Lanka Credit and Business Finance PLC Sustainability Profile
Lanka Credit and Business Finance PLC, commonly referred to as LCB Finance, is a prominent financial institution headquartered in Colombo, Sri Lanka. Established in 2001, the company has made significant strides in the finance sector, focusing on providing innovative financial solutions across the island. Operating primarily in the non-banking financial services industry, LCB Finance offers a diverse range of products, including leasing, hire purchase, and personal loans, tailored to meet the unique needs of its clients. The company is recognised for its customer-centric approach and competitive interest rates, positioning itself as a trusted partner for individuals and businesses alike. With a strong market presence and a commitment to excellence, Lanka Credit and Business Finance PLC continues to achieve notable milestones, solidifying its reputation as a leader in the financial services landscape of Sri Lanka.
DitchCarbon Score
How does Lanka Credit and Business Finance PLC'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
Lanka Credit and Business Finance PLC's score of 17 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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Lanka Credit and Business Finance PLC's reported carbon emissions
Lanka Credit and Business Finance PLC currently does not have available carbon emissions data for the most recent year, as indicated by the absence of specific figures. The company is classified as a current subsidiary and does not inherit emissions data from a parent organization. In terms of climate commitments, there are no documented reduction targets or initiatives such as Science-Based Targets Initiative (SBTi) or other climate pledges. This lack of specific commitments suggests that Lanka Credit and Business Finance PLC may still be in the early stages of developing a comprehensive climate strategy. As a financial institution, the company operates within an industry that is increasingly focusing on sustainability and carbon reduction. However, without specific emissions data or reduction initiatives, it is challenging to assess their current impact or future commitments in relation to climate change.
How Carbon Intensive is Lanka Credit and Business Finance PLC's Industry?
How Carbon Intensive is Lanka Credit and Business Finance PLC's Location?
Lanka Credit and Business Finance PLC'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.
Lanka Credit and Business Finance PLC 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.
