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LLB Annual Report 2023 de

GRI Index

graphic

Information unaudited Information ungeprüft GRI index

Liechtensteinische Landesbank has reported in accordance with the GRI Standards for the period from 1 January 2023 to 31 December 2023.

For the Content Index – Essentials Service, GRI Services checked whether the GRI index was presented in a manner that is consistent with the requirements for reporting in accordance with the GRI Standards and whether the information in the GRI index is clearly presented and accessible to the stakeholders. This service was provided for the German version of the report.

Liechtensteinische Landesbank publishes a sustainability report on an annual basis. This report was published on 18 March 2024. Any questions or comments regarding this report can be sent by e-mail (ir@llb.li) to Dr Cyrill Sele, Head Group Corporate Communications & Sustainability at Liechtensteinische Landesbank AG (headquartered in Vaduz, Liechtenstein).

The Annual Report includes all companies named in the scope of consolidation section.

If a new presentation, calculation method or optimised data collection has led to different results for the previous years for individual GRI disclosures, then this is noted under the respective statements.

Non-financial information and data has not been externally assured.

Find here Facts and figures highlighting the LLB Group’s commitment to the environment, society and corporate governance (PDF).

 

 

GRI 1 used

GRI 1: Foundation 2021

Applicable GRI Sector Standard(s)

n.a.

General disclosures

 

 

 

 

 

GRI-Standard / other source

Disclosure

Location

Reference / Information

Omission (Requirements ommitted (RO), Reason (R), Explanation (E))

 

1. The organization and its reporting practices

 

 

 

 

2-1 Organizational details

Corporate Governance

https://reports.llb.li/2023/ar/en/?p=11935

 

 

2-2 Entities included in the organization's sustainability reporting

GRI-Index

https://reports.llb.li/2023/ar/en/?p=12073#Index

 

 

2-3 Reporting period, frequency and contact point

GRI-Index

https://reports.llb.li/2023/ar/en/?p=12073#Index

 

 

2-4 Restatements of information

GRI-Index

https://reports.llb.li/2023/ar/en/?p=12073#Index

 

GRI 2: General Disclosures 2021

2-5 External assurance

GRI-Index

https://reports.llb.li/2023/ar/en/?p=12073#Index

 

 

 

 

 

 

 

 

 

 

 

 

2. Activities and workers

 

 

 

 

2-6 Activities, value chain and other business relationships

Strategy and organisation

https://reports.llb.li/2023/ar/en/?p=12081

 

 

2-7 Employees

Employees

https://reports.llb.li/2023/ar/en/?p=12070

 

GRI 2: General Disclosures 2021

2-8 Workers who are not employees

 

 

RO: Workers who are not employees. R: Information not available/incomplete. E: Our systems cannot currently record workers who are not employees.

 

 

 

 

 

 

 

 

 

 

 

3. Governance

 

 

 

 

2-9 Governance structure and composition

Corporate Governance

https://reports.llb.li/2023/ar/en/?p=12110#GRI2-9

 

 

2-10 Nomination and selection of the highest governance body

Corporate Governance

https://reports.llb.li/2023/ar/en/?p=12110#GRI2-10

 

 

2-11 Chair of the highest governance body

Corporate Governance

https://reports.llb.li/2023/ar/en/?p=12110#GRI2-9

 

 

2-12 Role of the highest governance body in overseeing the management of impacts

Our understanding of sustainability

https://reports.llb.li/2023/ar/en/?p=12108#Governance

 

 

2-13 Delegation of responsibility for managing impacts

Our understanding of sustainability

https://reports.llb.li/2023/ar/en/?p=12108#Governance

 

 

2-14 Role of the highest governance body in sustainability reporting

Our understanding of sustainability

https://reports.llb.li/2023/ar/en/?p=12108#Governance

 

 

2-15 Conflicts of interest

Corporate Governance

https://reports.llb.li/2023/ar/en/?p=12110#GRI2-15

 

 

2-16 Communication of critical concerns

Values and corporate management

https://reports.llb.li/2023/ar/en/?p=11578#GRI2-16

 

 

2-17 Collective knowledge of the highest governance body

Our understanding of sustainability

https://reports.llb.li/2023/ar/en/?p=12108#Governance

 

 

2-18 Evaluation of the performance of the highest governance body

Corporate Governance

https://reports.llb.li/2023/ar/en/?p=12110#GRI2-18

 

 

2-19 Remuneration policies

Compensation report

https://reports.llb.li/2023/ar/en/?p=11934#GRI2-19

 

 

2-20 Process to determine remuneration

Compensation report

https://reports.llb.li/2023/ar/en/?p=11893#GRI2-20

 

GRI 2: General Disclosures 2021

2-21 Annual total compensation ratio

Employees

https://reports.llb.li/2023/ar/en/?p=12070#GRI2-21

 

