Banque Pictet & Cie SA, commonly referred to as Pictet, is a prestigious Swiss private bank headquartered in Geneva, Switzerland (CH). Founded in 1805, Pictet has established itself as a leader in wealth and asset management, serving a diverse clientele that includes high-net-worth individuals, institutions, and family offices across Europe, Asia, and the Americas. The bank's core services encompass private banking, asset management, and wealth planning, distinguished by a commitment to client-centric solutions and a long-term investment philosophy. Pictet's reputation for excellence is underscored by its strong market position, consistently ranking among the top private banks in Europe. With a rich history and a focus on sustainable investing, Banque Pictet continues to innovate while upholding its tradition of trust and discretion in the financial industry.
How does Banque Pictet & Cie SA'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 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.
Banque Pictet & Cie SA's score of 26 is lower than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
As of the latest available data, Banque Pictet & Cie SA has not disclosed specific carbon emissions figures. However, the bank has made significant climate commitments aimed at reducing its environmental impact. Pictet is committed to achieving net-zero emissions and has set near-term targets aligned with the Science Based Targets initiative (SBTi) to limit global warming to 1.5°C. By 2025, Pictet aims to cover 34% of its total investment and lending activities with its portfolio targets, which are designed to address greenhouse gas emissions from its operations (Scopes 1 and 2). This commitment reflects a strategic approach to sustainability within the financial sector, focusing on both required and optional activities to enhance their climate impact. Pictet is a member of the BA1.5 initiative, demonstrating its dedication to ambitious climate action. The bank's targets are consistent with the reductions necessary to meet international climate goals, reinforcing its role as a responsible financial institution in Switzerland and Europe.
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.
Banque Pictet & Cie SA is participating in some 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.