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None of the top 15 Swiss retail banks meet international climate and biodiversity targets, scoring an average of only 2.2 out of 5, according to a WWF Switzerland ranking. Zurich Cantonal Bank leads, while St. Gallen Cantonal Bank and Valiant rank lowest. Despite some progress in risk management and investment advice, efforts remain insufficient, particularly in directing funds toward sustainable initiatives, with a significant focus on the climate sector while neglecting biodiversity and pollution issues.
None of the 15 largest Swiss retail banks meet international climate and biodiversity targets, scoring an average of only 2.2 out of 5 in WWF's environmental ranking. While Zurich Cantonal Bank leads the assessment, significant improvements are needed across the sector, particularly in sustainable financial investments and addressing biodiversity impacts. The banking sector's role in financing and crediting remains crucial for climate and nature protection, yet efforts largely focus on climate without adequately considering other environmental issues.
No Swiss bank meets international climate and biodiversity targets, according to a WWF Switzerland ranking. The largest retail banks scored an average of 2.2 out of 5, with Zurich Cantonal Bank leading. Despite some progress, particularly in credit and financing, efforts remain inadequate, especially regarding biodiversity and environmental impacts.
None of the top 15 Swiss retail banks meet international climate and biodiversity targets, scoring an average of only 2.2 out of 5, according to WWF Switzerland. Zurich Cantonal Bank leads the ranking, while St. Gallen Cantonal Bank and Valiant are at the bottom. Despite some progress in credit and financing, significant challenges remain, particularly in addressing carbon emissions from real estate and the broader impacts on biodiversity and environmental pollution.
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wiss banks fall short on climate and biodiversity targets according to ranking
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08:45 19.11.2024
wiss banks fall short on environmental goals according to wwf ranking
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07:39 19.11.2024
wiss banks fall short on environmental goals according to new ranking
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06:07 19.11.2024
wiss banks fall short on climate and biodiversity targets according to ranking
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01:01 19.11.2024
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