 

 

 

 

 

 

 

 

 

 

 

4. Strategy, policies and practices

 

 

 

 

2-22 Statement on sustainable development strategy

Letter to shareholders

https://reports.llb.li/2023/ar/en/?p=12100

 

 

2-23 Policy commitments

Values and corporate management

https://reports.llb.li/2023/ar/en/?p=11578

 

 

2-24 Embedding policy commitments

Our understanding of sustainability

https://reports.llb.li/2023/ar/en/?p=12108

 

 

Values and corporate management

https://reports.llb.li/2023/ar/en/?p=11578

 

 

2-25 Processes to remediate negative impacts

Environmental and social responsibility in banking

https://reports.llb.li/2023/ar/en/?p=11910

 

 

2-26 Mechanisms for seeking advice and raising concerns

Values and corporate management

https://reports.llb.li/2023/ar/en/?p=11578

 

 

2-27 Compliance with laws and regulations

Values and corporate management

https://reports.llb.li/2023/ar/en/?p=11578#GRI2-27

 

GRI 2: General Disclosures 2021

2-28 Membership associations

Industry initiatives and corporate citizenship

https://reports.llb.li/2023/ar/en/?p=12062#GRI2-28

 

 

 

 

 

 

 

 

 

 

 

 

5. Stakeholder engagement

 

 

 

 

2-29 Approach to stakeholder engagement

Material topics

https://reports.llb.li/2023/ar/en/?p=12024#GRI2-29

 

GRI 2: General Disclosures 2021

2-30 Collective bargaining agreements

Employees

https://reports.llb.li/2023/ar/en/?p=12070#GRI2-30

 

 

 

 

 

 

 

 

 

 

 

 

6. Disclosures on material topics

 

 

 

 

3-1 Process to determine material topics

Material topics

https://reports.llb.li/2023/ar/en/?p=12024#GRI3-1

 

GRI 3: Material Topics 2021

3-2 List of material topics

Material topics

https://reports.llb.li/2023/ar/en/?p=12024#GRI3-2

 

Material topics

 

 

 

 

 

 

Economic performance

 

 

 

GRI-Standard / other source

Disclosure

Location

Reference / Information

Omission (Requirements ommitted (RO), Reason (R), Explanation (E))

GRI 3: Material Topics 2021

3-3 Management of material topics

Economic value creation

https://reports.llb.li/2023/ar/en/?p=11579

 

 

201-1 Direct economic value generated and distributed

Key figures

https://reports.llb.li/2023/ar/en/?p=11766

 

 

201-3 Defined benefit plan obligations and other retirement plans

Employees

https://reports.llb.li/2023/ar/en/?p=12070#Pension

 

GRI 201: Economic performance 2016

201-4 Financial assistance received from government

Economic value creation

https://reports.llb.li/2023/ar/en/?p=11579#economic_role

 

 

 

 

 

 

 

 

 

 

 

 

Responsible corporate management

 

 

 

GRI 3: Material Topics 2021

3-3 Management of material topics

Values and corporate management

https://reports.llb.li/2023/ar/en/?p=11578#corporate_governance

 

 

 

 

 

 

 

 

 

 

 

 

Compliance

 

 

 

GRI 3: Material Topics 2021

3-3 Management of material topics

Values and corporate management

https://reports.llb.li/2023/ar/en/?p=11578#Compliance

 

 

205-2 Communication and training about anti-corruption policies and procedures

Values and corporate management

https://reports.llb.li/2023/ar/en/?p=11578#Compliance

 

GRI 205: Anti-corruption 2016

205-3 Confirmed incidents of corruption and actions taken

Values and corporate management

https://reports.llb.li/2023/ar/en/?p=11578#GRI2-27

 

GRI 205: Anti-competitive behaviour 2016

206-1 Legal actions for anti-competitive behavior, anti-trust, and monopoly practices

Values and corporate management

https://reports.llb.li/2023/ar/en/?p=11578#GRI2-27

 

 

 

 

 

 

 

 

 

 

 

 

Risk and reputation management

 

 

 

GRI 3: Material Topics 2021

3-3 Management of material topics

Risk management

https://reports.llb.li/2023/ar/en/?p=11705

 

 

 

 

 

 

 

 

 

 

 

 

Digitalisation and innovative strength

 

 

 

GRI 3: Material Topics 2021

3-3 Management of material topics

Economic value creation

https://reports.llb.li/2023/ar/en/?p=11579#digitalisation

 

 

 

 

 

 

 

 

 

 

 

 

Customer orientation

 

 

 

GRI 3: Material Topics 2021

3-3 Management of material topics

Environmental and social responsibility in banking

https://reports.llb.li/2023/ar/en/?p=11910#Customer

 

 

 

 

 

 

 

 

 

 

 

