Walliser Kantonalbank, also known as WKB, is a prominent financial institution headquartered in the picturesque region of Valais, Switzerland (CH). Established in 1910, the bank has a rich history of serving local communities and has evolved into a key player in the Swiss banking sector. With a strong focus on retail banking, corporate finance, and wealth management, WKB offers a range of unique products and services tailored to meet the diverse needs of its clients. The bank is particularly renowned for its commitment to sustainable finance and local economic development, positioning itself as a trusted partner for individuals and businesses alike. With a solid market presence in Valais and beyond, Walliser Kantonalbank continues to achieve notable milestones, reinforcing its reputation as a reliable and innovative financial institution in Switzerland.
How does Walliser Kantonalbank'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.
Walliser Kantonalbank's score of 28 is higher than 77% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2021, Walliser Kantonalbank reported carbon emissions of approximately 1,758 kg CO2e per employee. This figure reflects their commitment to sustainability, although specific total emissions data for Scope 1, 2, and 3 are not disclosed. The bank's emissions per million of balance sheet total were about 0.000047 kg CO2e, indicating a focus on minimising their carbon footprint relative to financial performance. Comparatively, in 2020, emissions per employee were approximately 2,168 kg CO2e, and in 2019, this figure was about 2,484 kg CO2e. This trend suggests a gradual reduction in emissions per employee over the years, although no formal reduction targets or climate pledges have been established by the bank. Walliser Kantonalbank's climate commitments appear to be in line with industry standards, focusing on improving operational efficiency and reducing emissions, but further details on specific initiatives or targets are not available.
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.
Walliser Kantonalbank 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.