Julius Baer Group

Asset Management & Custody Banks

BAER.SW

CHF 59 0.55

Share price

$ 13 bn

Market Cap

$ 13 bn

Enterprise Value

Carbon footprint

GHG emissions per $ 1 mln investment

0.01x the weighted average for S&P 500

FY2021

Primary Climate Goal

Proj. YOY change in GHG emissions (Scope 1 + 2)

Stronger than the -8% weighted average for S&P 500

FY2022

Julius Baer Group aims to achieve net zero for Scope 1 + 2 by 2030

This target has not been verified as science based according to SBTi

GHG emissions and Carbon intensity

Julius Baer Group reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 3.6 Kt (-2.3 /-39% y-o-y). Also positively, carbon intensity plunged to 0.9 t (-0.6 /-40% y-o-y).

Julius Baer Group's Scope 3 emissions declined marginally to 2.2 Kt (-0.009 /-0.4% y-o-y). The rate of decline has slowed vs. the previous periods (CAGR -45.5% since 4Q'19).

The company is committed to achieving net zero for Scope 1 + 2 by 2030, which translates into the estimated reduction of -0.4 Kt per annum over the period of FY2022 - FY2030. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Date	Total CO2e emissions (market-based Scope 1 & 2) (Kt)	Scope 1	Scope 2	Scope 3	Revenue (USDm)	Carbon intensity (tons of CO2e) / (USDm)
2021Q4	3.6	2.7	0.95	2.2	4,233	0.9
2020Q4	5.9	2.2	4.3	2.2	3,900	1.5
2019Q4	5	2.1	4.5	14	3,436	1.5
2018Q4	5.1	1.8	3.6	13	3,449	1.5
2017Q4	5.3	1.9	3.4	13
2016Q4	6.2	1.6	4.6	7

Julius Baer Group

Carbon footprint

Primary Climate Goal

Julius Baer Group aims to achieve net zero for Scope 1 + 2 by 2030

GHG emissions and Carbon intensity

Julius Baer Group's carbon footprint

Company environmental metrics