Zuger Kantonalbank
Zuger Kantonalbank, often referred to as ZKB, is a prominent financial institution headquartered in Zug, Switzerland (CH). Established in 1892, the bank has a rich history of serving the local community and has expanded its operations across the Zug region and beyond. As a key player in the banking industry, Zuger Kantonalbank offers a comprehensive range of services, including retail banking, corporate financing, and wealth management. What sets ZKB apart is its commitment to personalised customer service and its strong local presence, which fosters trust and reliability among clients. The bank has achieved notable milestones, including a robust market position as one of the leading cantonal banks in Switzerland, recognised for its financial stability and innovative solutions tailored to meet the needs of individuals and businesses alike.
DitchCarbon Score
How does Zuger 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.
Industry Average
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.
Industry Benchmark
Zuger Kantonalbank's score of 41 is higher than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Zuger Kantonalbank's reported carbon emissions
In 2023, Zuger Kantonalbank reported total carbon emissions of approximately 263,000 kg CO2e. This figure includes 128,000 kg CO2e from Scope 1 emissions, 14,000 kg CO2e from Scope 2 emissions, and 121,000 kg CO2e from Scope 3 emissions, primarily attributed to business travel. The combined total for Scope 1 and Scope 2 emissions was about 142,000 kg CO2e. Comparatively, in 2022, the bank's total emissions were around 283,000 kg CO2e, with Scope 1 emissions at 151,000 kg CO2e, Scope 2 emissions at 15,000 kg CO2e, and Scope 3 emissions at 117,000 kg CO2e. The total for Scope 1 and Scope 2 in 2022 was approximately 166,000 kg CO2e. Zuger Kantonalbank has not disclosed specific reduction targets or initiatives as part of its climate commitments. However, the bank is actively monitoring its emissions across all scopes, indicating a commitment to transparency and accountability in its environmental impact.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 151,000 | 000,000 |
| Scope 2 | 15,000 | 00,000 |
| Scope 3 | 117,000 | 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.
Zuger 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.
