LGT Bank (Switzerland) Ltd.
LGT Bank (Switzerland) Ltd., a prominent player in the private banking and asset management sector, is headquartered in Zurich, Switzerland (CH). Founded in 1920, LGT has established itself as a leader in providing tailored financial solutions to high-net-worth individuals and institutional clients across Europe and Asia. The bank's core offerings include wealth management, investment advisory, and sustainable investment solutions, distinguished by a commitment to personalised service and innovative strategies. LGT's focus on responsible investing and its strong emphasis on sustainability set it apart in a competitive market. With a rich history and a reputation for excellence, LGT Bank has achieved notable milestones, including recognition for its robust investment performance and client satisfaction, solidifying its position as a trusted partner in the financial industry.
DitchCarbon Score
How does LGT Bank (Switzerland) Ltd.'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
LGT Bank (Switzerland) Ltd.'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.
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LGT Bank (Switzerland) Ltd.'s reported carbon emissions
In 2022, LGT Bank (Switzerland) Ltd. reported a greenhouse gas (GHG) emissions intensity of approximately 2,500 kg CO2e per employee, although specific total emissions data for that year is not disclosed. In 2021, the GHG emissions intensity was about 2,000 kg CO2e per employee. For the years 2020 to 2018, LGT Bank disclosed comprehensive emissions data across all three scopes. In 2020, total emissions were 4,000,000 kg CO2e, comprising 428,000 kg CO2e (Scope 1), 1,995,000 kg CO2e (Scope 2), and 1,564,000 kg CO2e (Scope 3). In 2019, total emissions reached 7,926,000 kg CO2e, with 510,000 kg CO2e (Scope 1), 1,910,000 kg CO2e (Scope 2), and 6,926,000 kg CO2e (Scope 3). The 2018 figures were 7,740,000 kg CO2e in total, including 401,000 kg CO2e (Scope 1), 2,034,000 kg CO2e (Scope 2), and 7,310,000 kg CO2e (Scope 3). Despite the detailed emissions reporting, LGT Bank has not set specific reduction targets or initiatives, nor have they committed to the Science Based Targets initiative (SBTi). Their climate commitments remain unspecified, indicating a potential area for future development in their sustainability strategy.
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| 2017 | 2018 | 2019 | 2020 | |
|---|---|---|---|---|
| Scope 1 | 562,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 2,311,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 6,344,000 | 0,000,000 | 0,000,000 | 0,000,000 |
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.
LGT Bank (Switzerland) Ltd. 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.
