- Data limitations on loan portfolio for Scope 3 emissions.
- Lack of detailed ESG data for smaller business customers.
- Need for improved data quality and industry standards for ESG reporting.
Lollands Bank A/S
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Lollands Bank A/S disclosed greenhouse gas emissions of 98 tCO2e/year. By scope: Scope 1: 8 tCO2e/year; Scope 2: 44 tCO2e/year; Scope 3: 45 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
98 tCO2e/year
2023
Renewable Energy
100%
of total energy
Water Usage
1.0K m3/year
2023
Energy Use
2.2K GJ/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). | 8 tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 44 tCO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 45 tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Switched to green electricity from solar panels, reducing carbon footprint.
- Initiated waste sorting at headquarters, planned for all branches in 2024.
- Reduced paper consumption.
- Started construction of electric vehicle charging stations at two branches.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Develop a procurement policy focusing on sustainability (2024).
- Develop an energy plan (2024).
📅 Medium-term
- Implement ESG requirements in credit applications (2024).
- Integrate ESG risks into overall risk assessment (2024).
🔭 Long-term
- Achieve gender balance in leadership (2028).
🌱 ESG Focus Areas
EnvironmentalSocialGovernance