Zuger Kantonalbank

Country
Switzerland
Sector
Financial Services
Industry
Banks - Regional
Employees
509
Ticker
ZUGER
Exchange
SIX SWISS EXCHANGE
Description
Zuger Kantonalbank is a prominent cantonal bank based in the Swiss canton of Zug. As a regional financial institution, it plays a crucial role in providing comprehensive banking services to individual...

Zuger Kantonalbank's GHG Emissions Data Preview

In 2024, Zuger 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).

Zuger 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
Market-Based
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Location-Based
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Unspecified Calculation Method
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b
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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 Zuger 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 Zuger Kantonalbank’s data sources below and access millions more through our Disclosure Search.

a. Zuger Kantonalbank's Sustainability Report 2024
a. Zuger Kantonalbank's Sustainability Report 2024
b. Zuger Kantonalbank's Sustainability Report 2023
b. Zuger Kantonalbank's Sustainability Report 2023

Insights into Zuger Kantonalbank's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Zuger Kantonalbank amounted to 137 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 Zuger Kantonalbank decreased by 3.52%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Zuger Kantonalbank's Scope 1 Emissions Over Time

20222023202404080120160tCO2e-15%-3%
  • Total Scope 1
  • Year-over-Year Change

What are Zuger Kantonalbank's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Zuger Kantonalbank were 124 metric tons of CO₂ equivalent (tCO₂e). a

Has Zuger Kantonalbank reduced its Scope 1 emissions over time?

Since 2022, Zuger Kantonalbank's Scope 1 emissions have decreased by 17.88%, reflecting a declining long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2023), Zuger Kantonalbank's Scope 1 emissions decreased by 3.13%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Zuger Kantonalbank's Scope 2 emissions?

In 2024, Zuger Kantonalbank reported Scope 2 greenhouse gas (GHG) emissions of 13 tCO₂e using the market-based method. a

Has Zuger Kantonalbank reduced its Scope 2 emissions over time?

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

What methodology does Zuger Kantonalbank use for Scope 2 reporting?

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

Zuger Kantonalbank's Scope 2 Emissions Over Time

2022202320240481216tCO2e
  • Total Scope 2 Market-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Zuger Kantonalbank's Value Chain Emissions

In 2024, Zuger Kantonalbank reported 139,331 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 Zuger Kantonalbank includes a breakdown across 2 of the 15 Scope 3 categories defined by the GHG Protocol, up from 1 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chain a

Zuger Kantonalbank's Scope 3 Emissions Over Time

202220232024085 k170 k255 k340 ktCO2e-100%+115050%
  • Total Scope 3
  • Year-over-Year Change

What are Zuger Kantonalbank's Scope 3 emissions?

In 2024, Zuger Kantonalbank reported total Scope 3 emissions of 139,331 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 0.09% of these emissions originated from upstream activities such as purchased goods and capital goods, while 99.91% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has Zuger Kantonalbank reduced its Scope 3 emissions over time?

Since 2022, Zuger Kantonalbank's Scope 3 emissions have decreased by 57.79%, reflecting a declining long-term trend in Scope 3 emissions over time. a b

Compared to the previous year (2023), Zuger Kantonalbank's Scope 3 emissions increased by 115,049.59%, suggesting that the company faced challenges in reducing emissions across its value chain. a

What categories of Scope 3 emissions does Zuger Kantonalbank disclose?

In 2024, Zuger 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 Zuger Kantonalbank's Scope 3 emissions?

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

  • Investments (Cat. 15): 139,207 tCO₂e (99.91%)
  • Business Travel (Cat. 6): 124 tCO₂e (0.09%)

Zuger Kantonalbank's Scope 3 Emissions by Categories

Investments(Cat. 15)(99.9%)

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

In 2024, Zuger Kantonalbank reported Scope 1 greenhouse gas (GHG) emissions of 124 tCO₂e and total revenues of USD 357 millions. This translates into an emissions intensity of 0.35 tCO₂e per millions USD. a

Zuger Kantonalbank's Scope 1 Emissions Intensity Compared to Peers

202001,00010,00050,000Scope 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: $M 778Scope 1 Intensity: 0.61 tCO2e/$MVontobel HoldingYear: 2024Scope 1: 308 tCO2eRevenue: $M 1,567Scope 1 Intensity: 0.20 tCO2e/$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: $M 12,396Scope 1 Intensity: 0.70 tCO2e/$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: $M 49,831Scope 1 Intensity: 0.46 tCO2e/$MZuger KantonalbankYear: 2024Scope 1: 124 tCO2eRevenue: $M 357Scope 1 Intensity: 0.35 tCO2e/$M

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

In 2024, Zuger Kantonalbank reported a Scope 1 emissions intensity of 0.35 tCO₂e per millions USD. Compared to the peer group median of 0.44 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

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

In 2024, Zuger Kantonalbank ranked 8 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

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

Insights into Zuger Kantonalbank's Total Carbon Footprint

In 2024, Zuger Kantonalbank reported a total carbon footprint of 139,468 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 52,929.66% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to Zuger Kantonalbank's total carbon footprint was Scope 3 emissions, accounting for 99.9% of the company's total carbon footprint, followed by Scope 1 emissions at 0.09%. a

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