Public Profile

Essilor Luxottica

EssilorLuxottica, a global leader in the eyewear industry, is headquartered in France and operates extensively across Europe, North America, and Asia. Formed in 2018 through the merger of Essilor and Luxottica, the company has quickly established itself as a powerhouse in vision care and eyewear solutions. With a rich history dating back to 1849, EssilorLuxottica is renowned for its innovative products, including prescription lenses, sunglasses, and optical equipment. The company’s commitment to quality and design is evident in its diverse portfolio, which features iconic brands such as Ray-Ban and Oakley. As a market leader, EssilorLuxottica has achieved significant milestones, including advancements in digital eye care and sustainability initiatives, solidifying its position as a pioneer in the eyewear sector.

DitchCarbon Score

How does Essilor Luxottica'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.

46

Industry Average

Mean score of companies in the Medical Device Manufacturing 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.

4

Industry Benchmark

Essilor Luxottica's score of 46 is higher than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.

96%

Essilor Luxottica's reported carbon emissions

In 2023, EssilorLuxottica reported total carbon emissions of approximately 953,435,000 kg CO2e, comprising 133,486,000 kg CO2e from Scope 1, 529,624,000 kg CO2e from Scope 2, and 499,764,000 kg CO2e from Scope 3 emissions. This reflects a significant increase in emissions compared to previous years, with Scope 1 emissions rising from 172,587,000 kg CO2e in 2022 and Scope 3 emissions increasing from 479,118,000 kg CO2e. The company has set ambitious climate commitments, aiming to reduce absolute Scope 1 and 2 greenhouse gas emissions by 42% by 2030, using 2022 as the base year. Additionally, EssilorLuxottica plans to cut Scope 3 emissions by 25% within the same timeframe. These targets align with the Science Based Targets initiative (SBTi) and are designed to support global efforts to limit temperature rise to 1.5°C. EssilorLuxottica's emissions data highlights the ongoing challenges in managing carbon footprints, particularly in the context of increasing operational demands. The company's commitment to substantial reductions underscores its dedication to sustainability and climate action within the healthcare equipment and supplies sector.

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20192020202120222023
Scope 1
49,547,000
00,000,000
00,000,000
000,000,000
000,000,000
Scope 2
724,082,000
000,000,000
000,000,000
000,000,000
000,000,000
Scope 3
239,753,000
000,000,000
000,000,000
000,000,000
000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Essilor Luxottica's primary industry is Medical, precision and optical instruments, watches and clocks (33), which is low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Essilor Luxottica is headquartered in FR, which has a rank of very low, indicating very low grid carbon intensity.

Reduction initiatives & disclosure networks

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.

Essilor Luxottica 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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