Lufax Holding Ltd

Lufax Holding Ltd's reported carbon emissions

Lufax Holding Ltd, a financial intermediation services company headquartered in China, has reported a total of approximately 14.49 million kg CO2e for the year 2025. This figure encompasses Scope 1, Scope 2, and Scope 3 emissions. For 2024, Lufax Holding Ltd's total emissions were approximately 17.55 million kg CO2e, comprising 112,340 kg CO2e in Scope 1, 14.08 million kg CO2e in Scope 2, and 3.35 million kg CO2e in Scope 3. In 2023, the company's total emissions stood at approximately 23.51 million kg CO2e, with Scope 1 emissions at 117,630 kg CO2e, Scope 2 at 19.61 million kg CO2e, and Scope 3 at 3.78 million kg CO2e. Lufax Holding Ltd has set ambitious climate commitments, aiming to achieve carbon neutrality by 2030. To support this goal, the company has committed to reducing its Scope 1 and Scope 2 emissions by 50% from a 2020 baseline by the same year. For Scope 2 emissions, Lufax Holding Ltd is reported to be on track to meet its reduction target. In 2022, Lufax Holding Ltd reported total emissions of approximately 34.17 million kg CO2e, with Scope 1 emissions at 404,000 kg CO2e, Scope 2 at 282,600 kg CO2e, and Scope 3 at approximately 3.53 million kg CO2e. For 2020, the company reported total emissions of approximately 70.48 million kg CO2e, with Scope 1 emissions at 146,810 kg CO2e and Scope 2 emissions at 70.33 million kg CO2e. Scope 3 emissions were not disclosed for this year. Lufax Holding Ltd's reporting for these years indicates a progression in disclosed emissions data, with Scope 3 emissions being reported from 2022 onwards, although specific categories within Scope 3, such as purchased goods and services, are noted as missing data points across several reporting years. The company's ESG report from 2022 highlights its commitment to inclusive finance alongside environmental considerations.