- High threat of cyberattacks.
- Anticipating a large number of early and ordinary retirements over the next ten years.
- Climate-related credit risks (medium to long term).
Aargauische Kantonalbank (AKB)
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Aargauische Kantonalbank (AKB) disclosed greenhouse gas emissions of 460 t CO2e/year. By scope: Scope 1: 63.9 tCO2e/year; Scope 2: 267.1 tCO2e/year; Scope 3: 129.1 tCO2e/year. 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
460 t CO2e/year
2023
Renewable Energy
100% (electricity)
of total energy
Waste
125.6 tons/year
2023
Energy Use
4.5 MWh/year (electricity and heating)
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). | 63.9 tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 267.1 tCO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 129.1 tCO2e/year |
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 | 460 t CO2e/year |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Published Climate Position Paper, laying the foundation for a Climate Strategy to be published in 2024.
- Calculated carbon footprint for the first time, including financed emissions.
- All AKB events for more than 250 participants were climate neutral (emissions offset).
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce water consumption (various initiatives mentioned)
- Roll out energy efficiency advice more widely and gain further experience to optimize effectiveness.
- Complete training and awareness-raising program on responsible data use for all employees.
📅 Medium-term
- Achieve at least CHF 100 million in new AKB green mortgages.
- Increase proportion of women in newly created positions to at least 45%.
🔭 Long-term
- Publish Climate Strategy by end of 2024.
- Net-zero emissions (target mentioned but no specific year given).
🌱 ESG Focus Areas
EnvironmentalSocialGovernance