Lightspeed
Lightspeed Commerce Inc., commonly known as Lightspeed, is a leading provider of cloud-based point-of-sale (POS) systems and e-commerce solutions. Headquartered in Canada, the company operates extensively across North America and Europe, serving a diverse range of industries including retail, hospitality, and e-commerce. Founded in 2005, Lightspeed has achieved significant milestones, including the launch of its innovative POS platform that integrates seamlessly with various payment processors and inventory management systems. The company’s core offerings, such as Lightspeed Retail and Lightspeed Restaurant, stand out for their user-friendly interfaces and robust features tailored to enhance operational efficiency. With a strong market position, Lightspeed has garnered recognition for its commitment to empowering businesses through technology, making it a trusted partner for merchants looking to thrive in a competitive landscape.
DitchCarbon Score
How does Lightspeed'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 Computer 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
Lightspeed's score of 29 is higher than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Lightspeed's reported carbon emissions
In 2023, Lightspeed reported significant carbon emissions, with a total of approximately 2,852,454 kg CO2e attributed to Scope 3 emissions from business travel. This marks a notable focus on indirect emissions, as the company did not disclose any Scope 1 or Scope 2 emissions data for this year. For the previous year, 2022, Lightspeed's total emissions were approximately 966,000 kg CO2e, which included 534,000 kg CO2e from Scope 1, 193,000 kg CO2e from Scope 2, and 184,000 kg CO2e from Scope 3 emissions, specifically from business travel. This data indicates a comprehensive approach to emissions reporting, covering all three scopes. Despite the detailed emissions reporting, Lightspeed has not set specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or commitments to frameworks such as the Science Based Targets initiative (SBTi). The company’s climate strategy appears to be in its early stages, focusing primarily on emissions disclosure without formalised reduction commitments. Overall, Lightspeed's emissions data reflects a growing awareness of carbon footprints, particularly in the context of business travel, but lacks concrete reduction strategies or targets at this time.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 534,000 | - |
| Scope 2 | 193,000 | - |
| Scope 3 | 184,000 | 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.
Lightspeed 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.
