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.
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.
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.
Zuger Kantonalbank's score of 19 is higher than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Zuger Kantonalbank reported total carbon emissions of approximately 128,000 kg CO2e from Scope 1, 14,000 kg CO2e from Scope 2, and 121,000 kg CO2e from Scope 3, primarily attributed to business travel. This brings their total emissions for the year to about 263,000 kg CO2e. In comparison, the previous year, 2022, saw emissions of approximately 151,000 kg CO2e from Scope 1, 15,000 kg CO2e from Scope 2, and 117,000 kg CO2e from Scope 3, totalling around 283,000 kg CO2e. Zuger Kantonalbank has not disclosed specific reduction targets or initiatives as part of their climate commitments. However, they continue to monitor and report their emissions, indicating a commitment to transparency in their environmental impact. The bank's carbon intensity was reported at approximately 45,500 kg CO2e per million CHF in 2023, reflecting their ongoing efforts to assess and manage their carbon footprint.
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Add to project2022 | 2023 | |
---|---|---|
Scope 1 | 151,000 | 000,000 |
Scope 2 | 15,000 | 00,000 |
Scope 3 | 117,000 | 000,000 |
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 committed to any reduction initiatives 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.