Credit Suisse
Credit Suisse Group AG, commonly known as Credit Suisse, is a leading global financial services company headquartered in Switzerland (CH). Founded in 1856, the firm has established a strong presence in key operational regions, including Europe, the Americas, and Asia-Pacific. Operating within the banking and financial services industry, Credit Suisse offers a diverse range of services, including investment banking, private banking, and asset management. Its unique approach combines innovative financial solutions with a commitment to client service, positioning the firm as a trusted partner for individuals and institutions alike. With a rich history marked by significant milestones, Credit Suisse has earned a reputation for excellence and stability, making it a prominent player in the global financial landscape. The company continues to adapt to market changes, ensuring it remains at the forefront of the industry.
DitchCarbon Score
How does Credit Suisse'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
Credit Suisse's score of 38 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Credit Suisse's reported carbon emissions
In 2022, Credit Suisse reported total carbon emissions of approximately 63,193,000 kg CO2e globally. This includes 11,880,000 kg CO2e from Scope 1 emissions, which encompass direct emissions from owned or controlled sources, and 8,091,000 kg CO2e from Scope 2 emissions, related to indirect emissions from the generation of purchased electricity. The company also disclosed Scope 3 emissions of about 43,221,000 kg CO2e, primarily from business travel (24,331,000 kg CO2e) and employee commuting (4,221,000 kg CO2e). In Switzerland, the emissions for 2022 were reported as 13,294,000 kg CO2e for Scope 3, with Scope 1 emissions at 8,898,000 kg CO2e and Scope 2 emissions at 1,791,000 kg CO2e (market-based). Credit Suisse has set a long-term commitment to achieve net-zero emissions by 2050, with this target established in 2023. This commitment encompasses all scopes of emissions, reflecting the company's dedication to addressing its carbon footprint comprehensively. The emissions data is cascaded from the parent company, UBS Group AG, which influences Credit Suisse's sustainability initiatives and reporting.
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| 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|
| Scope 1 | 17,400,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 43,200,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 91,300,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
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.
Credit Suisse 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.
