Credit Suisse Group AG, commonly known as Credit Suisse, is a leading global financial services company headquartered in Switzerland (CH). Founded in 1856, the firm has established a strong presence in key operational regions, including Europe, the Americas, and Asia-Pacific. Operating within the banking and financial services industry, Credit Suisse offers a diverse range of services, including investment banking, private banking, and asset management. Its unique approach combines innovative financial solutions with a commitment to client service, positioning the firm as a trusted partner for individuals and institutions alike. With a rich history marked by significant milestones, Credit Suisse has earned a reputation for excellence and stability, making it a prominent player in the global financial landscape. The company continues to adapt to market changes, ensuring it remains at the forefront of the industry.
How does Credit Suisse'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.
Credit Suisse's score of 50 is higher than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, Credit Suisse reported total carbon emissions of approximately 63,193,000 kg CO2e globally, with specific emissions breakdowns of 11,880,000 kg CO2e for Scope 1, 8,091,000 kg CO2e for Scope 2 (market-based), and 43,221,000 kg CO2e for Scope 3. In Switzerland, the bank's emissions were about 8,898,000 kg CO2e for Scope 1, 1,791,000 kg CO2e for Scope 2 (market-based), and 13,294,000 kg CO2e for Scope 3. Comparatively, in 2021, Credit Suisse's global emissions were approximately 46,985,000 kg CO2e, with Scope 1 emissions at 14,400,000 kg CO2e, Scope 2 (market-based) at 7,018,000 kg CO2e, and Scope 3 at 25,567,000 kg CO2e. In Switzerland, emissions were about 10,561,000 kg CO2e for Scope 1, 1,629,000 kg CO2e for Scope 2 (market-based), and 7,046,000 kg CO2e for Scope 3. Credit Suisse has committed to achieving net-zero emissions by 2050, with this long-term target encompassing all scopes of emissions. This commitment reflects the bank's recognition of the urgent need to address climate change and aligns with global sustainability goals. The net-zero target was established in 2023, indicating a proactive approach to reducing carbon emissions over the coming decades. Data for emissions is cascaded from Credit Suisse itself, with no specific SBTi targets reported. The bank's emissions data is crucial for understanding its environmental impact and commitment to sustainability.
Access structured emissions data, company-specific emission factors, and source documents
2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|
Scope 1 | 13,235,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 2 | 18,928,000 | 00,000,000 | 0,000,000 | 0,000,000 |
Scope 3 | 93,709,000 | 00,000,000 | 00,000,000 | 00,000,000 |
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.
Credit Suisse 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.