Luzerner Kantonalbank AG

Common Name
Luzerner Kantonalbank
Country
Switzerland
Sector
Financial Services
Industry
Banks - Regional
Employees
1,182
Ticker
LUKN
Exchange
SIX SWISS EXCHANGE
Description
Luzerner Kantonalbank AG is a publicly owned regional bank located in the canton of Lucerne, Switzerland. It primarily serves as a financial services provider to individual customers and small to medi...

Luzerner Kantonalbank's GHG Emissions Data Preview

In 2024, Luzerner Kantonalbank 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).

Luzerner Kantonalbank has also provided a category-level breakdown for 7 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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Verified Sources Behind Luzerner Kantonalbank’s Greenhouse Gas (GHG) Emissions Data

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a. Luzerner Kantonalbank's Sustainability Report 2024
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Insights into Luzerner Kantonalbank's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Luzerner Kantonalbank amounted to 891 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 Luzerner Kantonalbank decreased by 10.27%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Luzerner Kantonalbank's Scope 1 Emissions Over Time

202320240200400600800tCO2e-23%
  • Total Scope 1
  • Year-over-Year Change

What are Luzerner Kantonalbank's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Luzerner Kantonalbank were 476 metric tons of CO₂ equivalent (tCO₂e). a

Compared to the previous year (2023), Luzerner Kantonalbank's Scope 1 emissions decreased by 22.6%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Luzerner Kantonalbank's Scope 2 emissions?

In 2024, Luzerner Kantonalbank reported Scope 2 greenhouse gas (GHG) emissions of 22 tCO₂e using the market-based method and 415 tCO₂e using the location-based method. a

Has Luzerner Kantonalbank reduced its Scope 2 emissions over time?

Compared to the previous year (2023), Luzerner Kantonalbank's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Luzerner Kantonalbank 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does Luzerner Kantonalbank use for Scope 2 reporting?

In 2024, Luzerner Kantonalbank reported its Scope 2 emissions using the market-based method and using the location-based method. a

Luzerner Kantonalbank's Scope 2 Emissions Over Time

202320240150300450600tCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Luzerner Kantonalbank's Value Chain Emissions

In 2024, Luzerner Kantonalbank reported 1,832 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 Luzerner Kantonalbank includes a breakdown across 7 of the 15 Scope 3 categories defined by the GHG Protocol, up from 4 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chain a

Luzerner Kantonalbank's Scope 3 Emissions Over Time

2023202405001 k1.5 k2 ktCO2e+80%
  • Total Scope 3
  • Year-over-Year Change

What are Luzerner Kantonalbank's Scope 3 emissions?

In 2024, Luzerner Kantonalbank reported total Scope 3 emissions of 1,832 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 89.08% of these emissions originated from upstream activities such as purchased goods and capital goods, while 10.92% came from downstream activities like product use, distribution, and end-of-life treatment. a

Compared to the previous year (2023), Luzerner Kantonalbank's Scope 3 emissions increased by 80.31%, suggesting that the company faced challenges in reducing emissions across its value chain. a

What categories of Scope 3 emissions does Luzerner Kantonalbank disclose?

In 2024, Luzerner Kantonalbank reported emissions for 7 out of the 15 Scope 3 categories defined by the GHG Protocol. a

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of Luzerner Kantonalbank's Scope 3 emissions?

In 2024, the largest contributors to Luzerner Kantonalbank's Scope 3 emissions were: a

  • Employee Commuting (Cat. 7): 801 tCO₂e (43.72%)
  • Upstream Leased Assets (Cat. 8): 413 tCO₂e (22.54%)
  • Fuel- and Energy-Related Services (Cat. 3): 254 tCO₂e (13.86%)

Luzerner Kantonalbank's Scope 3 Emissions by Categories

Employee Commuting(Cat. 7)(43.7%)Fuel- andEnergy-RelatedServices (Cat. 3)(13.9%)Upstream LeasedAssets (Cat. 8)(22.5%)

Insights into Luzerner Kantonalbank's Total Carbon Footprint

In 2024, Luzerner Kantonalbank reported a total carbon footprint of 2,723 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 35.54% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to Luzerner Kantonalbank's total carbon footprint was Scope 3 emissions, accounting for 67.28% of the company's total carbon footprint, followed by Scope 1 emissions at 17.48%. a

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