Cembra Money Bank AG 2024 AR2
The report highlights Cembra's strategic transformation and solid financial performance in 2024, with net revenues increasing by 7% to CHF 550.5 million and net income rising to CHF 170.4 million. In sustainability, the company achieved a 42% reduction in Scope 1 and 2 emissions, driven by an increased share of electric vehicles in its fleet and low-carbon heating at its headquarters. Cembra was recertified as a 'Great Place to Work' with an employee trust index of 72% and maintained its AAA rating from MSCI ESG Research. Additionally, the company refined its climate-related risks and opportunities in alignment with the TCFD framework and established a roadmap to achieve net-zero carbon emissions by 2050.
Company: Cembra Money Bank AG
Sector: Financials
Country: Switzerland
Year: 2024
Type: AR2
Pages: 231
Cembra Money Bank AG
Annual Report
The report highlights Cembra's strategic transformation and solid financial performance in 2024, with net revenues increasing by 7% to CHF 550.5 million and net income rising to CHF 170.4 million. In sustainability, the company achieved a 42% reduction in Scope 1 and 2 emissions, driven by an increased share of electric vehicles in its fleet and low-carbon heating at its headquarters. Cembra was recertified as a 'Great Place to Work' with an employee trust index of 72% and maintained its AAA rating from MSCI ESG Research. Additionally, the company refined its climate-related risks and opportunities in alignment with the TCFD framework and established a roadmap to achieve net-zero carbon emissions by 2050.
Sign in for free to access detailed sustainability data, reporting standards, and ESG metrics.
Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Water Consumption
Total Waste
Women on Board
Women in Management
Net Zero Target
Employees