LBP AM, also known as LBP Asset Management, is a prominent player in the financial services industry, headquartered in Italy. Founded in 2005, the company has established itself as a leader in asset management, focusing on innovative investment solutions tailored to meet the diverse needs of its clients across Europe and beyond. With a strong emphasis on sustainable investing, LBP AM offers a range of core services, including portfolio management and advisory services, distinguished by their commitment to responsible investment practices. The firm has achieved notable milestones, including recognition for its performance in ESG (Environmental, Social, and Governance) criteria, positioning it as a trusted partner for investors seeking both financial returns and positive societal impact. As a forward-thinking asset management firm, LBP AM continues to enhance its market position through strategic partnerships and a robust investment philosophy, making it a key player in the evolving landscape of asset management.
How does LBP AM'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 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.
LBP AM's score of 39 is higher than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, LBP AM reported total carbon emissions of approximately 13,856,000 kg CO2e for Scope 1, 1,809,000 kg CO2e for Scope 2, and 31,981,000 kg CO2e for Scope 3 emissions. This reflects a significant reduction in Scope 1 emissions from about 17,763,000 kg CO2e in 2022 and 19,486,000 kg CO2e in 2021. Scope 2 emissions also decreased from approximately 2,468,000 kg CO2e in 2021 and 2,728,000 kg CO2e in 2022. Despite these reductions, LBP AM has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The company continues to monitor and report its emissions, demonstrating a commitment to transparency in its climate impact.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2021 | 2022 | 2023 | |
---|---|---|---|
Scope 1 | 19,486,000 | 00,000,000 | 00,000,000 |
Scope 2 | 2,466,000 | 0,000,000 | 0,000,000 |
Scope 3 | 31,026,000 | 00,000,000 | 00,000,000 |
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.
LBP AM is not committed to any reduction initiatives 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.