Sustainability Report
Our reports with sustainability and climate focuses show how we live sustainability as an integrated business principle.
Annual Report
This annual report comprises the management report, the corporate governance report, the compensation report and the financial statements of the Zürcher Kantonalbank group and its parent company. Additionally, the management report includes the focus report on the public service mandate for the attention of the Parliamentary Committee for the Supervision of Commercial Undertakings (AWU) of the Cantonal Parliament.
The public service mandate comprises not only the support mandate, but also the service mandate and the sustainability mandate. In addition, selected sustainability topics that are particularly relevant to the public service mandate for the 2024 financial year are also presented separately in the Annual Report 2024. A summary of the “Disclosure of climate-related financial risks 2024” is also included.
Annual Report 2024 (PDF, 2 MB)
Sustainability Report (including climate reporting)
The sustainability report is the report on non-financial matters pursuant to Article 964a et seq. of the Swiss Code of Obligations. It was prepared in accordance with the GRI Standards.
Sustainability Report 2024 (PDF, 1 MB)
Extract from the Sustainability Report on climate issues
The 2024 climate reporting is in accordance with the Ordinance on Climate Disclosures, which is based on the Recommendations of the Task Force on Climate-related Financial Disclosures (TCFD) in the version dated June 2017 and the annex Implementing the Recommendations of the Task Force on Climate-related Financial Disclosures in the version dated October 2021.
The ordinance stipulates that climate reporting must be published in the sustainability report. It contains qualitative and quantitative information on climate risks and opportunities, and implements the requirements of the Net-Zero Banking Alliance (NZBA) and the Net Zero Asset Managers Initiative (NZAM).
Extract from the Sustainability Report on climate issues (PDF, 768 KB)
Disclosure of climate-related financial risks
The bank discloses climate-related financial risks in accordance with the requirements of the Swiss Financial Market Supervisory Authority FINMA, which, in turn, aligns with the TCFD’s recommendations. The requirements set out in FINMA Circular 2016 / 1 “Disclosure – banks” are relevant for the disclosure as at 31 December 2024. This will be replaced as of 1 January 2025 by the FINMA Ordinance on the Disclosure Obligations of Banks and Securities Firms (DisO-FINMA), without any significant changes to the content. The information on climate-related financial risks as at 31 December 2024 in accordance with Annex 5 of the Circular is part of the document “Quantitative and qualitative disclosure of capital, liquidity and climate-related financial risks”, which will be available from the end of April 2025 at zkb.ch/disclosure.
UN Principles for Responsible Banking (UN PRB)
In 2021, Zürcher Kantonalbank joined the United Nations Principles for Responsible Banking (UN PRB). This voluntary initiative obliges participants to conduct an annual self-assessment of their progress in implementing the principles.
Download 1. UN PRB-Reporting and Self-Assessment (PDF, 328 KB)
Download 2. UN PRB-Reporting and Self-Assessment (PDF, 303 KB)