LOLC Finance PLC Sustainability Profile
LOLC Finance PLC, a prominent player in the financial services sector, is headquartered in Sri Lanka (LK) and operates extensively across the island. Established in 2004, the company has rapidly evolved, marking significant milestones in its journey to becoming a leading provider of financial solutions. Specialising in microfinance, leasing, and personal loans, LOLC Finance distinguishes itself through innovative products tailored to meet the diverse needs of its clientele. The company’s commitment to customer-centric services has solidified its market position, earning recognition for excellence in the industry. With a focus on empowering individuals and businesses, LOLC Finance PLC continues to drive financial inclusion in Sri Lanka, making a notable impact in the communities it serves.
DitchCarbon Score
How does LOLC Finance PLC'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
LOLC Finance PLC's score of 23 is lower 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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LOLC Finance PLC's reported carbon emissions
LOLC Finance PLC, headquartered in LK, currently does not report any carbon emissions data, as indicated by the absence of specific figures in kg CO2e. Consequently, there are no recorded Scope 1, 2, or 3 emissions. Additionally, the company has not established any documented reduction targets or climate pledges, which suggests a lack of formal commitments to reducing carbon emissions at this time. As there is no emissions data or reduction initiatives available, LOLC Finance PLC's climate commitments remain unclear. The absence of such information may reflect a broader industry context where financial institutions are increasingly being called upon to disclose their environmental impact and set ambitious climate targets. Without specific data or commitments, it is challenging to assess LOLC Finance PLC's position in the context of climate action within the finance sector.
How Carbon Intensive is LOLC Finance PLC's Industry?
How Carbon Intensive is LOLC Finance PLC's Location?
LOLC Finance PLC'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.
LOLC Finance PLC 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.
