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Financial Intermediation
SE
updated 9 days ago

Länsförsäkringar Bank AB (publ)

Company website

Länsförsäkringar Bank AB (publ), commonly referred to as Länsförsäkringar, is a prominent financial institution headquartered in Sweden. Established in 1996, the bank operates primarily in the Swedish market, providing a comprehensive range of banking and insurance services. Its core offerings include personal banking, savings accounts, loans, and insurance products, all designed to meet the diverse needs of its customers. Länsförsäkringar stands out in the industry due to its unique cooperative structure, which allows it to prioritise customer interests and community engagement. The bank has achieved significant milestones, including a strong market position as one of Sweden's leading banks, recognised for its customer satisfaction and innovative financial solutions. With a commitment to sustainability and local development, Länsförsäkringar continues to play a vital role in the Swedish financial landscape.

DitchCarbon Score

How does Länsförsäkringar Bank AB (publ)'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.

56

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.

30

Industry Benchmark

Länsförsäkringar Bank AB (publ)'s score of 56 is higher than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.

75%

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Länsförsäkringar Bank AB (publ)'s reported carbon emissions

Inherited from Länsförsäkringar AB (publ)

Länsförsäkringar Bank AB (publ) currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. The bank is a current subsidiary of Länsförsäkringar AB (publ), which may influence its climate commitments and initiatives. While there are no documented reduction targets or specific climate pledges from Länsförsäkringar Bank AB (publ), emissions data and performance metrics are cascaded from its parent company, Länsförsäkringar AB (publ). This relationship may provide insights into broader sustainability efforts within the corporate family, although specific figures and targets are not disclosed at this level. In the context of the financial services industry, Länsförsäkringar Bank AB (publ) is expected to align with industry standards for climate action, potentially engaging in initiatives such as the Carbon Disclosure Project (CDP) through its parent company. However, without explicit data or commitments, the bank's current climate impact and future goals remain unspecified.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

202220232024
Scope 1
96,100
000,000
000,000
Scope 2
63,200
000,000
000,000
Scope 3
5,037,500
00,000,000
00,000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Länsförsäkringar Bank AB (publ)'s primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Länsförsäkringar Bank AB (publ) is in SE, which has a very low grid carbon intensity relative to other regions.

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.

Länsförsäkringar Bank AB (publ) 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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