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.
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.
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.
Banque Internationale A Luxembourg's score of 68 is higher than 83% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Banque Internationale A Luxembourg (BIL) reported significant carbon emissions, totalling approximately 4,136,000,000 kg CO2e globally. This 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 notably high at approximately 4,123,562,000 kg CO2e, with the majority stemming from investments (4,105,938,000 kg CO2e) and employee commuting (2,193,000 kg CO2e). In 2023, BIL's emissions in Luxembourg reached about 14,203,000 kg CO2e, with Scope 1 emissions at 1,482,000 kg CO2e, Scope 2 emissions at 307,000 kg CO2e, and Scope 3 emissions at approximately 12,415,000 kg CO2e. The bank's global emissions for the same year were reported at approximately 3,966,432,000 kg CO2e, with similar distribution across the scopes. 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 climate commitments and strategies remain vague, with no specific pledges or initiatives outlined in the available data. The bank's emissions profile highlights the need for enhanced transparency and actionable climate strategies to address its significant carbon footprint.
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 | 00,000 | 00,000 |
Scope 3 | 4,190,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
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.
Banque Internationale A Luxembourg 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.