Banque et Caisse D'Epargne de L'Etat Luxembourg 2021 SR
The report outlines Spuerkeess's ESG strategy and sustainability achievements for the 2021 fiscal year. As the first bank in Luxembourg to commit to the Net-Zero Banking Alliance, the company has pledged to transition its loan and investment portfolios to net-zero emissions by 2050. In 2021, Spuerkeess reduced its own operations' carbon footprint by 21% and successfully financed EUR 24 million in renewable energy projects. Additionally, the bank expanded its green offerings with the launch of Activmandate Green and supported local communities with over EUR 195 million in social financing.
Company: Banque et Caisse D'Epargne de L'Etat Luxembourg
Sector: Finance & insurance
Country: Luxembourg
Year: 2021
Type: SR
Pages: 48
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Banque et Caisse D'Epargne de L'Etat Luxembourg
Sustainable Development Report
The report outlines Spuerkeess's ESG strategy and sustainability achievements for the 2021 fiscal year. As the first bank in Luxembourg to commit to the Net-Zero Banking Alliance, the company has pledged to transition its loan and investment portfolios to net-zero emissions by 2050. In 2021, Spuerkeess reduced its own operations' carbon footprint by 21% and successfully financed EUR 24 million in renewable energy projects. Additionally, the bank expanded its green offerings with the launch of Activmandate Green and supported local communities with over EUR 195 million in social financing.
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Document Details
Report Year
2021
Reporting Period
Jan 1, 2021 - Dec 31, 2021
Fiscal Year
2021
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Women on Board
Women in Management
Net Zero Target
Employees