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St Galler Kantonalbank AG

Common Name
St Galler Kantonalbank
Country
Switzerland
Sector
Financial Services
Industry
Banks - Regional
Employees
910
Ticker
SGKN
Exchange
SIX Swiss Exchange
Description
St. Galler Kantonalbank AG is a prominent cantonal bank headquartered in St. Gallen, Switzerland, founded in 1868 to bolster the local economy through comprehensive financial services. Wholly owned by...

St Galler Kantonalbank's Climate Target Data Preview

As of 2025, St Galler Kantonalbank has disclosed 5 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction target and 4 intensity-based 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 St Galler Kantonalbank'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)
-89%a
2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2)
-34%a
2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2)
-33%a
2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2)
-93%a
2050
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2)
-94%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 St Galler Kantonalbank’s Climate Targets Data

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a. St Galler Kantonalbank's Annual Report 2025

Insights into St Galler Kantonalbank's Greenhouse Gas Emissions Pathways

As of 2025, St Galler Kantonalbank has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.a

Does St Galler Kantonalbank have a target to reduce the emissions from its operations?

As of 2025, St Galler Kantonalbank has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.a

St Galler Kantonalbank's most ambitious operational target is to reduce these emissions by 88.64% by 2030, compared to a baseline of 440 Metric Tonnes of CO2 equivalent (mtCO2e) in 2021.a

As of 2025, St Galler Kantonalbank is lagging behind on its operational emissions reduction target, having achieved 37.95% of the planned reduction.a

St Galler Kantonalbank's Operational (Scope 1+2) Emissions Pathway

2021202520300150300450600BaselineCurrent (-34%)Target 2030 (-89%)

Does St Galler Kantonalbank have a target to reduce the emissions from its value chain?

As of 2025, St Galler Kantonalbank 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

St Galler Kantonalbank's most ambitious value chain target is to reduce these emissions by 93.82% by 2050, compared to a baseline of 0.028 Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2) in 2024.a

As of 2025, St Galler Kantonalbank is on track to meet its value chain emissions reduction target, having achieved 3.88% of the planned reduction.a

St Galler Kantonalbank's Value Chain (Scope 3) Emissions Pathway

202420252030205000.010.010.020.03Current (-4%)Target 2030 (-33%)Target 2050 (-94%)
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