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 51 is higher than 71% 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 total carbon emissions of approximately 4,136,000 kg CO2e. This includes Scope 1 emissions of about 1,735,000 kg CO2e, primarily from mobile combustion (1,121,000 kg CO2e) and stationary combustion (614,000 kg CO2e). Scope 2 emissions were reported at approximately 12,000 kg CO2e, while Scope 3 emissions accounted for a significant 4,123,562,000 kg CO2e, with the largest contributions from investments (4,105,938,000 kg CO2e) and employee commuting (2,193,000 kg CO2e). In 2023, BIL's emissions in Luxembourg totalled approximately 14,203,000 kg CO2e, with Scope 1 emissions at about 1,482,000 kg CO2e and Scope 2 emissions at 307,000 kg CO2e. The Scope 3 emissions for the same year were around 12,415,000 kg CO2e. BIL has not set specific reduction targets or climate pledges, and their emissions data is cascaded from their parent company, Banque Internationale à Luxembourg S.A. This data reflects their commitment to transparency in reporting emissions across all scopes, aligning with industry standards for climate accountability.
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 | 
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 "Investments" being the largest emissions source at 100% of Scope 3 emissions.
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.
