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.
Let us know if this data was useful to you
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. This figure reflects the bank's commitment to monitoring its carbon footprint, although specific total emissions data for Scope 1, 2, and 3 are not disclosed. The emissions intensity has shown a progressive increase from about 500 kg CO2e per employee in 2018 to 2,500 kg CO2e in 2022, indicating a need for enhanced sustainability measures. LGT Bank has not set specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges, which suggests that while the bank is aware of its emissions, it may not yet have formalised a comprehensive strategy for significant reductions. The emissions data is cascaded from the parent organisation, LGT Group, reflecting a corporate family relationship that influences its sustainability reporting. Overall, LGT Bank (Switzerland) Ltd. is in the early stages of addressing its climate commitments, with a focus on understanding and reporting its emissions rather than implementing aggressive reduction strategies at this time.
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.
