Valiant Holding AG

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023, 2022, 2021

In its 2023 reporting, Valiant Holding AG disclosed greenhouse gas emissions of 2.6K t CO2e. By scope: Scope 1: 934 t CO2e; Scope 2: 292 t CO2e; Scope 3: 1.4K t CO2e. 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
2.6K t CO2e
2023
💧
Water Usage
13.0K m³
2023
⚙️
Energy Use
7.6M kWh
2023

📊 Emissions by Scope (2023)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).934 t CO2e
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.292 t CO2e
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).1.4K t CO2e

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
20232.6K t CO2e
2022See 2022 Annual Report, page 69 (Scope 1, 2, and 3)
20212.6K tCO2e

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

📅 Medium-term

  • Define a specific reduction target for operational emissions (by summer 2024).

🔭 Long-term

  • Become climate-neutral.

🌱 ESG Focus Areas

EnvironmentSocialGovernance

⚠️ Challenges & Risks +

  • Data quality varies from canton to canton for energy efficiency data.
  • Insufficient consideration of stakeholder interests and sustainability aspects within the risk and lending policy may result in Valiant becoming less competitive and potentially losing clients.
  • Potential for instances of corruption to occur within the company and within the supply chain.
  • Lack of comprehensibility or transparency within the financial products and services offered as well as a failure to provide objective advice may undermine clients’ confidence in Valiant and the banking sector and lead to uncertainty.
  • Failure to advise or inform clients appropriately may jeopardize client relationships and in turn have a negative impact on Valiant’s economic success.
  • Any misconduct in relation to the handling of data belonging to clients or the bank, or any security gaps, may result in confidential data ending up in unauthorized hands or being publicly disclosed.
  • Financing provided by Valiant may have a negative impact on social and environmental aspects, despite the exclusion criteria and other targeted action.
  • Our clients’ carefully selected investments may have negative impacts on other social and environmental aspects that were not considered, despite having applied Valiant’s sustainable investment methodology as well as other targeted action.
  • If a climate-centred adjustment strategy for products and services with a long-term focus is not adequately planned for and implemented, the risk for Valiant is that short-term adjustments may give right to high costs and have a negative impact on the quality of Valiant’s service as well as its profitability.
  • Despite flexible working arrangements and conditions there is a risk that employees experience a work overload and reduced work-life balance. This can increase employee absence.

📋 Report Information

Reporting Period: 2023
Frameworks: GRI S 2021, TCFD
Assurance: true&fair.expert