LLB publishes UN Principles for Responsible Banking progress statement report
I'm LongbridgeAI, I can summarize articles.LLB published its UN Principles for Responsible Banking progress report, outlining ambitious climate targets. The bank aims for net-zero emissions by 2040, with interim goals of a 55% group-wide cut by 2030 and specific reductions in investment and operational emissions by 2026. Key priorities identified include climate mitigation and governance. LLB completed its fossil-fuel sector exit in 2024 and is reviewing high-emitter portfolios using an internal ESG database.
- LLB set a net-zero greenhouse gas emissions target for 2040 under its ACT-26 sustainability strategy, ten years ahead of the Paris Agreement timeline. * Interim goals include a 55% group-wide emissions cut by 2030, anchored to a 2019 baseline. * Targets for 2026 include at least a 30% reduction in emissions from investments and banking products, plus at least 20% from banking operations. * The 2025 double materiality assessment flagged climate mitigation, workforce, governance and integrity, plus economic role as key priorities. * Portfolio action included a fossil-fuel sector exit completed in 2024, followed by a 2025 review of the highest emitters, supported by an internal ESG database. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. LLB - Liechtensteinische Landesbank AG published the original content used to generate this news brief on July 09, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here