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 50 is higher than 96% 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 13,294,000 kg CO2e from Scope 3, 8,898,000 kg CO2e from Scope 1, and 1,791,000 kg CO2e from Scope 2 (market-based) in Switzerland. This reflects a commitment to transparency in their emissions reporting across all scopes. The bank has set ambitious climate commitments, aiming for net-zero emissions by 2050. This long-term target encompasses all scopes of emissions, demonstrating a comprehensive approach to climate action. In comparison, in 2021, Credit Suisse's emissions were approximately 7,046,000 kg CO2e for Scope 3, 10,561,000 kg CO2e for Scope 1, and 1,629,000 kg CO2e for Scope 2 (market-based). The data indicates a focus on reducing emissions over time, aligning with global sustainability trends in the financial sector. Overall, Credit Suisse's climate strategy reflects a proactive stance towards mitigating climate change impacts, with a clear roadmap towards achieving significant reductions in carbon emissions by mid-century.
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| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Scope 1 | 13,235,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 18,928,000 | 00,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 93,709,000 | 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.
