- Increased paper usage in 2023 (6% increase from 2022) due to increased financial products and customers.
- Increased electricity consumption in 2023 (16% increase from 2022) due to a return to normal office operations post-COVID-19.
- ESG risks associated with lending and investment activities.
LH Bank Public Company Limited
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, LH Bank Public Company Limited disclosed greenhouse gas emissions of 2.4K tCO2e (2022 offset). 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
2.4K tCO2e (2022 offset)
2023
Waste
12.3K kg (2022)
2023
Energy Use
2.0M kWh (2023)
2023
✅ Reported Environmental Achievements
- Offsetting corporate carbon footprint of 2,378 tons of carbon dioxide equivalent (tCO2e) in 2022 (100% of emissions from scopes 1, 2, and 3).
- Reduced waste from business operations from 28,323 kg in 2021 to 12,251.59 kg in 2022 (57% reduction).
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce paper consumption by 5% annually.
📅 Medium-term
- Reduce greenhouse gas emissions from own operations by 25% compared to 2020 by 2030 (Scopes 1 and 2).
🌱 ESG Focus Areas
Good Corporate GovernanceSustainable FinanceResponsible to StakeholderEnvironmental SustainabilitySocial ResponsibilityEconomic Responsibility