Lh Financial Group Pcl
Lh Financial Group Pcl, commonly referred to as Lh Financial, is a prominent financial services provider headquartered in Thailand. Established in 2006, the company has made significant strides in the financial sector, focusing on consumer finance, leasing, and investment services. With a strong presence in major operational regions across Thailand, Lh Financial has positioned itself as a trusted partner for individuals and businesses seeking tailored financial solutions. The company offers a diverse range of core products, including personal loans, hire purchase agreements, and financial advisory services, distinguished by their customer-centric approach and competitive terms. Lh Financial's commitment to innovation and excellence has earned it a notable market position, reflecting its dedication to enhancing financial accessibility and fostering economic growth in the region.
DitchCarbon Score
How does Lh Financial Group Pcl's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Lh Financial Group Pcl's score of 32 is higher than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Lh Financial Group Pcl's reported carbon emissions
In 2022, LH Financial Group Pcl reported total carbon emissions of approximately 2,155,000 kg CO2e. This figure includes 404,000 kg CO2e from Scope 1 emissions, which are direct emissions from owned or controlled sources, and 1,319,000 kg CO2e from Scope 2 emissions, representing indirect emissions from the generation of purchased electricity, steam, heating, and cooling. Additionally, Scope 3 emissions accounted for 432,000 kg CO2e, primarily from purchased goods and services, which contributed 67,010 kg CO2e. Comparatively, in 2021, the total emissions remained the same at approximately 2,155,000 kg CO2e, with similar distributions across the scopes. However, in 2020, emissions were higher at about 3,013,000 kg CO2e, indicating a significant reduction over the following two years. Despite these figures, LH Financial Group Pcl has not set specific reduction targets or climate pledges, nor do they participate in initiatives such as the Science Based Targets initiative (SBTi). The company has not disclosed any formal commitments to reduce emissions, which places them in a context where many industry peers are actively pursuing measurable climate goals. Overall, while LH Financial Group Pcl has demonstrated a reduction in emissions over the past two years, the absence of formal reduction targets highlights an area for potential improvement in their climate strategy.
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| 2020 | 2021 | 2022 | |
|---|---|---|---|
| Scope 1 | 700,000 | 000,000 | 000,000 |
| Scope 2 | 1,653,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 659,000 | 000,000 | 000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Lh Financial Group Pcl is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
