Basler Kantonalbank
Basler Kantonalbank
Güterstrasse 127 4053 Basel Schweiz www.bkb.ch |
|
Category |
Member |
Member type |
Bank / Universal bank |
Contact person |
Sarah el Jaddar sarah.eljaddar@bkb.ch |
Type of activity in sustainable finance |
Sustainable funds, Sustainable lending, ESG integration in asset management, Other services related to sustainable finance |
General description of organisation
Since its foundation in 1899, BKB has been deeply rooted in the Basel region. It positions itself for its private clients as the bank of Basel for Basel; but as a universal bank it is active for its corporate and institutional clients throughout Switzerland. BKB is majority-owned by the Canton of Basel-Stadt and has a state guarantee that is compensated to the Canton. The owner strategy sets the strategic guidelines and requires above-average equity capitalisation and liquidity, which is why BKB is one of the safest banks in the country with an AA+ rating from S&P. Moreover, sustainability has
Reason for membership with SSF
Sustainability is a central concern in the Group and an integral part of its strategy. For more than a decade, BKB has thus been working intensively on the question of how to improve its banking operations and the services it is offering to clients from an ecological, social and societal standpoint. The BKB achieved climate neutrality in 2018 and since 2021 it compensates the carbon emissions of the operations with the ‘Frenkentäler’ forest climate protection project, which is implemented in the region of Basel. The company strategy defined several areas in which it wants to intensify its eff