Cembra Money Bank

Cembra Money Bank, a financial intermediation services company headquartered in Switzerland, reported its 2024 carbon emissions. In 2024, the company's Scope 1 emissions were approximately 163,000 kg CO2e, and Scope 2 emissions were approximately 34,000 kg CO2e. Scope 3 emissions were significantly higher, at approximately 288,000,000 kg CO2e. Key categories within Scope 3 included purchased goods and services (approximately 27,800,000 kg CO2e), capital goods (approximately 1,610,000 kg CO2e), and employee commute (approximately 482,000 kg CO2e).

Looking back, in 2023, Cembra Money Bank's Scope 1 emissions were approximately 278,000 kg CO2e, and Scope 2 emissions were around 61,000 kg CO2e. In 2022, Scope 1 emissions were approximately 253,000 kg CO2e, and Scope 2 emissions were approximately 65,000 kg CO2e.

Cembra Money Bank has committed to significant climate targets. The company aims to reduce its Scope 1 and Scope 2 emissions by 75% by 2025, using 2019 as a baseline year. Additionally, Cembra Money Bank has a long-term target to achieve net-zero for Scope 1, Scope 2, and operational Scope 3 emissions by 2050.