LB Finance PLC

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023-04 to 2024-03🗂️ Report periods on file: 2023-04 to 2024-03, 2022-04-01 to 2023-03-31, 2021-04 to 2022-03

In its 2023-04 to 2024-03 reporting, LB Finance PLC disclosed greenhouse gas emissions of 4.0K tCO2e. By scope: Scope 1: 278 tCO2e; Scope 2: 2.2K tCO2e; Scope 3: 1.5K tCO2e. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.

💨
GHG Emissions
4.0K tCO2e
2023-04 to 2024-03
💧
Water Usage
44.9K m3
2023-04 to 2024-03
♻️
Waste
20.1K tons
2023-04 to 2024-03

📊 Emissions by Scope (2023-04 to 2024-03)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).278 tCO2e
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.2.2K tCO2e
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).1.5K tCO2e

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
2023-04 to 2024-034.0K tCO2e
2021-04 to 2022-03Data provided but not consolidated in a single figure. Scope 1, 2, and 3 emissions data available in the report but requires calculation.

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Maintain net NPL Ratio at zero level
  • Maintain a lean cost structure with expenses consuming no more than 35% of revenue
  • Achieve a minimum ROE of 20%
  • Maintain a robust liquidity buffer of at least 150%

📅 Medium-term

  • 10% Growth in Income
  • Increase Total Assets to Rs. 100 Bn
  • Increase Profitability to Rs. 10 Bn
  • 20% Growth in Profitability
  • Increase Total Assets to Rs. 500 Bn

🔭 Long-term

  • Net zero emissions

🌱 ESG Focus Areas

Financial ResilienceCustomer CentricityBusiness Simplification and OptimisationDigital TransformationWorkforce EmpowermentManage Our Impacts

⚠️ Challenges & Risks +

  • Challenging economic conditions
  • Volatility in operating environment
  • Intense market competition
  • High employee turnover
  • Information security threats
  • Inefficient processes
  • Macroeconomic vulnerabilities
  • Adverse fiscal policies
  • High bargaining power of customers
  • Staff turnover due to macroeconomic conditions

📋 Report Information

Reporting Period: 2023-04 to 2024-03
Frameworks: GRI Standards, SASB Standards, UN Sustainable Development Goals (SDGs), 10 Principles of United Nations Global Compact, SLFRS Sustainability Disclosure Standards S1 & S2
Assurance: Ernst & Young