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Lion Electric, headquartered in California, is a prominent player in the furniture and other manufactured goods industry, specifically classified under "Furniture; other manufactured goods n.e.c. (36)." Founded in 2016, the company has quickly established itself as a leader in innovative furniture solutions, focusing on sustainability and design excellence.
With a commitment to quality, Lion Electric offers a diverse range of products, including eco-friendly furniture and custom manufacturing services that cater to both residential and commercial markets. Their unique approach combines functionality with aesthetic appeal, setting them apart in a competitive landscape.
Recognised for their dedication to craftsmanship and environmental responsibility, Lion Electric has achieved significant milestones, positioning itself as a trusted name in the industry. Their operational reach extends beyond California, serving various regions and contributing to a growing reputation for excellence in furniture manufacturing.
-10 vs industry average
Lion Electric’s score of 16 is lower than 36% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Furniture Manufacturing has above-average carbon intensity
The Furniture Manufacturing industry has reduced its overall emissions by 31% since 2018
Scope 3 accounts for ••• of total emissions.
Lion Electric, headquartered in CA and operating within the "Furniture; other manufactured goods n.e.c. (36)" industry, reported approximately 3.14 million kg CO2e in total emissions for the 2023 reporting year. For 2022, the company disclosed Scope 1 and Scope 2 emissions totalling approximately 1.9 million kg CO2e. This includes Scope 1 emissions from stationary and mobile combustion, amounting to approximately 924,000 kg CO2e and 266,000 kg CO2e respectively. Scope 2 emissions for purchased electricity in 2022 were approximately 708,000 kg CO2e.
Earlier data shows that in 2021, Lion Electric reported Scope 1 and Scope 2 emissions of approximately 712,000 kg CO2e, with Scope 1 from stationary combustion being approximately 570,000 kg CO2e and mobile combustion around 63,000 kg CO2e. Scope 2 emissions from purchased electricity in 2021 were approximately 79,000 kg CO2e. In 2020, Scope 1 and Scope 2 emissions were approximately 498,000 kg CO2e, comprising 417,000 kg CO2e from stationary combustion and 63,000 kg CO2e from mobile combustion for Scope 1, and 18,000 kg CO2e from purchased electricity for Scope 2.
Lion Electric's ESG reporting indicates efforts in environmental stewardship, with detailed emissions data available in their ESG reports. While specific, overarching climate reduction targets or SBTi commitments were not detailed in the provided data, the company does track and report its emissions annually, covering Scope 1 and Scope 2.
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No climate goals have been disclosed for Lion Electric yet.
No scope 3 category breakdown has been disclosed yet.
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