- Challenges in collecting complete data for EU Taxonomy reporting due to data limitations from counterparties and incomplete information published by companies.
- Increasing complexities in the regulatory banking environment and integrating efficient digital solutions while maximizing client benefits.
Liechtensteinische Landesbank AG
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Liechtensteinische Landesbank AG disclosed greenhouse gas emissions of 3.5K tCO2e/year. By scope: Scope 1: 125.9 tCO2e/year; Scope 2: 116.4 tCO2e/year; Scope 3: 3.2K tCO2e/year. 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
3.5K tCO2e/year
2023
Renewable Energy
92% (LLB Schweiz), 100% (LLB AG and LLB Österreich)
of total energy
Energy Use
5.1K MWh/year
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 125.9 tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 116.4 tCO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 3.2K tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 3.5K tCO2e/year |
| 2022 | 53.4K tCO2e |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced operational emissions by approximately 23% compared to the 2019 baseline year.
- Achieved climate neutrality in banking operations in 2021 by fully offsetting greenhouse gas emissions.
- Launched two 'dark green' Climate funds in 2022, reaching an investment volume of almost CHF 800 million.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce GHG emissions in banking products and own investments by at least 30% by 2026 (compared to 2019).
- Reduce GHG emissions in banking operations by at least 20% by 2026 (compared to 2019).
📅 Medium-term
- Reduce GHG emissions in banking products and own investments by at least 55% by 2030 (compared to 2019).
🔭 Long-term
- Achieve net-zero CO2 emissions in banking operations and products by 2040.
🌱 ESG Focus Areas
Climate ChangeSocial ResponsibilityGovernance