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.
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.
Industry Benchmark
Essilor Luxottica's score of 68 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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. 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 targets a 25% reduction in absolute Scope 3 emissions, which include emissions from purchased goods and services, fuel and energy-related activities, upstream transportation and distribution, and waste generated in operations, within the same timeframe. These targets align with the Science Based Targets initiative (SBTi) and reflect the company's commitment to addressing climate change effectively.
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| 2021 | 2024 | |
|---|---|---|
| Scope 1 | 52,807,000 | 000,000,000 |
| Scope 2 | 719,786,000 | 000,000,000 |
| Scope 3 | 303,122,000 | 0,000,000,000 |
Industry emissions intensity
Location emissions 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.
