Habib Bank AG Zurich
Habib Bank AG Zurich, often referred to as HBAZ, is a prominent financial institution headquartered in Switzerland (CH). Established in 1967, the bank has expanded its operations across key regions, including Europe, Asia, and the Middle East. Specialising in commercial banking, trade finance, and wealth management, HBAZ offers a unique blend of personalised services tailored to meet the diverse needs of its clients. With a strong emphasis on customer-centric solutions, Habib Bank AG Zurich distinguishes itself through its commitment to quality service and innovative financial products. The bank has achieved notable milestones, including a robust market presence and a reputation for reliability in the banking sector. As a trusted partner for businesses and individuals alike, HBAZ continues to uphold its legacy of excellence in the financial industry.
DitchCarbon Score
How does Habib Bank AG Zurich'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 Services Auxiliary to 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
Habib Bank AG Zurich's score of 23 is lower than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Habib Bank AG Zurich's reported carbon emissions
In 2024, Habib Bank AG Zurich reported total emissions of approximately 739,000 kg CO2e from Scope 1 and 2, alongside about 1,000,000 kg CO2e from Scope 3 emissions across various regions. Specifically, in Switzerland (CH), the bank's emissions included about 44,000 kg CO2e from Scope 1 and 2, and approximately 178,000 kg CO2e from Scope 3, primarily attributed to business travel. The bank's emissions data is cascaded from its parent organization, Habib Bank AG Zurich, indicating a corporate family relationship. However, there are currently no specific reduction targets or climate pledges documented, suggesting that while emissions are tracked, formal commitments to reduction initiatives are not established. Overall, the bank's emissions intensity is reported at about 2,110 kg CO2e per employee for Scope 1 and 2, and the average carbon intensity of its investment portfolio is approximately 0.132 kg CO2e per CHF million invested. This data reflects the bank's ongoing efforts to monitor its carbon footprint, although further commitments to reduction strategies would enhance its climate action profile.
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.
Habib Bank AG Zurich 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.
