Glarner Kantonalbank

Country
Switzerland
Sector
Financial Services
Industry
Banks - Regional
Employees
272
Ticker
GLKBN
Exchange
SIX SWISS EXCHANGE
Description
Glarner Kantonalbank is a regional banking institution based in Switzerland, categorized within the financial services sector. The bank specializes in traditional banking offerings such as e-banking, ...

Glarner Kantonalbank's GHG Emissions Data Preview

In 2024, Glarner Kantonalbank completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

Glarner Kantonalbank has also provided a category-level breakdown for 2 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Unspecified Calculation Method
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Glarner Kantonalbank’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Glarner Kantonalbank’s data sources below and access millions more through our Disclosure Search.

a. Glarner Kantonalbank's Sustainability Report 2024
a. Glarner Kantonalbank's Sustainability Report 2024

Insights into Glarner Kantonalbank's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Glarner Kantonalbank amounted to 48.3 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Glarner Kantonalbank increased by 3.21%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

Glarner Kantonalbank's Scope 1 Emissions Over Time

2021202220232024020406080tCO2e-4%-25%+3%
  • Total Scope 1
  • Year-over-Year Change

What are Glarner Kantonalbank's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Glarner Kantonalbank were 45.9 metric tons of CO₂ equivalent (tCO₂e). a

Has Glarner Kantonalbank reduced its Scope 1 emissions over time?

Since 2021, Glarner Kantonalbank's Scope 1 emissions have decreased by 25.73%, reflecting a declining long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2023), Glarner Kantonalbank's Scope 1 emissions increased by 2.91%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are Glarner Kantonalbank's Scope 2 emissions?

In 2024, Glarner Kantonalbank reported Scope 2 greenhouse gas (GHG) emissions of 2.4 tCO₂e without specifying the calculation method. a

Has Glarner Kantonalbank reduced its Scope 2 emissions over time?

Since 2021, Glarner Kantonalbank's Scope 2 greenhouse gas (GHG) emissions ( Unspecified Calculation Method) have decreased by 66.2%, reflecting a declining long-term trend in Scope 2 emissions over time. a

Compared to the previous year (2023), Glarner Kantonalbank's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Glarner Kantonalbank 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does Glarner Kantonalbank use for Scope 2 reporting?

In 2024, Glarner Kantonalbank reported its Scope 2 emissions using an unspecified methodology. a

Glarner Kantonalbank's Scope 2 Emissions Over Time

202120222023202402468tCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Glarner Kantonalbank's Value Chain Emissions

In 2024, Glarner Kantonalbank reported 338.4 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2024 disclosure of Glarner Kantonalbank includes a breakdown across 2 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chain a

Glarner Kantonalbank's Scope 3 Emissions Over Time

2021202220232024085170255340tCO2e+8%-14%+345%
  • Total Scope 3
  • Year-over-Year Change

What are Glarner Kantonalbank's Scope 3 emissions?

In 2024, Glarner Kantonalbank reported total Scope 3 emissions of 338.4 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has Glarner Kantonalbank reduced its Scope 3 emissions over time?

Since 2021, Glarner Kantonalbank's Scope 3 emissions have increased by 314.71%, reflecting a rising long-term trend in Scope 3 emissions over time. a

Compared to the previous year (2023), Glarner Kantonalbank's Scope 3 emissions increased by 344.68%, suggesting that the company faced challenges in reducing emissions across its value chain. a

What categories of Scope 3 emissions does Glarner Kantonalbank disclose?

In 2024, Glarner Kantonalbank reported emissions for 2 out of the 15 Scope 3 categories defined by the GHG Protocol. a

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

What are the main sources of Glarner Kantonalbank's Scope 3 emissions?

In 2024, the largest contributors to Glarner Kantonalbank's Scope 3 emissions were: a

  • Employee Commuting (Cat. 7): 207.1 tCO₂e (80.87%)
  • Capital Goods (Cat. 2): 49 tCO₂e (19.13%)

Glarner Kantonalbank's Scope 3 Emissions by Categories

Capital Goods(Cat. 2)(19.1%)Employee Commuting(Cat. 7)(80.9%)

Insights into Glarner Kantonalbank’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Glarner Kantonalbank reported Scope 1 greenhouse gas (GHG) emissions of 45.9 tCO₂e and total revenues of USD 106 millions. This translates into an emissions intensity of 0.43 tCO₂e per millions USD. a

