AS LHV Group
AS LHV Group, headquartered in Estonia (EE), is a prominent player in the financial services industry, specialising in banking, investment, and asset management. Founded in 1999, LHV has established itself as a key provider of innovative financial solutions, catering primarily to the Estonian market while also expanding its reach across the Baltic region. The company offers a range of unique products and services, including retail banking, investment services, and pension funds, distinguished by their customer-centric approach and advanced digital platforms. LHV Group has achieved significant milestones, such as becoming the first domestic bank to list on the Tallinn Stock Exchange, solidifying its market position as a trusted financial partner. With a commitment to fostering financial independence, LHV continues to drive growth and innovation in the Estonian financial landscape.
DitchCarbon Score
How does AS LHV Group'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
AS LHV Group's score of 18 is lower than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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AS LHV Group's reported carbon emissions
In 2022, AS LHV Group reported carbon emissions of approximately 567,000 kg CO2e from Scope 2 and a significant 562,506,000 kg CO2e from Scope 3 investments. This data highlights the company's substantial indirect emissions, primarily associated with its investment activities. In 2021, the company recorded Scope 2 emissions of about 445,000 kg CO2e, indicating an increase in emissions in the following year. AS LHV Group has not disclosed any Scope 1 emissions data, and there are currently no specific reduction targets or climate pledges outlined in their reports. The absence of formal reduction initiatives suggests that while the company is aware of its emissions profile, it has yet to establish concrete commitments to reduce its carbon footprint. The emissions data is not cascaded from any parent organisation, indicating that AS LHV Group is independently reporting its emissions. The company continues to engage with industry standards and practices, but further details on specific climate commitments or reduction strategies are not available at this time.
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| 2021 | 2022 | |
|---|---|---|
| Scope 1 | - | - |
| Scope 2 | 445,000 | 000,000 |
| Scope 3 | - | 000,000,000 |
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.
AS LHV Group is not participating in any 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.
