Luxembourg Sustainable Finance Initiative
The Luxembourg Sustainable Finance Initiative (LSFI), headquartered in Luxembourg (LU), is a pivotal player in the sustainable finance sector. Founded to promote sustainable investment practices, LSFI operates primarily within the European financial landscape, focusing on integrating environmental, social, and governance (ESG) criteria into financial decision-making. Since its inception, LSFI has achieved significant milestones, including the establishment of key partnerships and initiatives aimed at fostering sustainable finance. The organisation offers a range of services, including research, advocacy, and capacity building, which are designed to support financial institutions in their transition towards sustainability. Recognised for its leadership in promoting sustainable finance, LSFI plays a crucial role in positioning Luxembourg as a hub for responsible investment, contributing to the broader goals of sustainable development and climate action.
DitchCarbon Score
How does Luxembourg Sustainable Finance Initiative'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 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
Luxembourg Sustainable Finance Initiative's score of 17 is lower than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Luxembourg Sustainable Finance Initiative's reported carbon emissions
In 2021, the Luxembourg Sustainable Finance Initiative reported significant carbon emissions totalling approximately 214,941,000,000 kg CO2e for Scope 1, 39,333,000,000 kg CO2e for Scope 2, and 291,668,406,000 kg CO2e for Scope 3. This data highlights the extensive carbon footprint associated with their operations, particularly in Scope 3 emissions, which often encompass indirect emissions from the value chain. Despite the substantial emissions figures, there are currently no specific reduction targets or initiatives disclosed by the organisation. This absence of defined climate commitments suggests a need for further action in establishing measurable goals to mitigate their environmental impact. The Luxembourg Sustainable Finance Initiative operates within a critical industry context, where sustainable finance plays a pivotal role in addressing climate change and promoting responsible investment practices.
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Add to project| 2021 | |
|---|---|
| Scope 1 | 214,941,000,000 |
| Scope 2 | 39,333,000,000 |
| Scope 3 | 291,668,406,000 |
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.
Luxembourg Sustainable Finance Initiative is not committed to any reduction initiatives 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.
