- Tepid performance from ESG funds and lackluster demand.
- Increasing regulatory complexities.
- Oil and gas producers watering down their climate targets.
- Volatile markets and economic turbulences dampening demand for sustainable investments.
Julius Baer Group Ltd.
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Julius Baer Group Ltd. disclosed greenhouse gas emissions of 12.7K tCO2e. By scope: Scope 1: 2.7K tCO2e; Scope 2: 805 tCO2e; Scope 3: 9.1K tCO2e. 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
12.7K tCO2e
2023
Renewable Energy
100% in Switzerland, other locations use renewable electricity or purchased electricity attribute certificates
of total energy
Water Usage
74.5K m3
2023
Waste
534 tons
2023
Energy Use
35.5K MWh
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). | 2.7K tCO2e |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 805 tCO2e |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 9.1K tCO2e |
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 | 12.7K tCO2e |
| 2022 | 10.0K tCO2e/year |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Moved into more energy-efficient offices in Hong Kong and London.
- Partnership with Swiss International Airlines and Lufthansa Group to purchase sustainable aviation fuel (SAF).
- Near-term climate targets validated by Science Based Targets initiative (SBTi).
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce business travel emissions by 30% by 2025 (compared to 2019 levels).
- Invest 36% of discretionary mandates, trading, treasury, and lending books into companies with SBTi targets by 2025 (aiming for 100% by 2040).
- Reduce mortgage GHG emissions by 57% per m2 by 2030 (compared to 2021 levels).
📅 Medium-term
- Reduce absolute scope 1 and 2 GHG emissions by 90% by 2030 (compared to 2019 levels).
- Achieve net-zero carbon emissions on operations (Scope 1 and 2) by 2030.
🔭 Long-term
- Achieve net-zero emissions on treasury, lending, and mortgage books by 2050.
🌱 ESG Focus Areas
Responsible wealth managementResponsible citizenship