Cembra Money Bank

Cembra Money Bank, a Swiss financial intermediation services provider, reported total carbon emissions of approximately 288,203,000 kg CO2e in 2024. This includes Scope 1 emissions of 163,000 kg CO2e, Scope 2 emissions of 34,000 kg CO2e, and Scope 3 emissions of 288,000,000 kg CO2e. Key categories within Scope 3 were purchased goods and services (27,800,000 kg CO2e), capital goods (1,610,000 kg CO2e), and employee commute (482,000 kg CO2e).

In 2023, Cembra Money Bank's total carbon emissions were about 30,488,000 kg CO2e, comprising Scope 1 emissions of 278,000 kg CO2e, Scope 2 emissions of 61,000 kg CO2e, and Scope 3 emissions including purchased goods and services (29,800,000 kg CO2e), capital goods (1,070,000 kg CO2e), and employee commute (549,000 kg CO2e).

The company has set a near-term target to reduce its Scope 1 and Scope 2 emissions by 75% by 2025, using 2019 as the base year. Cembra Money Bank also aims for a long-term net-zero target by 2050 for Scope 1, Scope 2, and operational Scope 3 emissions.