Essilor Luxottica

Essilor Luxottica's reported carbon emissions

EssilorLuxottica, a leading Ophthalmic Goods Manufacturer headquartered in France, has reported its carbon emissions for the period between 2020 and 2025. **Emissions Overview:** * For 2025, the company's total reported emissions were approximately **4.64 billion kg CO2e**. This comprised: * Scope 1 emissions: approximately **118.7 million kg CO2e**. * Scope 2 emissions (market-based): approximately **381.7 million kg CO2e**. * Scope 3 emissions: approximately **4.14 billion kg CO2e**. * In 2024, total emissions were around **4.42 billion kg CO2e**, with Scope 1 at about **116.1 million kg CO2e**, Scope 2 (market-based) at approximately **475.6 million kg CO2e**, and Scope 3 at approximately **3.83 billion kg CO2e**. * For 2023, Scope 1 emissions were approximately **133.5 million kg CO2e**, Scope 2 (market-based) were about **529.6 million kg CO2e**, and Scope 3 emissions were partially reported, with notable categories including upstream transportation and distribution at approximately **317.4 million kg CO2e**. * In 2022, total emissions were approximately **4.13 billion kg CO2e**. This included Scope 1 emissions of about **160.2 million kg CO2e**, Scope 2 (market-based) of approximately **544.4 million kg CO2e**, and Scope 3 of about **3.42 billion kg CO2e**. * For 2021, Scope 1 emissions were around **52.8 million kg CO2e**, and Scope 2 (location-based) were approximately **719.8 million kg CO2e**. Scope 3 emissions included upstream transportation and distribution at approximately **303.1 million kg CO2e**. * In 2020, Scope 1 emissions were approximately **46 million kg CO2e**, and Scope 2 (location-based) were about **696.8 million kg CO2e**. * For 2019, Scope 1 emissions were approximately **49.5 million kg CO2e**, and Scope 2 (location-based) were about **737.6 million kg CO2e**. Scope 3 emissions included upstream transportation and distribution at approximately **239.8 million kg CO2e**. * In 2018, Scope 1 emissions were approximately **52.2 million kg CO2e**, and Scope 2 (purchased electricity) were about **696.5 million kg CO2e**. Scope 3 emissions included upstream transportation and distribution at approximately **406.8 million kg CO2e**. **Climate Commitments and Reduction Targets:** EssilorLuxottica has set ambitious targets to address its environmental impact: * **Carbon Neutrality by 2025:** The company committed to achieving carbon neutrality for its direct operations (Scope 1 and Scope 2) by 2025, with a specific milestone of carbon neutrality for its European operations by 2023. * **Absolute Reduction Targets (2030):** EssilorLuxottica is committed to a 42% absolute reduction in Scope 1 and 2 GHG emissions by 2030, using a 2022 base year. This target is in line with keeping warming to 1.5°C. * **Scope 3 Reduction Target:** The company also aims for a 25% absolute reduction in specific Scope 3 categories (purchased goods and services excluding certain sub-categories, fuel and energy-related activities, upstream transportation and distribution, and waste generated in operations) by 2030, based on a 2022 baseline. This is aligned with well-below 2°C pathways. These targets are recognised by the Science Based Targets initiative (SBTi), confirming their alignment with climate science. The company's climate initiatives are consistent with its commitment to reducing its overall carbon footprint.