Swissquote
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.
DitchCarbon Score
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.
Industry Average
Mean score of companies in the 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
Swissquote's score of 27 is higher than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Swissquote's reported carbon emissions
In 2023, Swissquote reported total carbon emissions of approximately 14,930,000 kg CO2e. This figure includes 79,000 kg CO2e from Scope 1 emissions, 34,000 kg CO2e from Scope 2 emissions, and a significant 14,817,000 kg CO2e from Scope 3 emissions. The Scope 3 emissions primarily stem from capital goods (about 13,209,000 kg CO2e), business travel (approximately 512,000 kg CO2e), and employee commuting (around 1,094,000 kg CO2e). Comparatively, in 2022, the total emissions were about 16,501,000 kg CO2e, indicating a reduction in emissions over the year. The breakdown for 2022 included 77,000 kg CO2e from Scope 1, 29,000 kg CO2e from Scope 2, and 16,395,000 kg CO2e from Scope 3. Despite these figures, Swissquote has not publicly disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of documented reduction targets suggests a need for enhanced climate commitments within the organisation. As the financial services industry increasingly prioritises sustainability, Swissquote's future climate strategies will be crucial in aligning with global climate goals.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 87,000 | 00,000 | 000,000 | 00,000 | 00,000 |
| Scope 2 | 269,000 | 000,000 | 00,000 | 00,000 | 00,000 |
| Scope 3 | - | - | 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.
Swissquote is not committed to any reduction initiatives 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.
