Sustainability Report

Overview

The report describes Commercial Bank's 2024 sustainability progress, including a target to reduce greenhouse gas emissions from its own operations by 25% by 2030 against a 2021 baseline. It highlights the Bank's inaugural CHF 225 million Green Bond issued under its Sustainable Finance Framework. Operational initiatives expanded solar panels from one branch to 11 branches, increasing solar generation to 169,005 kWh in 2024. Sustainability governance is assigned to a board-level committee, while KPMG provided limited assurance over Scope 1 and Scope 2 emissions.

Document

Report type: Sustainability Report
Class: Dedicated
Scope: Full report
Fiscal year: 2024
Period: 1 January 2024 – 31 December 2024
Language: English
Pages
File size
Restatement: Disclosed

Standards

Other

Commitments

UN Global Compact
UN Guiding Principles
Science Based Targets initiative

Materiality

Assessment
Basis
Matrix

Assurance

Provider
Level
Standard
Scope
Statement included
Metrics assured

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