 

Sustainable financial services

 

 

 

GRI 3: Material Topics 2021

3-3 Management of material topics

Environmental and social responsibility in banking

https://reports.llb.li/2023/ar/en/?p=11910#products

 

 

 

 

 

 

 

 

 

 

 

 

Climate protection and climate risk management

 

 

 

GRI 3: Material Topics 2021

3-3 Management of material topics

Corporate environmental and climate protection

https://reports.llb.li/2023/ar/en/?p=12049#Climate_Protection

 

 

302-1 Energy consumption within the organization

Corporate environmental and climate protection

https://reports.llb.li/2023/ar/en/?p=12049#Key_figures

 

GRI 302: Energy 2016

302-4 Reduction of energy consumption

Corporate environmental and climate protection

https://reports.llb.li/2023/ar/en/?p=12049#energy

 

 

305-1 Direct (Scope 1) GHG emissions

Corporate environmental and climate protection

https://reports.llb.li/2023/ar/en/?p=12049#Key_figures

 

 

305-2 Energy indirect (Scope 2) GHG emissions

Corporate environmental and climate protection

https://reports.llb.li/2023/ar/en/?p=12049#Key_figures

 

 

305-3 Other indirect (Scope 3) GHG emissions

Corporate environmental and climate protection

https://reports.llb.li/2023/ar/en/?p=12049#Key_figures

 

GRI 305: Emissions 2016

305-5 Reduction of GHG emissions

Corporate environmental and climate protection

https://reports.llb.li/2023/ar/en/?p=12049#Development_CO2

 

 

 

 

 

 

 

 

 

 

 

 

Employer of choice

 

 

 

GRI 3: Material Topics 2021

3-3 Management of material topics

Employees

https://reports.llb.li/2023/ar/en/?p=12070

 

GRI 401: Employment 2016

401-1 New employee hires and employee turnover

Employees

https://reports.llb.li/2023/ar/en/?p=12070#Figures

 

 

403-1 Occupational health and safety management system

Employees

https://reports.llb.li/2023/ar/en/?p=12070#health

 

 

403-4 Worker participation, consultation, and communication on occupational health and safety

Employees

https://reports.llb.li/2023/ar/en/?p=12070#health

 

 

403-5 Worker training on occupational health and safety

Employees

https://reports.llb.li/2023/ar/en/?p=12070#health

 

 

403-6 Promotion of worker health

Employees

https://reports.llb.li/2023/ar/en/?p=12070#health

 

GRI 403: Occupational health and safety 2018

403-7 Prevention and mitigation of occupational health and safety impacts directly linked by business relationships

Employees

https://reports.llb.li/2023/ar/en/?p=12070#health

 

 

 

 

 

 

 

 

 

 

 

 

Recruitment and talent development

 

 

 

GRI 3: Material Topics 2021

3-3 Management of material topics

Employees

https://reports.llb.li/2023/ar/en/?p=12070#Training

 

 

404-2 Programs for upgrading employee skills and transition assistance programs

Employees

https://reports.llb.li/2023/ar/en/?p=12070#Training

 

GRI 404: Training and education 2016

404-3 Percentage of employees receiving regular performance and career development reviews

Employees

https://reports.llb.li/2023/ar/en/?p=12070#Training

 

 

 

 

 

 

 

 

 

 

 

 

Diversity, equal opportunity and inclusion

 

 

 

GRI 3: Material Topics 2021

3-3 Management of material topics

Employees

https://reports.llb.li/2023/ar/en/?p=12070#Diversity

 

GRI 405: Diversity and equal opportunity 2016

405-1 Diversity of governance bodies and employees

Employees

https://reports.llb.li/2023/ar/en/?p=12070#Diversity

 

GRI 406: Non-discrimination 2016

406-1 Incidents of discrimination and corrective actions taken

Employees

https://reports.llb.li/2023/ar/en/?p=12070#Diversity

 

 

 

 

 

 

 

 

 

 

 

 

Economic role and regional employer

 

 

 

GRI 3: Material Topics 2021

3-3 Management of material topics

Economic value creation

https://reports.llb.li/2023/ar/en/?p=11579#economic_role

 

GRI 203: Indirect economic impacts 2016

203-2 Significant indirect economic impacts

Economic value creation

https://reports.llb.li/2023/ar/en/?p=11579#economic_role

 

 

 

 

 

 

 

 

 

 

 

 

Data protection and cyber security

 

 

 

GRI 3: Material Topics 2021

3-3 Management of material topics

Values and corporate management

https://reports.llb.li/2023/ar/en/?p=11578#data_protection

 

GRI 418: Customer privacy 2016

418-1 Substantiated complaints concerning breaches of customer privacy and losses of customer data

Values and corporate management

https://reports.llb.li/2023/ar/en/?p=11578#data_protection