Operational ecology

Energy consumption

The LLB Group intends to constantly increase its contribution to the environmentally friendly use of resources. The new branch office in Eschen is designed to be energy efficient. As such, this flagship project will have a great impact in the future. In 2013, the Vaduz headquarters of the Liechtensteinische Landesbank consumed 1'033'439 kilowatt-hours of heating energy as compared to 892'342 kilowatt-hours in 2012. This rise in consumption has several reasons. In 2013, the heating period lasted longer than the first quarter of the year and until the middle of the second quarter. The Eschen branch office’s data had a full-year impact on statistics for the first time. Furthermore, parallel operations were necessary until the implementation of the new IT centre was completed. As expected, power consumption slightly increased. In 2013, LLB headquarters in Liechtenstein used 4'318'945 kilowatt-hours of electricity (2012: 4'238'052 kWh). Our main buildings are responsible for the bulk of energy consumption. Since three of our business premises (headquarters, Haus Wuhr Ost, Haus Engel) are equipped with photovoltaic systems, we generate part of our electric power in an environmentally friendly manner. In 2013, the solar power system produced 12'509 kilowatt-hours (2012: 11'976 kWh).

Electricity generated from photovoltaic systems

2009 – 2013, in kilowatt-hours

Electricity generated from photovoltaic systems (bar chart)
Electricity consumption

2009 – 2013, in kilowatt-hours

Electricity consumption in kilowatt-hours (bar chart)

Paper consumption

Paper consumption in industrialized societies is increasing despite the use of digital media. At the same time, the raw materials are chiefly produced in developing countries. This has considerable ecological and social consequences. We make a sustained effort to continuously reduce paper consumption within the LLB Group. The automatic duplex function, installed in all of our printers and copying machines, means that everything is printed double-sided. Moreover, we inform our clients that numerous brochures and documents can be accessed as PDF files on our web site. More and more clients are using our LLB online banking system and our mobile banking app: two thirds use them for making payments and one fifth of clients use them for their stock exchange orders. All bank statements are available online via the electronic mailbox. It is not only the quantity of paper a company uses that counts but also the quality of that paper. This is why the LLB Group exclusively uses paper from environmentally responsible forestry with the globally recognized FSC label when printing brochures that are produced in large numbers at monthly or quarterly intervals.


Waste management within the LLB Group means avoiding, recycling and properly disposing of waste. There are central collection points in all buildings for the separation of waste and the disposal of paper, glass and PET bottles as well as for waste requiring special disposal. The amount of waste further decreased to 92.6 tonnes in 2013 (2012: 95 tonnes).

Sustainable procurement

We increasingly raise our employees’ awareness to consider sustainability when choosing office supplies, office equipment and suppliers. Our new purchasing management is planning a central purchasing portal. This will support our mission to integrate the factor of sustainability, analyse savings potential and reduce costs. On the one hand, this means carefully assessing actual demand or reusability as well as supplier relations prior to each purchase; on the other hand, we have set minimum standards that our suppliers are obliged to accept. These include compliance with laws, minimization of the environmental impact, employee safety and staff health protection as well as the avoidance of both child labour and forced labour. Fairness, transparency, data protection, human rights as well as ecological and ethical behaviour are essential criteria for our purchasing management.

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