Lufax Holding Ltd

Common Name
Lufax Holding
Country
China (Mainland)
Sector
Financial Services
Industry
Credit Services
Employees
36,215
Ticker
LU
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Lufax Holding Ltd. ADR represents an American Depositary Receipt of Lufax Holding Ltd., a leading financial services platform headquartered in Shanghai, China. The company primarily focuses on providi...

Lufax Holding's GHG Emissions Data Preview

In 2024, Lufax Holding completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

However, Lufax Holding has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Unspecified Calculation Method
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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b
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Verified Sources Behind Lufax Holding’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Lufax Holding’s data sources below and access millions more through our Disclosure Search.

a. Lufax Holding's ESG Report 2024
a. Lufax Holding's ESG Report 2024
b. Lufax Holding's ESG Report 2023
b. Lufax Holding's ESG Report 2023

Insights into Lufax Holding's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Lufax Holding amounted to 14,191.23 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Lufax Holding decreased by 28.08%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a b

Lufax Holding's Scope 1 Emissions Over Time

202320240306090120tCO2e-4%
  • Total Scope 1
  • Year-over-Year Change

What are Lufax Holding's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Lufax Holding were 112.34 metric tons of CO₂ equivalent (tCO₂e). a

Compared to the previous year (2023), Lufax Holding's Scope 1 emissions decreased by 4.5%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a b

What are Lufax Holding's Scope 2 emissions?

In 2024, Lufax Holding reported Scope 2 greenhouse gas (GHG) emissions of 14,078.89 tCO₂e without specifying the calculation method. a

Has Lufax Holding reduced its Scope 2 emissions over time?

Compared to the previous year (2023), Lufax Holding's Scope 2 emissions (Unspecified Calculation Method) fell by 28.22% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. a b

What methodology does Lufax Holding use for Scope 2 reporting?

In 2024, Lufax Holding reported its Scope 2 emissions using an unspecified methodology. a

Lufax Holding's Scope 2 Emissions Over Time

2023202405 k10 k15 k20 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Lufax Holding's Value Chain Emissions

In 2024, Lufax Holding reported 3,353.78 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2024 disclosure of Lufax Holding includes a breakdown across 0 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

Lufax Holding's Scope 3 Emissions Over Time

2023202409501.9 k2.85 k3.8 ktCO2e-11%
  • Total Scope 3
  • Year-over-Year Change

What are Lufax Holding's Scope 3 emissions?

In 2024, Lufax Holding reported total Scope 3 emissions of 3,353.78 metric tons of CO₂ equivalent (tCO₂e). a

Compared to the previous year (2023), Lufax Holding's Scope 3 emissions decreased by 11.25%, highlighting the company's efforts to lower indirect emissions from its value chain. a b

Insights into Lufax Holding’s GHG Emissions Intensity Compared to Industry Peers

In 2023, Lufax Holding reported Scope 1 greenhouse gas (GHG) emissions of 117.63 tCO₂e and total revenues of USD 556 millions. This translates into an emissions intensity of 0.21 tCO₂e per millions USD. b

