Leax Sustainability Profile
Leax, officially known as Leax Group, is a prominent player in the manufacturing industry, headquartered in Sweden (SE). Established in 1974, the company has carved a niche in precision engineering, specialising in the production of complex components for various sectors, including automotive, energy, and industrial applications. With a strong operational presence across Europe and beyond, Leax is recognised for its commitment to quality and innovation. The company offers a diverse range of services, including machining, assembly, and logistics, distinguished by its advanced technology and customer-centric approach. Leax has achieved significant milestones, including strategic partnerships and expansions that have solidified its market position. Renowned for its reliability and expertise, Leax continues to set industry standards, making it a trusted choice for clients seeking high-quality manufacturing solutions.
DitchCarbon Score
How does Leax'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 Electrical Machinery 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
Leax's score of 35 is higher than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Leax's reported carbon emissions
LEAX Group AB, headquartered in Sweden, has set ambitious climate commitments aimed at significantly reducing its carbon emissions. Although specific emissions data for the most recent year is not available, the company has established near-term targets to address its greenhouse gas (GHG) emissions. LEAX Group AB commits to reducing its absolute Scope 1 and 2 GHG emissions by approximately 46.2% by 2030, using 2019 as the base year. Additionally, the company aims to increase its active annual sourcing of renewable electricity from about 67% in 2019 to 100% by 2030. In terms of Scope 3 emissions, LEAX plans to reduce GHG emissions from purchased goods and services by 55% per tonne of purchased goods by 2030, also from a 2019 baseline. Furthermore, the company has pledged that by 2029, 100% of its customers by revenue, covering the use of sold products, will have science-based targets in place. These commitments align with the Science Based Targets initiative (SBTi) and reflect LEAX's dedication to contributing to global climate goals. The targets are designed to keep global warming below 1.5°C, demonstrating the company's proactive approach to sustainability within the automobiles and components sector.
How Carbon Intensive is Leax's Industry?
How Carbon Intensive is Leax's Location?
Leax's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Leax has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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