LOLC Holdings PLC Sustainability Profile
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.
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 Holdings PLC's score of 26 is lower than 55% 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 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 does not inherit emissions data from any parent or related organizations, indicating that their climate commitments and emissions reporting are independent. Without specific emissions data or reduction initiatives, it is unclear how the company is addressing climate change or its carbon footprint. In the context of the industry, it is essential for companies like LOLC Holdings PLC to establish clear climate commitments and reduction targets to align with global sustainability goals and enhance their environmental responsibility.
How Carbon Intensive is LOLC Holdings PLC's Industry?
How Carbon Intensive is LOLC Holdings PLC's Location?
LOLC Holdings 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 Holdings PLC has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