Lufax Holding's Scope 1 Emissions Intensity Compared to Peers

101005005,00050,000Scope 1 Emissions (tCO2e)502002,00010,00050,000Revenues (Millions of USD)OCCZQDSUOOOrient SecuritiesYear: 2023Scope 1: 373 tCO2eRevenue: $M 2,322Scope 1 Intensity: 0.16 tCO2e/$MCCChongqing Rural Commercial BankYear: 2024Scope 1: 791 tCO2eRevenue: $M 3,794Scope 1 Intensity: 0.21 tCO2e/$MCCChina Merchants SecuritiesYear: 2024Scope 1: 669 tCO2eRevenue: $M 2,659Scope 1 Intensity: 0.25 tCO2e/$MGuosen SecuritiesYear: 2023Scope 1: 766 tCO2eRevenue: $M 2,381Scope 1 Intensity: 0.32 tCO2e/$MBank of SuzhouYear: 2024Scope 1: 630 tCO2eRevenue: $M 1,665Scope 1 Intensity: 0.38 tCO2e/$MChina Cinda Asset ManagementYear: 2024Scope 1: 1,263 tCO2eRevenue: $M 3,747Scope 1 Intensity: 0.34 tCO2e/$MZZZhongtai SecuritiesYear: 2023Scope 1: 405 tCO2eRevenue: $M 1,790Scope 1 Intensity: 0.23 tCO2e/$MQQQfin HoldingsYear: 2024Scope 1: 17 tCO2eRevenue: $M 268Scope 1 Intensity: 0.06 tCO2e/$MZhongAnYear: 2023Scope 1: 58 tCO2eRevenue: $M 4,501Scope 1 Intensity: 0.01 tCO2e/$MDDDiffer Group AutoYear: 2023Scope 1: 74 tCO2eRevenue: $M 347Scope 1 Intensity: 0.21 tCO2e/$MShenwan Hongyuan GroupYear: 2024Scope 1: 498 tCO2eRevenue: $M 3,304Scope 1 Intensity: 0.15 tCO2e/$MNew China Life InsuranceYear: 2023Scope 1: 2,389 tCO2eRevenue: $M 9,865Scope 1 Intensity: 0.24 tCO2e/$MIndustrial SecuritiesYear: 2023Scope 1: 347 tCO2eRevenue: $M 1,487Scope 1 Intensity: 0.23 tCO2e/$MSY Holdings GroupYear: 2023Scope 1: 33 tCO2eRevenue: $M 148Scope 1 Intensity: 0.22 tCO2e/$MBank of BeijingYear: 2023Scope 1: 164 tCO2eRevenue: $M 9,321Scope 1 Intensity: 0.02 tCO2e/$MChina International CapitalYear: 2024Scope 1: 85 tCO2eRevenue: $M 4,229Scope 1 Intensity: 0.02 tCO2e/$MBank of NanjingYear: 2023Scope 1: 2,792 tCO2eRevenue: $M 6,236Scope 1 Intensity: 0.45 tCO2e/$MChina SecuritiesYear: 2023Scope 1: 312 tCO2eRevenue: $M 3,271Scope 1 Intensity: 0.10 tCO2e/$MSSSunshine Insurance GroupYear: 2024Scope 1: 13,093 tCO2eRevenue: $M 11,219Scope 1 Intensity: 1.17 tCO2e/$MPing An BankYear: 2023Scope 1: 19,221 tCO2eRevenue: $M 23,155Scope 1 Intensity: 0.83 tCO2e/$MUUUniversal MedicalYear: 2024Scope 1: 6,173 tCO2eRevenue: $M 2,048Scope 1 Intensity: 3.01 tCO2e/$MChina Zheshang BankYear: 2024Scope 1: 3,464 tCO2eRevenue: $M 9,016Scope 1 Intensity: 0.38 tCO2e/$MLufax HoldingYear: 2023Scope 1: 118 tCO2eRevenue: $M 556Scope 1 Intensity: 0.21 tCO2e/$M

How does Lufax Holding's GHG emissions intensity compare to its peers?

In 2023, Lufax Holding reported a Scope 1 emissions intensity of 0.21 tCO₂e per millions USD. Compared to the peer group median of 0.23 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. b

Where does Lufax Holding rank on GHG emissions intensity within its industry?

In 2023, Lufax Holding ranked 9 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). b

Lufax Holding is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. b

Insights into Lufax Holding's Total Carbon Footprint

In 2024, Lufax Holding reported a total carbon footprint of 17,545.01 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 25.37% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output. a b

The largest contributor to Lufax Holding's total carbon footprint was Scope 2 emissions, accounting for 80.24% of the company's total carbon footprint, followed by Scope 3 emissions at 19.12%. a

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