Lowe's Companies, Inc., commonly known as Lowe's, is a leading home improvement retailer headquartered in Mooresville, North Carolina, USA. Founded in 1946, the company has grown to become a prominent player in the home improvement industry, serving millions of customers across the United States and Canada. Lowe's offers a wide range of products and services, including building materials, home improvement supplies, and appliances, distinguished by their commitment to quality and customer service. The retailer is known for its innovative approach, such as the introduction of advanced online shopping tools and a robust loyalty programme. With a strong market position, Lowe's has consistently ranked among the top home improvement retailers, achieving significant milestones in sustainability and community engagement. Their dedication to providing exceptional value and a diverse product selection makes Lowe's a trusted choice for DIY enthusiasts and professional contractors alike.
How does Lowes's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Real Estate Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Lowes's score of 51 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Lowe's Companies, Inc. reported total carbon emissions of approximately 413,268,000 kg CO2e for Scope 1 and 868,000,000 kg CO2e for Scope 2, alongside Scope 3 emissions of about 120,103,000,000 kg CO2e. This reflects a commitment to reducing emissions across all scopes, with a long-term target set for net-zero emissions by 2050. Lowe's has been actively working towards its climate commitments, having joined the Science Based Targets initiative (SBTi) and committed to net-zero emissions. The company aims to achieve significant reductions in its carbon footprint, aligning with global climate goals. Historically, in 2020, Lowe's reported Scope 1 emissions of approximately 473,000,000 kg CO2e and Scope 2 emissions of about 1,430,000,000 kg CO2e, with Scope 3 emissions reaching approximately 2,710,148,000 kg CO2e. The company has demonstrated a consistent effort to monitor and report its emissions, reflecting its dedication to sustainability in the retail sector. Overall, Lowe's is focused on reducing its greenhouse gas emissions and enhancing its sustainability practices, contributing to a more environmentally responsible retail industry.
Access structured emissions data, company-specific emission factors, and source documents
Get Started2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|---|
Scope 1 | 354,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 2 | 2,054,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 3 | - | - | - | - | 0,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Lowes is committed to some reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.