Liechtensteinische Landesbank AG (LLB) is a prominent financial institution headquartered in Vaduz, Liechtenstein. Established in 1861, LLB has evolved into a key player in the banking industry, primarily serving clients in private banking, asset management, and corporate banking across Europe and beyond. With a strong focus on wealth management and investment solutions, LLB distinguishes itself through its personalised service and deep understanding of client needs. The bank has achieved significant milestones, including its expansion into international markets and the establishment of subsidiaries in Switzerland and Austria. Recognised for its stability and reliability, Liechtensteinische Landesbank holds a strong market position, consistently ranking among the leading banks in the region. Its commitment to innovation and client satisfaction continues to drive its success in the competitive financial landscape.
How does Liechtensteinische Landesbank'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 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.
Liechtensteinische Landesbank's score of 25 is higher than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Liechtensteinische Landesbank reported total carbon emissions of approximately 3,224,900 kg CO2e. This figure includes 125,900 kg CO2e from Scope 1 emissions, 116,400 kg CO2e from Scope 2 emissions, and 3,222,600 kg CO2e from Scope 3 emissions, which encompasses significant contributions from employee commuting (1,945,400 kg CO2e) and business travel (404,700 kg CO2e). Over the years, the bank has demonstrated a commitment to reducing its carbon footprint. In 2022, total emissions were about 3,152,200 kg CO2e, indicating a slight increase in 2023. However, from 2020 to 2021, emissions decreased from approximately 3,319,000 kg CO2e to 3,042,100 kg CO2e, showcasing a positive trend in emissions reduction during that period. Liechtensteinische Landesbank has signed the Climate Pledge as of January 17, 2022, affirming its commitment to achieving net-zero carbon emissions. This pledge aligns with global efforts to combat climate change and reflects the bank's dedication to sustainability and responsible banking practices.
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Add to project2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Scope 1 | 383,600 | 000,000 | 000,000 | 000,000 | 000,000 |
Scope 2 | 399,900 | 000,000 | 000,000 | 000,000 | 000,000 |
Scope 3 | 5,060,300 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
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.
Liechtensteinische Landesbank is committed to some 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.