Lightnet
Lightnet Group, headquartered in Germany, is a pioneering player in the fintech industry, specialising in blockchain technology and digital asset solutions. Founded in 2017, the company has rapidly expanded its operations across Europe and Asia, establishing a strong presence in the digital finance landscape. Lightnet's core offerings include a unique cross-border payment platform that leverages blockchain to enhance transaction speed and security. This innovative approach positions Lightnet as a leader in providing efficient financial services, catering to both businesses and consumers. With notable achievements such as strategic partnerships and recognition in the fintech community, Lightnet continues to drive advancements in digital finance, making it a key contender in the evolving market.
DitchCarbon Score
How does Lightnet'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 Electricity Distribution 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
Lightnet's score of 10 is higher than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Lightnet's reported carbon emissions
In 2023, Lightnet reported total carbon emissions of approximately 6,089,550 kg CO2e, with emissions distributed across various scopes: 98,020 kg CO2e from Scope 1, 67,910 kg CO2e from Scope 2, and 30,100 kg CO2e from Scope 3. This marks a significant increase from 2022, when total emissions were about 2,081,920 kg CO2e, comprising 78,250 kg CO2e in Scope 1, 58,250 kg CO2e in Scope 2, and 20,000 kg CO2e in Scope 3. Lightnet has set ambitious reduction targets, aiming for a 30% decrease in Scope 1 and Scope 2 greenhouse gas emissions by 2030, starting from 2022 levels. This commitment reflects the company's dedication to mitigating its environmental impact and aligns with industry standards for climate action. The focus on both Scope 1 and Scope 2 emissions indicates a comprehensive approach to reducing direct and indirect emissions associated with its operations.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 78,250 | 00,000 |
| Scope 2 | 58,250 | 00,000 |
| Scope 3 | 20,000 | 00,000 |
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.
Lightnet is not participating in any of the initiatives that 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.
