Luzerner Kantonalbank
Luzerner Kantonalbank, often referred to as LUKB, is a prominent financial institution headquartered in Lucerne, Switzerland (CH). Established in 1850, the bank has a rich history of serving the local community and has expanded its operations across the cantons of Lucerne and surrounding regions. As a key player in the banking industry, LUKB offers a comprehensive range of services, including retail banking, corporate financing, and wealth management. What sets Luzerner Kantonalbank apart is its commitment to sustainable banking practices and customer-centric solutions. With a strong market position, LUKB has consistently been recognised for its financial stability and innovative products. The bank's dedication to fostering local economic growth and supporting community initiatives further solidifies its reputation as a trusted financial partner in Switzerland.
DitchCarbon Score
How does Luzerner Kantonalbank'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
Luzerner Kantonalbank's score of 16 is lower than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Luzerner Kantonalbank's reported carbon emissions
Luzerner Kantonalbank, headquartered in Switzerland (CH), has not disclosed specific carbon emissions data for recent years. The latest available information dates back to 2014, where the bank reported an intensity of Scope 1 and 2 greenhouse gas (GHG) emissions at approximately 1,046.6 kg CO2e per employee and 369.0 kg CO2e per heating degree day (HDD) for electricity consumption. However, no absolute emissions figures for Scope 1, 2, or 3 have been provided. Currently, Luzerner Kantonalbank has not set any formal reduction targets or commitments under the Science Based Targets initiative (SBTi) or other climate pledges. The absence of specific reduction initiatives indicates a potential area for improvement in their climate strategy. As of now, the bank's emissions data is not cascaded from any parent or related organization, and all performance metrics are sourced directly from Luzerner Kantonalbank AG. The bank's commitment to addressing climate change remains unclear, highlighting the need for enhanced transparency and action in future sustainability reporting.
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.
Luzerner Kantonalbank is not participating in any 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.
