Banque Internationale A Luxembourg Sustainability Profile
Banque Internationale à Luxembourg (BIL) is a prominent financial institution headquartered in Luxembourg (LU), with a strong presence across Europe and beyond. Established in 1856, BIL has evolved into a key player in the banking industry, offering a diverse range of services including retail banking, private banking, and corporate banking. The bank is renowned for its commitment to personalised customer service and innovative financial solutions, catering to both individual and institutional clients. BIL's core products, such as investment management and wealth advisory services, are distinguished by their tailored approach and deep market insights. With a rich history marked by significant milestones, BIL has solidified its market position as a trusted partner in the financial sector, consistently achieving recognition for its excellence in service delivery and client satisfaction.
DitchCarbon Score
How does Banque Internationale A Luxembourg'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
Banque Internationale A Luxembourg's score of 60 is higher than 76% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Banque Internationale A Luxembourg's reported carbon emissions
In 2024, Banque Internationale à Luxembourg (BIL) reported total carbon emissions of approximately 4,127,628,000 kg CO2e. This figure includes 1,735,000 kg CO2e from Scope 1 emissions, primarily from mobile combustion (1,121,000 kg CO2e) and stationary combustion (614,000 kg CO2e). Scope 2 emissions accounted for about 12,000 kg CO2e, while Scope 3 emissions were significantly higher at approximately 4,123,562,000 kg CO2e, with major contributions from purchased goods and services (11,385,000 kg CO2e) and employee commuting (2,193,000 kg CO2e). In 2023, BIL's emissions in Luxembourg totalled around 14,203,000 kg CO2e, with Scope 1 emissions at 1,482,000 kg CO2e, Scope 2 emissions at approximately 307,000 kg CO2e, and Scope 3 emissions reaching about 12,415,000 kg CO2e. The bank's global emissions for the same year were reported at approximately 4,105,938,000 kg CO2e. Despite the substantial emissions figures, BIL has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or SBTi commitments. The emissions data is cascaded from its parent company, Banque Internationale à Luxembourg S.A., reflecting the bank's current subsidiary status within the corporate family. BIL's emissions profile highlights the significant impact of Scope 3 emissions, which are often the most challenging to manage. The bank's commitment to addressing climate change remains to be clearly defined through specific reduction initiatives or pledges.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | 995,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 911,000 | 000,000 | 000,000 | - |
| Scope 3 | 4,190,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
How Carbon Intensive is Banque Internationale A Luxembourg's Industry?
How Carbon Intensive is Banque Internationale A Luxembourg's Location?
Banque Internationale A Luxembourg's Scope 3 Categories Breakdown
Banque Internationale A Luxembourg's Scope 3 emissions, which increased by 4% last year and increased significantly since 2021, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with detailed category breakdown helping identify key emission sources across their value chain.
Top Scope 3 Categories
Banque Internationale A Luxembourg's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Banque Internationale A Luxembourg has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
