Banque Internationale à Luxembourg

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023, 2022

In its 2023 reporting, Banque Internationale à Luxembourg disclosed greenhouse gas emissions of 17.5K tCO2e (location-based); 14529 tCO2e (market-based). By scope: Scope 1: 1.5K tCO2e; Scope 2: 3.2K tCO2e; Scope 3: 12.8K 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
17.5K tCO2e (location-based); 14529 tCO2e (market-based)
2023
⚡
Renewable Energy
67.50% (location-based); 66.30% (market-based)
of total energy
💧
Water Usage
23.9K m3
2023
♻️
Waste
202.93 tons
2023
⚙️
Energy Use
11.9K MWh
2023

📊 Emissions by Scope (2023)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).1.5K tCO2e
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.3.2K tCO2e
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).12.8K 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
202317.5K tCO2e (location-based); 14529 tCO2e (market-based)
20225.2K tCO2e (operational footprint 2021)

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

  • Reduce water consumption by 3% by 2024
  • Reduce electricity consumption by 3% by 2024
  • Reduce operational carbon footprint by 2% per year until 2025
  • 100% EPC collection for new residential properties by 2024
  • Increase share of A/B energy class in new loans to 50% by 2024

📅 Medium-term

  • Achieve 30% share of sustainable investments in Bank’s portfolio by 2025
  • Align share of electric cars in new consumer loans and finance leases with new car registrations in Luxembourg by 2025

🔭 Long-term

  • Net zero emissions by 2050

🌱 ESG Focus Areas

Climate Change Mitigation and AdaptationSustainable FinanceResponsible EmployerPositive Social ImpactData Privacy and SecurityHuman Capital ManagementProduct GovernanceESG IntegrationCorporate GovernanceBusiness Ethics

⚠️ Challenges & Risks +

  • Reliable ESG data
  • Dependence on clients’ transition
  • Bringing clients on board and training staff

📋 Report Information

Reporting Period: 2023
Frameworks: GRI Standards (Core Option) 2021, European Sustainability Reporting Standards (ESRS), UN Principles for Responsible Banking (UN PRB), UN Global Compact
Assurance: None in 2023; aiming for external assurance starting in 2025