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Financial Intermediation
LK
updated 18 days ago

LOLC Holdings PLC

Company website

LOLC Holdings PLC, a prominent player in the financial services sector, is headquartered in Sri Lanka (LK) and operates extensively across South Asia and Africa. Founded in 1980, the company has evolved into a diversified conglomerate, with key business areas including microfinance, insurance, and investment services. LOLC Holdings is renowned for its innovative financial solutions, particularly in micro-lending, which empower underserved communities. The company’s commitment to sustainable development and social responsibility sets it apart in the industry. With a strong market position, LOLC Holdings has achieved significant milestones, including numerous awards for excellence in service delivery and corporate governance. Its unique blend of financial products and community-focused initiatives solidifies its reputation as a leader in the financial services landscape.

DitchCarbon Score

How does LOLC Holdings 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.

23

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.

30

Industry Benchmark

LOLC Holdings 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.

29%

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LOLC Holdings PLC's reported carbon emissions

LOLC Holdings PLC, headquartered in Sri Lanka (LK), currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. Furthermore, there are no documented reduction targets or climate pledges associated with the company. As of now, LOLC Holdings PLC has not cascaded any emissions data from a parent or related organization, nor does it appear to have established any formal commitments to reduce its carbon footprint. This lack of data and commitments places the company in a context where it may need to enhance its climate strategy to align with industry standards and expectations for sustainability. In summary, LOLC Holdings PLC has yet to disclose its carbon emissions or set reduction targets, highlighting an opportunity for the company to develop and communicate its climate commitments more effectively.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. LOLC Holdings PLC's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for LOLC Holdings PLC is in LK, which has a high grid carbon intensity relative to other regions.

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.

LOLC Holdings PLC 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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