Energy efficiency and climate protection

For the LLB Group and its stakeholder groups, sustainability means ensuring long-term corporate success, accepting responsibility and using resources in a conscious way. Fossil energy sources, which are essential to modern industrial society, are finite. For both ecological and economic reasons, these scarce resources must be used responsibly. The LLB Group wants to contribute by making energy efficiencies, while saving costs at the same time. Energy use causes greenhouse gas emissions and so we can contribute to climate protection by taking energy efficiency measures. The organisational unit Facility & Security Management identifies potential energy savings and evaluates the effect of efficiency measures such as the selection of technical equipment, the “Green Datacenter” being a typical example.

“Green IT” data processing center

The infrastructure and energy costs for data processing centers are a major factor in facility and IT management. Potential energy savings are high. The branch office of the Liechtensteinische Landesbank in Eschen (FL) has set standards in this area for the Rhine Valley region since December 2012. The LLB data processing center, which was built according to the US-American Uptime Institute’s Tier III Certification of Design, is an extremely safe data center. This means that highly sensitive business data are perfectly protected. Our data processing center, however, not only has one of the highest safety standards of the region, it also reflects a clear commitment to “Green IT”. All building elements – from the construction, to the insulation and the architectural design of the building – were carefully matched to each other in order to increase energy efficiency.

The construction of the data processing center permits the specific use of single modules. Using sophisticated technology, the servers are cooled up to an outside temperature of around 18 degrees using outside air, leading to savings in energy consumption. Since the middle of 2013, we have reduced power consumption substantially and consequently lowered our CO₂ emissions.

The power consumption of the cooling devices plays an essential part in terms of power usage effectiveness (PUE). We aim to achieve a PUE value of below 1.5, which would be half the original energy usage. By 2013, we had already achieved a PUE value of 1.54; in 2014, we achieved a PUE of 1.46; and during the reporting year, despite the hot summer, we managed to reduce it further to 1.41.

Energy-efficient branch offices

Sustainable construction is based on the interaction between ecology and technology and is becoming the standard. The building that houses the Eschen bank branch complies with the Minergie standard, the LLB had a provisional certificate until the end of 2015. The energy-efficient design of the branch office in the data processing center enabled the energy consumption of our buildings in Liechtenstein to be reduced substantially.

Consequently, in 2015, we reduced the kilowatt-hours of electricity used at business locations in Liechtenstein by 8 percent to 3’389’462 (2014: 3’686’305). Our main buildings are responsible for the bulk of energy consumption. Since three of our business premises in Vaduz (headquarters, Haus Wuhr Ost, Haus Engel) are equipped with photovoltaic systems, we generate a small part of our electric power in an environmentally friendly manner. In 2015, the PV systems produced 13’017 kilowatt-hours (2014: 12’699 kWh).

We will review data collection for Bank Linth in 2016. The Bank Linth branch offices in Pfäffikon (SZ), Kaltbrunn (SG) and Schmerikon (SG) were built in accordance with the Minergie standard. At the headquarters in Uznach, fluorescent tubes are being gradually replaced with new LED tubes. Furthermore, an agreement has been made with the power plant in Uznach whereby half of the energy drawn must come from sustainable renewable energy. The headquarters in Uznach will be renovated in 2016.

Following the implementation of the “Distribution III” project in the Sargans region (SG) in June 2015, Bank Linth contributes to sustainability in a special way: old properties have been converted into energy-efficient locations. In the new branch office in Sargans with its multimedia client zone, the advisory service is made into an experience, while the self-service for banking and financial transactions sets new norms and efficiency standards. Paper consumption was reduced through the use of the multimedia table and centrally stored documents (electronic archiving). Bank Linth selected preferred regional suppliers for the refurbishment.

Promotion of sustainable construction

Due to uncertainty about costs for conventional energy sources, energy and ecological considerations are becoming increasingly important for new buildings and building refurbishment. Public debate on environmental policies is growing, and the people living in Liechtenstein and eastern Switzerland are also becoming more ecologically aware. The LLB Group actively supports sustainable construction and provides eco mortgages and renovation mortgages that promote the sustainable use of resources. Clients benefit from a preferential rate of interest for investment in new buildings that comply with the Minergie, passive house or other comparable standards for alternative energy.

In recent years, the focus on real estate ownership as a safe investment has increased due to highly volatile financial markets. Investments in energy-efficient measures or in renewable energy systems not only lower the running costs, but also have a positive impact on long-term value preservation.

Operational CO savings

Our commitment to climate protection is bearing fruit. We have made progress thanks to sustainable mobility and the energy efficiency of our IT infrastructure and buildings. The LLB Group’s investment in the promotion of the use of public transport contributed, out of all LLB employees, to 248 coming to work in Vaduz by bus or bike or on foot in 2015. Efficiency measures at our data processing center implemented since 2013 have enabled us to reduce our CO₂ emissions. Group-wide CO₂ emissions fell by 3 percent from 646 tonnes in 2014 to 628 tonnes in 2015.

Climate foundations

We are convinced that actions driven by sustainability and responsibility increase our corporate value and have an impact that extends beyond our own company. We promote small and medium-sized enterprises (SMEs) that contribute to climate protection. The LLB is a partner of the independent non-profit Swiss Climate Foundation (since 2008) and the LIFE Climate Foundation Liechtenstein (since 2009). The Swiss Climate Foundation has awarded CHF 477’300 to 24 SMEs in Liechtenstein since the start of the cooperation in 2012.

That is why the LLB belongs to a group of 28 partner firms that pool their resources to promote SMEs in Switzerland and Liechtenstein. The companies do this in an uncomplicated and efficient manner and, through their activities, help to protect the climate. LLB refunds of CO₂ contributions from Liechtenstein made to the Climate Foundation are used to support new products and technological developments as well as energy-saving projects.

(XLS:) Download
Energy consumption and greenhouse gas emissions 1

 

2015

2014

1)

Liechtenstein as location

2)

Greenhouse gas emissions calculated using Greenhouse Gas Protocol Guidelines

3)

Greenhouse gas emissions from own heating boilers, motor fuels and air-conditioning systems

4)

Greenhouse gas emissions produced from production of consumed electricity and district heating

5)

Reported using location-based approach following Greenhouse Gas Protocol Scope 2 Guidance.
Can be used as approximate values for market-based approach.

Energy consumption (in kWh)

4’460’156

4’678’273

Electricity

3’389’462

3’686’305

District heating

347’500

318’500

Total heating fuels

686’342

627’327

Heating oil

241’093

197’481

Natural gas

445’248

429’846

Total motor fuels

36’852

46’141

Diesel (vehicles and emergency power generator testing)

21’323

33’992

Petrol (vehicles)

15’530

12’149

 

 

 

CO2 emissions (in tCO2e) 2

628

646

Scope 1 total 3

176

167

Heating fuels

156

141

Motor fuels

10

12

Volatile gases (refrigerants)

10

14

Scope 2 total 4

453

479

Electricity 5

375

408

District heating

77

71