LBP AM
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.
DitchCarbon Score
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.
Industry Average
Mean score of companies in the Services Auxiliary to 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
LBP AM's score of 39 is higher than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.
LBP AM's reported carbon emissions
In 2023, LBP AM reported total carbon emissions of approximately 47,000,000 kg CO2e, comprising 13,856,000 kg CO2e from Scope 1, 1,809,000 kg CO2e from Scope 2, and 31,981,000 kg CO2e from Scope 3 emissions. This represents a reduction in Scope 1 and Scope 2 emissions compared to 2022, where emissions were approximately 17,763,000 kg CO2e and 2,728,000 kg CO2e, respectively. However, Scope 3 emissions saw a slight increase from 31,819,000 kg CO2e in 2022. LBP AM has not disclosed specific reduction targets or initiatives as part of their climate commitments. The absence of documented reduction targets suggests a need for further clarity on their long-term climate strategy. The firm operates within a global context where financial institutions are increasingly held accountable for their carbon footprints, particularly in relation to their investment portfolios.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Get Started| 2021 | 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 |
Industry emissions intensity
Location emissions intensity
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.
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.
