St Galler Kantonalbank AG

Common Name
St Galler Kantonalbank
Country
Switzerland
Sector
Financial Services
Industry
Banks - Regional
Employees
1,422
Ticker
SGKN
Exchange
SIX SWISS EXCHANGE
Description
St. Galler Kantonalbank AG is a Swiss universal bank headquartered in St. Gallen, Switzerland, founded in 1868. Its primary function is to offer a comprehensive suite of banking and financial services...

St Galler Kantonalbank's GHG Emissions Data Preview

In 2024, St Galler 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).

However, St Galler Kantonalbank has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Unspecified Calculation Method
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0000000
Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind St Galler 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 St Galler Kantonalbank’s data sources below and access millions more through our Disclosure Search.

a. St Galler Kantonalbank's Annual Report 2024
a. St Galler Kantonalbank's Annual Report 2024
b. St Galler Kantonalbank's Sustainability Report 2023
b. St Galler Kantonalbank's Sustainability Report 2023

Insights into St Galler Kantonalbank's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of St Galler Kantonalbank amounted to 321 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 St Galler Kantonalbank decreased by 10.08%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

St Galler Kantonalbank's Scope 1 Emissions Over Time

2019202020212022202320240200400600800tCO2e-48%+5%-11%-7%-10%
  • Total Scope 1
  • Year-over-Year Change

What are St Galler Kantonalbank's Scope 1 emissions?

In 2024, the total Scope 1 emissions of St Galler Kantonalbank were 273 metric tons of CO₂ equivalent (tCO₂e). a

Has St Galler Kantonalbank reduced its Scope 1 emissions over time?

Since 2019, St Galler Kantonalbank's Scope 1 emissions have decreased by 58.76%, reflecting a declining long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2023), St Galler Kantonalbank's Scope 1 emissions decreased by 9.6%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are St Galler Kantonalbank's Scope 2 emissions?

In 2024, St Galler Kantonalbank reported Scope 2 greenhouse gas (GHG) emissions of 48 tCO₂e using the market-based method. a

Has St Galler Kantonalbank reduced its Scope 2 emissions over time?

Compared to the previous year (2023), St Galler Kantonalbank's Scope 2 emissions (Market-Based) fell by 12.73% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. a

What methodology does St Galler Kantonalbank use for Scope 2 reporting?

In 2024, St Galler Kantonalbank reported its Scope 2 emissions using the market-based method. a

St Galler Kantonalbank's Scope 2 Emissions Over Time

201920202021202220232024020406080tCO2e
  • Total Scope 2 Market-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into St Galler Kantonalbank's Value Chain Emissions

In 2024, St Galler Kantonalbank reported 2,262 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 St Galler Kantonalbank includes a breakdown across 0 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

St Galler Kantonalbank's Scope 3 Emissions Over Time

20192020202120222023202406001.2 k1.8 k2.4 ktCO2e-14%-7%+23%+359%-1%
  • Total Scope 3
  • Year-over-Year Change

What are St Galler Kantonalbank's Scope 3 emissions?

In 2024, St Galler Kantonalbank reported total Scope 3 emissions of 2,262 metric tons of CO₂ equivalent (tCO₂e). a

Has St Galler Kantonalbank reduced its Scope 3 emissions over time?

Since 2019, St Galler Kantonalbank's Scope 3 emissions have increased by 347.04%, reflecting a rising long-term trend in Scope 3 emissions over time. a b

Compared to the previous year (2023), St Galler Kantonalbank's Scope 3 emissions remained relatively stable, indicating that St Galler Kantonalbank 's emissions have plateaued with no significant change in its value chain footprint. a

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

In 2024, St Galler Kantonalbank reported Scope 1 greenhouse gas (GHG) emissions of 273 tCO₂e and total revenues of USD 619 millions. This translates into an emissions intensity of 0.44 tCO₂e per millions USD. a

St Galler Kantonalbank's Scope 1 Emissions Intensity Compared to Peers

2202005,00050,000Scope 1 Emissions (tCO2e)502002,00020,000100,000Revenues (Millions of USD)Cembra Money BankYear: 2024Scope 1: 163 tCO2eRevenue: $M 608Scope 1 Intensity: 0.27 tCO2e/$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: $M 36,563Scope 1 Intensity: 0.50 tCO2e/$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: $M 12,396Scope 1 Intensity: 0.70 tCO2e/$MGlarner KantonalbankYear: 2024Scope 1: 46 tCO2eRevenue: $M 106Scope 1 Intensity: 0.43 tCO2e/$MThurgauer KantonalbankYear: 2024Scope 1: 210 tCO2eRevenue: $M 477Scope 1 Intensity: 0.44 tCO2e/$MChubbYear: 2023Scope 1: 23,017 tCO2eRevenue: $M 49,831Scope 1 Intensity: 0.46 tCO2e/$MLeonteqYear: 2024Scope 1: 2 tCO2eRevenue: $M 236Scope 1 Intensity: 0.01 tCO2e/$MSt Galler KantonalbankYear: 2024Scope 1: 273 tCO2eRevenue: $M 619Scope 1 Intensity: 0.44 tCO2e/$M

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

In 2024, St Galler Kantonalbank reported a Scope 1 emissions intensity of 0.44 tCO₂e per millions USD. Compared to the peer group median of 0.41 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

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

In 2024, St Galler Kantonalbank ranked 14 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

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

Insights into St Galler Kantonalbank's Total Carbon Footprint

In 2024, St Galler Kantonalbank reported a total carbon footprint of 2,583 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 1.94% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output. a

The largest contributor to St Galler Kantonalbank's total carbon footprint was Scope 3 emissions, accounting for 87.57% of the company's total carbon footprint, followed by Scope 1 emissions at 10.57%. a

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