Lagos Free Zone
Lagos Free Zone (LFZ), headquartered in ZA, is a premier special economic zone located in Nigeria, strategically positioned to enhance trade and investment in the region. Established in 2011, LFZ has rapidly evolved into a key player in the logistics, manufacturing, and trade industries, facilitating seamless business operations for both local and international companies. The zone offers a unique blend of core services, including warehousing, customs facilitation, and infrastructure development, designed to optimise supply chain efficiency. LFZ's commitment to creating a business-friendly environment has garnered recognition, positioning it as a leading hub for foreign direct investment in West Africa. With its state-of-the-art facilities and strategic location, Lagos Free Zone continues to drive economic growth and innovation in the region.
DitchCarbon Score
How does Lagos Free Zone'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 Business 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.
Industry Benchmark
Lagos Free Zone's score of 1 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Lagos Free Zone's reported carbon emissions
In 2023, Lagos Free Zone reported total carbon emissions of approximately 2,283,670 kg CO2e. This figure includes 811,870 kg CO2e from Scope 1 emissions, which are direct emissions from owned or controlled sources, and 176,450 kg CO2e from Scope 2 emissions, representing indirect emissions from the consumption of purchased electricity. Notably, Scope 3 emissions accounted for about 1,962,270 kg CO2e, which includes all other indirect emissions that occur in the value chain. Comparatively, in 2022, the total emissions were about 2,774,000 kg CO2e, with Scope 1 emissions at 675,830 kg CO2e and Scope 2 emissions at 113,690 kg CO2e. This indicates a significant reduction in total emissions from 2022 to 2023, amounting to approximately 490,330 kg CO2e. Despite these reductions, Lagos Free Zone has not publicly disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The absence of formal commitments suggests a need for further transparency regarding their long-term climate strategy and goals.
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Add to project| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 675,830 | 000,000 |
| Scope 2 | 113,690 | 000,000 |
| Scope 3 | 1,494,150 | 0,000,000 |
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.
Lagos Free Zone is not committed to any 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.
