Paper and energy consumption

Paper consumption

Our paper consumption per 31 December 2009 amounted to 96.06 tonnes (previous year: 117.55 tonnes).

Although we are committed to saving paper, as a financial services institution we still require large numbers of client vouchers, forms, printed matter and envelopes. However, we are implementing measures to reduce our paper consumption. For example, we publish numerous brochures and documents as PDF files on our website. Moreover, we offer client vouchers in electronic form in our LLB iBanking programme. Daily and quarterly statements are printed out only upon the explicit wish of the client.

When brochures are printed, we pay strict attention to the fact that only so many are printed as are actually required. This pays off in both ecological and economical terms. Moreover, we use environmentally certified paper for documents which are printed in large numbers on a monthly or quarterly basis. This FSC (Forest Stewardship Council) certificate guarantees that the paper employed originates from exemplary managed forests or other controlled sources.

Paper consumption

2006–2009, in tonnes

Paper consumption in tonnes (bar chart)

Waste disposal

Waste is already sorted at the various work places into categories according to security and environmental criteria. Central collection points are located in all bank buildings for ordinary rubbish and waste requiring special disposal (e. g. printer cartridges, batteries etc.). Thanks to the separation of waste, a large proportion of used materials can be recycled and disposed of properly.

In 2009, the quantity of old paper and cardboard increased slightly in comparison with the previous year. The rise was also due to the building waste generated by various remodelling and renovation projects.

Waste disposal

2006–2009, in tonnes

Waste disposal in tonnes (bar chart)

Energy consumption

We employ the following energy sources: gas, geothermal power, heating oil and electrical power to the heat pumps. One of our leased office buildings is heated with oil, while our own properties employ solely gas and geothermal power.

On account of the lower outside temperatures, more heating was required in 2009.

The solar panels on two of our buildings in Vaduz generated 9'124 kilowatt-hours of power.

Power generated by solar panels

2006–2009, in kilowatt-hours

Power generated by solar panels in kilowatt-hours (bar chart)

Our overall energy consumption rose year-on-year by 11 percent. This higher consumption was due not only to the growth of our bank, but also to the higher performance of servers required for the parallel operation of existing and new banking software.