Liechtensteinische Landesbank
Liechtensteinische Landesbank AG (LLB) is a prominent financial institution headquartered in Vaduz, Liechtenstein. Established in 1861, LLB has evolved into a key player in the banking industry, primarily serving clients in private banking, asset management, and corporate banking across Europe and beyond. With a strong focus on wealth management and investment solutions, LLB distinguishes itself through its personalised service and deep understanding of client needs. The bank has achieved significant milestones, including its expansion into international markets and the establishment of subsidiaries in Switzerland and Austria. Recognised for its stability and reliability, Liechtensteinische Landesbank holds a strong market position, consistently ranking among the leading banks in the region. Its commitment to innovation and client satisfaction continues to drive its success in the competitive financial landscape.
DitchCarbon Score
How does Liechtensteinische Landesbank's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Liechtensteinische Landesbank's score of 53 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Liechtensteinische Landesbank's reported carbon emissions
In 2023, Liechtensteinische Landesbank (LLB) reported total carbon emissions of approximately 3,200,900 kg CO2e. This figure includes 125,900 kg CO2e from Scope 1 emissions, 116,400 kg CO2e from Scope 2 emissions, and about 3,224,900 kg CO2e from Scope 3 emissions, which encompasses categories such as business travel and employee commuting. Over the years, LLB has demonstrated a commitment to reducing its carbon footprint. Notably, the bank aims to achieve a 50% reduction in Scope 1 emissions by 2030, targeting a decrease from 224 kg CO2e per MWh to 110 kg CO2e per MWh. This initiative reflects LLB's proactive approach to climate action and aligns with its signing of the Climate Pledge in January 2022, further solidifying its dedication to sustainability. The bank's emissions data from previous years shows a trend of significant Scope 3 emissions, with 2,573,900 kg CO2e reported in 2021 and 3,152,200 kg CO2e in 2022, indicating a focus on addressing indirect emissions associated with its operations. LLB's ongoing efforts and clear reduction targets position it as a responsible player in the financial sector's response to climate change.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 383,600 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 399,900 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 3 | 5,060,300 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Liechtensteinische Landesbank is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
