- Climate change impacts on Valais, particularly natural hazards.
- Transition risks related to mortgages and energy sources.
- Cybersecurity risks associated with remote work and digitalization.
Banque Cantonale du Valais (BCVS)
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Banque Cantonale du Valais (BCVS) disclosed greenhouse gas emissions of 836 tCO2e/year (2022). By scope: Scope 1: 276 tCO2e/year (2022); Scope 2: 10 tCO2e/year (2022); Scope 3: 550 tCO2e/year (2022). Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
836 tCO2e/year (2022)
2023
Renewable Energy
59% (2022)
of total energy
Water Usage
6'031 m3/year (2022)
2023
Waste
46'170 kg/year (Sion site, 2022)
2023
Energy Use
3'284'290 kWh/year (2022)
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 276 tCO2e/year (2022) |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 10 tCO2e/year (2022) |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 550 tCO2e/year (2022) |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 836 tCO2e/year (2022) |
| 2022 | 870 tCO2e/year (2021) |
| 2021 | 667 tons CO2e in 2020 |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced CO2 emissions by nearly 29% between 2019 and 2022.
- Reduced paper consumption by 13% and waste by 20%.
- Purchased two electric vehicles.
- Replaced gas heating with district heating at the bank's headquarters.
- Replaced oil heating with pellet heating at La Souste site.
- Renovated Brigue branch, switching from oil to a heat pump.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce employee absenteeism by 10% by 2025 (compared to 2021).
📅 Medium-term
- Increase the proportion of women among managers to 30% by 2025.
- Reduce overall greenhouse gas emissions by 35% by 2030 (compared to 2019).
🔭 Long-term
- Achieve net-zero emissions.
🌱 ESG Focus Areas
EnvironmentEmployerFinance and ProductsRegional Anchoring