Glarner Kantonalbank's Scope 1 Emissions Intensity Compared to Peers

5505005,00050,000Scope 1 Emissions (tCO2e)202002,00020,000100,000Revenues (Millions of USD)Cembra Money BankYear: 2024Scope 1: 163 tCO2eRevenue: $M 608Scope 1 Intensity: 0.27 tCO2e/$MBellevue GroupYear: 2024Scope 1: 12 tCO2eRevenue: $M 79Scope 1 Intensity: 0.15 tCO2e/$MBanque Cantonale VaudoiseYear: 2024Scope 1: 1,211 tCO2eRevenue: $M 1,259Scope 1 Intensity: 0.96 tCO2e/$MLuzerner KantonalbankYear: 2024Scope 1: 476 tCO2eRevenue: $M 778Scope 1 Intensity: 0.61 tCO2e/$MZuger KantonalbankYear: 2024Scope 1: 124 tCO2eRevenue: $M 357Scope 1 Intensity: 0.35 tCO2e/$MCompagnie Financiere TraditionYear: 2023Scope 1: 367 tCO2eRevenue: $M 1,168Scope 1 Intensity: 0.31 tCO2e/$MPartners Group HoldingYear: 2024Scope 1: 467 tCO2eRevenue: $M 2,229Scope 1 Intensity: 0.21 tCO2e/$MSwiss Life HoldingYear: 2024Scope 1: 5,842 tCO2eRevenue: $M 15,936Scope 1 Intensity: 0.37 tCO2e/$MSwiss ReYear: 2024Scope 1: 1,728 tCO2eRevenue: $M 7,033Scope 1 Intensity: 0.25 tCO2e/$MBasler KantonalbankYear: 2024Scope 1: 286 tCO2eRevenue: $M 728Scope 1 Intensity: 0.39 tCO2e/$MJulius Baer GruppeYear: 2024Scope 1: 2,044 tCO2eRevenue: $M 4,303Scope 1 Intensity: 0.48 tCO2e/$MBanque Cantonale du ValaisYear: 2023Scope 1: 259 tCO2eRevenue: $M 343Scope 1 Intensity: 0.76 tCO2e/$MBerner KantonalbankYear: 2024Scope 1: 570 tCO2eRevenue: $M 621Scope 1 Intensity: 0.92 tCO2e/$MValiant HoldingYear: 2024Scope 1: 1,032 tCO2eRevenue: $M 612Scope 1 Intensity: 1.69 tCO2e/$MGraubuendner KantonalbankYear: 2024Scope 1: 187 tCO2eRevenue: $M 564Scope 1 Intensity: 0.33 tCO2e/$MUBS GroupYear: 2024Scope 1: 18,168 tCO2eRevenue: $M 36,563Scope 1 Intensity: 0.50 tCO2e/$MSt Galler KantonalbankYear: 2024Scope 1: 273 tCO2eRevenue: $M 619Scope 1 Intensity: 0.44 tCO2e/$MVaudoise Assurances HoldingYear: 2023Scope 1: 527 tCO2eRevenue: $M 1,784Scope 1 Intensity: 0.30 tCO2e/$MBanque Cantonale de GeneveYear: 2023Scope 1: 282 tCO2eRevenue: $M 712Scope 1 Intensity: 0.40 tCO2e/$MHelvetia HoldingYear: 2024Scope 1: 8,631 tCO2eRevenue: $M 12,396Scope 1 Intensity: 0.70 tCO2e/$MThurgauer KantonalbankYear: 2024Scope 1: 210 tCO2eRevenue: $M 477Scope 1 Intensity: 0.44 tCO2e/$MChubbYear: 2023Scope 1: 23,017 tCO2eRevenue: $M 49,831Scope 1 Intensity: 0.46 tCO2e/$MGlarner KantonalbankYear: 2024Scope 1: 46 tCO2eRevenue: $M 106Scope 1 Intensity: 0.43 tCO2e/$M

How does Glarner Kantonalbank's GHG emissions intensity compare to its peers?

In 2024, Glarner Kantonalbank reported a Scope 1 emissions intensity of 0.43 tCO₂e per millions USD. Compared to the peer group median of 0.42 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does Glarner Kantonalbank rank on GHG emissions intensity within its industry?

In 2024, Glarner Kantonalbank ranked 12 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

Glarner Kantonalbank is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a

Insights into Glarner Kantonalbank's Total Carbon Footprint

In 2024, Glarner Kantonalbank reported a total carbon footprint of 386.7 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 214.65% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to Glarner Kantonalbank's total carbon footprint was Scope 3 emissions, accounting for 87.51% of the company's total carbon footprint, followed by Scope 1 emissions at 11.87%. a

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