Cembra Money Bank Ltd

Common Name
Cembra Money Bank
Country
Switzerland
Sector
Financial Services
Industry
Banks - Regional
Employees
805
Ticker
CMBN
Exchange
SIX SWISS EXCHANGE
Description
Cembra Money Bank AG is a leading Swiss provider of financial services, primarily specializing in consumer finance. Established in 1912 and headquartered in Zurich, the bank is known for offering a wi...

Cembra Money Bank's Climate Target Data Preview

As of 2023, Cembra Money Bank has disclosed 1 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction target, 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 Cembra Money Bank ’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
Metric Tonnes of CO2 equivalent (mtCO2e)
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2025

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Insights into Cembra Money Bank's Greenhouse Gas Emissions Pathways

As of 2023, Cembra Money Bank has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions.

Does Cembra Money Bank have a target to reduce the emissions from its operations?

As of 2023, Cembra Money Bank has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.

Cembra Money Bank's most ambitious operational target is to reduce these emissions by 75% by 2025, compared to a baseline of 393 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019.

As of 2023, Cembra Money Bank is lagging behind on its operational emissions reduction target, having achieved 34.6% of the planned reduction.

Cembra Money Bank's Operational (Scope 1+2) Emissions Pathway

2019202320250100200300400BaselineCurrent (-26%)Target 2025 (-75%)
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