Banking products and services
We want to achieve our net-zero target by the year 2040, including for the banking products we offer.
We have the greatest influence on the climate and society by deciding which companies and projects we finance. For this reason, we have defined ambitious targets for our most important banking products and services (loans, LLB's own funds, asset management mandates) and our own investments: at least 30 per cent of greenhouse gas emissions are to be reduced in these areas by 2026. We report on our progress in the sustainability statement.
How can we reduce emissions from investments?
Own investments
We want to minimise negative effects on the climate and society through our own investments. This is why we have defined exclusion criteria and are withdrawing as far as possible from investments in fossil fuels.
Voting and involvement
Through voting and engagement, and by exercising our voting rights, we are able to move sustainability issues further up the corporate agenda.
Sustainable product range
For our in-house asset management mandates and fund products, we adopt our responsible asset management approach and will only offer products if they follow this approach as a minimum requirement. And with the environmental mortgage, we offer a financing model that is geared towards energy efficiency and offers attractive conditions for clients.
