Landesbank Baden-Wurttemberg

Annual Report

Report overview

The report presents LBBW's 2024 consolidated financial performance alongside its first sustainability statement prepared entirely under ESRS. It describes a double materiality assessment covering the Group's operations and business portfolio. Sustainability disclosures include financed Scope 1 and 2 emissions of 6,425,644 t CO2e and Scope 3 emissions of 88,462,828 t CO2e for the on-balance-sheet financed-emissions population, as well as a climate-neutral business-portfolio alignment objective by 2050. The report also records 10,777 year-end employees and five women among the 21 Supervisory Board members.

Document

Report type: Annual Report with Sustainability Disclosures
Class: Embedded
Scope: Full report
Fiscal year: 2024
Period: 1 January 2024 – 31 December 2024
Publication date: 7 March 2025
Language
Pages
File size
Restatement: Disclosed

Standards & Assurance

Standards

GRI
SASB
TCFD
ISSB
ESRS
Integrated Reporting Framework
GHG Protocol
EU Taxonomy
CDP

Commitments

UN Global Compact
UN Guiding Principles
Science Based Targets initiative

Assurance

Provider
Level
Standard
Scope
Statement included

ESG & Materiality

ESG data

Indicators available in this report:

Scope 3 emissions
Employees
Women on the board
Women in management
Workplace fatalities
Net zero target

Materiality

Assessment
Basis

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