About this Sustainability Report
Reporting standards
As was also the case in the previous year, LUKB has prepared its 2025 Sustainability Report in accordance with the GRI standards (see ‘GRI index’).
The Sustainability Report also once again complies with the legal requirements of the Swiss Code of Obligations (CO) on non-financial reporting (Art. 964a to c CO) as well as the provisions set out in the Ordinance on Climate Disclosures.
In accordance with Article 2 of the Ordinance on Climate Disclosures, LUKB continues to follow the recommendations of the former Task Force on Climate-related Financial Disclosures (TCFD); see ‘Report on non-financial matters‘.
As stipulated in Articles 4 and 5 of this ordinance, LUKB has also published the report sections on climate disclosures in a machine-readable, internationally recognised electronic format for the first time. In the absence of specific requirements and standards for Switzerland, the implementation of the machine readability requirement was based on elements of the XBRL taxonomy proposed by EFRAG for the European Sustainability Reporting Standards (ESRS)1). The corresponding iXBRL file2) is available on the LUKB website.
Period covered and frequency of reporting
Unless stated otherwise, all information refers to the period from 1 January to 31 December 2025 or the balance sheet date of 31 December 2025. The reporting period therefore corresponds to that of the Annual Report, including the Group and parent company financial reports.
The report is published annually.
The Sustainability Report forms part of the 2025 Annual Report published on 20 March 2026. LUKB's separate 2025 Disclosure Report also contains the information required by FINMA Circular 2016/01 ‘Disclosure – banks’.
These reports are available in German and English; the reports in English are translations of the original German version and are for information purposes only. In the event of discrepancies or ambiguities between the English and German versions, the German version takes precedence.
System limits
The 2025 Sustainability Report covers the entire LUKB Group. As of 31 December 2025, it comprises the following companies: Luzerner Kantonalbank AG (LUKB parent company) and LUKB Expert Fondsleitung AG. These companies form the scope of consolidation of the Group Financial Report and the Sustainability Report. Refinum AG ceased operating activities in 2024 and was integrated into the parent company in the course of 2025 as part of an absorption merger.
The parent company Luzerner Kantonalbank AG, headquartered at Pilatusstrasse 12 in 6003 Lucerne, is a public limited company under private law and is listed on the SIX Swiss Exchange (Valor: 125 293 061, ISIN number: CH1252930610).
The subsidiary LUKB Expert Fondsleitung AG is fully consolidated in the Sustainability Report, in line with the Group Financial Report.
Unless stated otherwise, the figures published in the Sustainability Report always refer to the entire Group.
The report was prepared taking into account the principle of materiality in relation to the topics and expectations of the various stakeholders.
Corrections and restatements of information
- GRI 404 Training and education: Correction of the number of training and education days (see the ‘Training and education’ table in ‘Other key figures’ in the ‘Employer responsibility and attractiveness’ section)
- GRI 305 Emissions: Correction of location-based Scope 2 emissions in 2024 based on the actual electricity bill for a property (see ‘Scope 1 and Scope 2 GHG emissions’ in the ‘Greenhouse gas emissions and climate protection’ section)
- GRI 302 Energy: Correction of thermal energy consumption in 2024 based on the actual billing for a property (see Section ‘Greenhouse gas emissions and climate protection’, subsection ‘Action Area 2.1: Energy savings’)
- GRI 306 Waste: Restatement of the previous year's figures for recycling and incineration waste (see ‘Waste’ in the ‘Procurement and waste disposal’ subsection of the ‘Other topics’ section)
External audit
The 2025 Sustainability Report was not audited externally.
The Financial Reports of the Group and the parent company were audited by the external audit firm PricewaterhouseCoopers AG (see 2025 Annual Report, ‘Report of the statutory auditor on the consolidated financial statements’ and ‘Report of the statutory auditor on the financial statements of the parent company’).
Contact
Luzerner Kantonalbank AG
Erich Felder
Head of the Sustainability Office
nachhaltigkeit@lukb.ch