Lloyd's Register, often referred to simply as LR, is a prominent entity in the "Other services (93)" industry, headquartered in Great Britain. Established in 1760, the organisation has a rich history of providing essential services in maritime, energy, and transportation sectors. With a global presence, Lloyd's Register operates in key regions including Europe, Asia, and the Americas.
The company is renowned for its core offerings, which include risk management, certification, and compliance services, tailored to enhance safety and performance across various industries. