Banque Cantonale Vaudoise

Country
Switzerland
Sector
Financial Services
Industry
Banks - Regional
Employees
2,089
Ticker
BCVN
Exchange
SIX SWISS EXCHANGE
Website
www.bcv.ch
Description
Banque Cantonale Vaudoise is a prominent Swiss regional bank providing a wide array of financial services primarily within the Canton of Vaud. Its core functions revolve around offering retail banking...

Banque Cantonale Vaudoise's Climate Target Data Preview

As of 2024, Banque Cantonale Vaudoise has disclosed 8 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction target and 7 intensity-based target targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Banque Cantonale Vaudoise ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total, Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Capital Goods (Cat. 2), Scope 3 - Fuel- and Energy-Related Services (Cat. 3), Scope 3 - Waste Generated in Operations (Cat. 5), Scope 3 - Business Travel (Cat. 6), Scope 3 - Employee Commuting (Cat. 7)
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2)
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a
2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2)
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a
2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Swiss Franc (CHF) of Investment
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a
2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Swiss Franc (CHF) of Investment
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a
2040
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2)
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a
2040
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2)
Copy restricted. Please purchase to unlock this data.
a
2040
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2)
Copy restricted. Please purchase to unlock this data.
a
2050
*. This target is limited in scope and does not represent the company's full operational or organizational boundaries
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Verified Sources Behind Banque Cantonale Vaudoise’s Climate Targets Data

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a. Banque Cantonale Vaudoise's Sustainability Report 2024
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Insights into Banque Cantonale Vaudoise's Greenhouse Gas Emissions Pathways

As of 2024, Banque Cantonale Vaudoise has set greenhouse gas (GHG) emissions reduction targets that cover its value chain emissions (Scope 3), without dedicated targets for its operational emissions. This indicates a focus on upstream and downstream climate impacts rather than internal operations. a

Does Banque Cantonale Vaudoise have a target to reduce the emissions from its value chain?

As of 2024, Banque Cantonale Vaudoise has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol. a

Banque Cantonale Vaudoise's most ambitious value chain target is to reduce these emissions by 99% by 2050, compared to a baseline of 0.028 Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2) in 2022. a

As of 2024, Banque Cantonale Vaudoise is lagging behind on its value chain emissions reduction target, having achieved 6.07% of the planned reduction. a

Banque Cantonale Vaudoise's Value Chain (Scope 3) Emissions Pathway

2022202420302040205000.010.020.020.03Current (-6%)Target 2030 (-42%)Target 2040 (-87%)Target 2050 (-99%)

Does Banque Cantonale Vaudoise have a target to reduce its total carbon footprint?

As of 2024, Banque Cantonale Vaudoise has set a target to reduce its total carbon footprint, specifically those from Scope 1, Scope 2 and Scope 3 sources. a

Banque Cantonale Vaudoise's most ambitious carbon footprint target is to reduce its scope 1, 2 and 3 emissions from a baseline of 6,442 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019, by 35% by 2030. a

As of 2024, Banque Cantonale Vaudoise is ahead of schedule on its total carbon footprint reduction target, having achieved 88.23% of the planned reduction. a

Banque Cantonale Vaudoise's Carbon Footprint (Scope 1+2+3) Emissions Pathway

20192024203002 k4 k6 k8 kBaselineCurrent (-31%)
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