Lh Financial Group Pcl Sustainability Profile
Lh Financial Group Pcl, commonly referred to as Lh Financial, is a prominent financial services provider headquartered in Thailand. Established in 2006, the company has made significant strides in the financial sector, focusing on consumer finance, leasing, and investment services. With a strong presence in major operational regions across Thailand, Lh Financial has positioned itself as a trusted partner for individuals and businesses seeking tailored financial solutions. The company offers a diverse range of core products, including personal loans, hire purchase agreements, and financial advisory services, distinguished by their customer-centric approach and competitive terms. Lh Financial's commitment to innovation and excellence has earned it a notable market position, reflecting its dedication to enhancing financial accessibility and fostering economic growth in the region.
DitchCarbon Score
How does Lh Financial Group Pcl'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
Lh Financial Group Pcl's score of 30 is lower than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Lh Financial Group Pcl's reported carbon emissions
In 2022, Lh Financial Group Pcl reported total carbon emissions of approximately 2,378,000 kg CO2e, with emissions broken down into Scope 1 at about 349,000 kg CO2e, Scope 2 at approximately 1,486,000 kg CO2e, and Scope 3 at around 543,000 kg CO2e. This data reflects their operations in Thailand. The total emissions for the global operations were also reported at about 2,155,000 kg CO2e, with Scope 1 emissions at approximately 404,000 kg CO2e and Scope 2 at around 1,319,000 kg CO2e. Lh Financial Group has not set specific reduction targets or initiatives as part of their climate commitments, and there are no SBTi (Science Based Targets initiative) reduction targets disclosed. The company has not cascaded emissions data from a parent organization, indicating that all reported figures are derived directly from their own operations. Overall, Lh Financial Group Pcl's emissions profile highlights the need for ongoing assessment and potential strategies to address their carbon footprint, particularly in Scope 3 emissions, which represent a significant portion of their total emissions.
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| 2020 | 2021 | 2022 | |
|---|---|---|---|
| Scope 1 | 700,000 | 000,000 | 000,000 |
| Scope 2 | 1,653,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 659,000 | - | - |
How Carbon Intensive is Lh Financial Group Pcl's Industry?
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Lh Financial Group Pcl'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.
Lh Financial Group Pcl 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.
