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 39 is higher than 91% 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 from Scope 1 and 2 to about 142,000 kg CO2e. Comparatively, in 2022, the bank's emissions were higher, with Scope 1 emissions at 151,000 kg CO2e, Scope 2 at 15,000 kg CO2e, and Scope 3 at 117,000 kg CO2e, resulting in a total of approximately 166,000 kg CO2e for Scope 1 and 2. Despite these figures, Zuger Kantonalbank has not disclosed any specific reduction targets or initiatives aimed at decreasing their carbon footprint. The bank's commitment to sustainability is evident, but further details on their climate strategies or pledges are currently unavailable.
Access structured emissions data, company-specific emission factors, and source documents
2022 | 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.