Liechtensteinische Landesbank
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.
DitchCarbon Score
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.
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
Liechtensteinische Landesbank's score of 50 is higher than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Liechtensteinische Landesbank's reported carbon emissions
In 2023, Liechtensteinische Landesbank (LLB) reported total carbon emissions of approximately 3,467,300 kg CO2e. This figure includes Scope 1 emissions of about 125,900 kg CO2e, primarily from mobile combustion, and Scope 2 emissions of around 116,400 kg CO2e, derived from purchased electricity and heat. The bank's Scope 3 emissions were significantly higher, totalling approximately 3,224,900 kg CO2e, with major contributions from employee commuting (about 1,945,400 kg CO2e) and business travel (approximately 404,700 kg CO2e). In 2022, LLB's total emissions were slightly lower at about 3,451,100 kg CO2e, with Scope 1 emissions of approximately 156,800 kg CO2e and Scope 2 emissions of around 142,100 kg CO2e. The Scope 3 emissions for that year were about 3,152,200 kg CO2e, again highlighting the significant impact of employee commuting and business travel. LLB has signed the Climate Pledge as of January 17, 2022, committing to take action on climate change. However, there are currently no specific reduction targets disclosed, nor is there any data cascaded from a parent organization. The bank's emissions data is sourced directly from Liechtensteinische Landesbank Aktiengesellschaft, ensuring transparency in their reporting. Overall, LLB's emissions profile indicates a strong reliance on Scope 3 emissions, particularly from employee-related activities, which presents an opportunity for targeted reduction initiatives in the future.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 365,600 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 471,000 | 000,000 | 000,000 | 000,000 |
| Scope 3 | 2,482,400 | 0,000,000 | 0,000,000 | 0,000,000 |
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.
Liechtensteinische Landesbank is participating in some 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.
