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Luminor Lietuva

Sustainability Report and Carbon Intensity Rankings

Is Luminor Lietuva doing their part?

Their DitchCarbon score is 63

Luminor Lietuva has a DitchCarbon Score of 63, indicating a moderate level of sustainability in their operations. This score reflects the company’s efforts to manage and reduce its carbon intensity. A higher score would suggest even greater success in minimizing their environmental impact through lower carbon emissions.

This was calculated based on 30+ company specific emissions data points, the higher the score, the better. Check out our methodology.

Industry emissions intensity

Very low

Low

Medium

High

Very high

Luminor Lietuva is a company in the finance sector, which has a carbon intensity ranking of very low. Some industries are more damaging than others, this ranking gives you an indication of how carbon intensive the industry is which this company operates in.

Location emissions intensity

Very low

Low

Medium

High

Very high

Luminor Lietuva, located in Estonia, operates in a region with a very high carbon intensity rating. This suggests that the company’s sustainability efforts may face challenges due to the country’s high environmental impact.

The Ultimate Guide to Building Sustainability Into Procurement​​

In this guide you can learn about the three stages of sustainable procurement.

Stage 1) – Identify and Communicate
Sustainability Maturity

Stage 2) – Start to Give Preference to Mature Suppliers

Stage 3) – Make Climate Action a “Hard” Measure for Procurement

Over 500+ downloads

The Ultimate Guide to Building Sustainability Into Procurement​​

In this guide you can learn about the three stages of sustainable procurement.

Stage 1) – Identify and Communicate
Sustainability Maturity

Stage 2) – Start to Give Preference to Mature Suppliers

Stage 3) – Make Climate Action a “Hard” Measure for Procurement

12.17%

...this company is doing 12.17% better in emissions than the industry average.

Luminor Lietuva, founded in 2017 and headquartered in Vilnius, is a modern, next-generation bank operating in the finance sector across Lithuania, Latvia, and Estonia. It was established from the combined expertise of two leading Nordic banks, Nordea and DNB, positioning it as the third-largest financial services provider in the Baltic region. Luminor Lietuva offers a comprehensive range of financial services, catering to approximately 1.3 million customers with a dedicated team of around 3,000 professionals.

emission intelligence's platform recommendations for Luminor Lietuva

Luminor Lietuva should foster sustainability practices throughout their supply chain to achieve a significant reduction in their Scope 3 emissions.

Good news, Luminor Lietuva has committed to SBTi targets

Luminor Lietuva has pledged to set science-based targets through the Science Based Targets initiative (SBTi) to reduce greenhouse gas emissions. This commitment aligns the company’s environmental strategy with the goals of the Paris Agreement to limit global warming.
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Our methodology

Read about our emission calculation methodologies, and what the DitchCarbon Score means.

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