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Luzerner Kantonalbank, often referred to as LUKB, is a prominent financial institution headquartered in Lucerne, Switzerland (CH). Established in 1850, LUKB has a rich history of providing comprehensive financial intermediation services, excluding insurance and pension funding. The bank primarily operates in the Central Switzerland region, offering a range of services including personal banking, corporate financing, and investment solutions.
LUKB distinguishes itself through its commitment to local economic development and customer-centric approach, ensuring tailored financial solutions for individuals and businesses alike. With a strong market position, the bank has achieved notable milestones, including consistent recognition for its financial stability and customer satisfaction. As a trusted partner in the financial landscape, Luzerner Kantonalbank continues to play a vital role in fostering economic growth within its community.
+32 vs industry average
Luzerner Kantonalbank’s score of 69 is higher than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Financial Intermediation is among the least carbon-intensive industries
The Financial Intermediation industry has reduced its overall emissions by 33% since 2018
Scope 3 accounts for ••• of total emissions.
Luzerner Kantonalbank, a Swiss financial institution, reported Scope 1 emissions of 80,000 kg CO2e and Scope 2 emissions of 100,000 kg CO2e in 2023. This is a reduction from 2022, when Scope 1 emissions were 100,000 kg CO2e and Scope 2 emissions were 300,000 kg CO2e. The bank has set a near-term absolute reduction target to decrease its Scope 1 and Scope 2 emissions by 100% between 2023 and 2030. Remaining greenhouse gas emissions will be offset.
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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