |
| Scope 2 | 15,000 | 00,000 |
| Scope 3 | 117,000 | 000,000 |
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.
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.
