Our banking products
We want to achieve our net-zero target by the year 2040, including for the banking products we offer.
As a bank, we have an impact on the climate, the environment and society – not only through our operations, but above all through our financial products and own investments.
We do not envisage being able to reduce all emissions by 2040, as we are also dependent on the international community here.
In keeping with the motto “Do your best, offset the rest”, we want to use CO₂ removal certificates to balance our remaining footprint. In this way, we aim to reduce emissions from products and own investments by at least 30 % by 2026.
How can we reduce emissions from investments?
Own investments
We ensure that our own LLB Group investments are sustainable and environmentally friendly in order to set a good example. For example, we are withdrawing from investments in companies in the fossil fuel sector by 2025. We as LLB can already have an impact with our own portfolio.
Voting and involvement
Responsible product range
For our in-house asset management mandates and fund products, we adopt our sustainable asset management approach and will only offer more products if they follow this approach as a minimum requirement. With our environmental mortgage, for instance, we offer a financing model based on sustainability that offers attractive conditions for clients.
