Lloyd's Register, often referred to as LR, is a global leader in engineering and technology services, headquartered in Great Britain. Founded in 1760, the company has a rich history of innovation and safety, primarily serving the maritime, oil and gas, and renewable energy sectors. With a presence in over 70 countries, Lloyd's Register is renowned for its commitment to enhancing safety and performance through rigorous risk management and compliance solutions. The company offers a diverse range of services, including classification, certification, and consultancy, which are distinguished by their technical expertise and industry knowledge. Lloyd's Register's dedication to sustainability and digital transformation positions it as a trusted partner in navigating the complexities of modern industry. Recognised for its pioneering role in setting safety standards, Lloyd's Register continues to uphold its reputation as a benchmark for quality and reliability in the global market.
How does Lloyds Register'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.
Mean score of companies in the Other 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.
Lloyds Register's score of 36 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Lloyds Register reported total carbon emissions of approximately 2,000,000 kg CO2e, comprising 1,081,000 kg CO2e from Scope 1, 689,000 kg CO2e from Scope 2, and 1,168,000 kg CO2e from Scope 3 emissions. This marks a significant reduction from their 2020 emissions of about 99,406,000 kg CO2e, which included 2,844,490 kg CO2e from Scope 1, 3,792,880 kg CO2e from Scope 2, and a substantial 92,769,000 kg CO2e from Scope 3. Lloyds Register has set ambitious climate commitments, aiming to achieve a 63% reduction in absolute Scope 1 and 2 greenhouse gas emissions by FY2034/35 from a FY2019/20 baseline. Additionally, they target a 37.5% reduction in Scope 3 emissions, specifically from purchased goods and services and business travel, within the same timeframe. Looking further ahead, they have committed to reaching net-zero emissions across their value chain by FY2050, with long-term goals of reducing Scope 1 and 2 emissions by 90% and Scope 3 emissions by 90% from a FY2023 baseline. These targets align with industry standards for climate action, demonstrating Lloyds Register's commitment to sustainability and responsible environmental stewardship.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2020 | 2022 | 2023 | |
---|---|---|---|
Scope 1 | 2,844,490 | 0,000,000 | 0,000,000 |
Scope 2 | 3,792,880 | 0,000,000 | 000,000 |
Scope 3 | 92,769,000 | - | 0,000,000 |
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.
Lloyds Register is committed to some 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.