Swissquote Group Holding Ltd, commonly known as Swissquote, is a leading online financial services provider headquartered in Switzerland (CH). Founded in 1996, the company has established a strong presence in Europe, Asia, and the Middle East, catering to a diverse clientele of retail and institutional investors. Operating primarily in the fintech industry, Swissquote offers a comprehensive range of services, including online trading, forex, and wealth management. Its unique selling proposition lies in its advanced trading platforms and innovative financial products, such as cryptocurrency trading and robo-advisory services. With a commitment to regulatory compliance and customer security, Swissquote has garnered a reputation for reliability and transparency. The company has achieved significant milestones, including being listed on the Swiss Stock Exchange, solidifying its position as a trusted player in the global financial market.
How does Swissquote'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.
Swissquote's score of 43 is higher than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Swissquote reported total carbon emissions of approximately 83000 kg CO2e for Scope 1, 132000 kg CO2e for Scope 2 (market-based), and significant Scope 3 emissions, including about 477714000 kg CO2e from investments, 655000 kg CO2e from business travel, and 1166000 kg CO2e from employee commuting. The total market-based emissions for Scope 1 and 2 combined reached about 10937000 kg CO2e. In 2023, the company’s emissions included approximately 105000 kg CO2e for Scope 1, 124000 kg CO2e for Scope 2 (market-based), and substantial Scope 3 emissions, with investments contributing about 341918000 kg CO2e, business travel at 563000 kg CO2e, and employee commuting at 1158000 kg CO2e. The total market-based emissions for Scope 1 and 2 were around 9928000 kg CO2e. Swissquote has not set specific reduction targets or initiatives as part of the Science Based Targets initiative (SBTi) or other climate pledges. The company’s emissions data is not cascaded from any parent organization, indicating that all reported figures are independently sourced from Swissquote Group Holding Ltd. Overall, Swissquote's emissions profile reflects a significant reliance on Scope 3 emissions, particularly from investments and employee commuting, highlighting areas for potential future climate action and commitment.
Access structured emissions data, company-specific emission factors, and source documents
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 87,000 | 00,000 | 000,000 | 00,000 | 000,000 | 00,000 |
| Scope 2 | 269,000 | 000,000 | 00,000 | 000,000 | 000,000 | 000,000 |
| Scope 3 | - | - | 000,000 | 000,000,000 | 000,000,000 | 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.
Swissquote 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.
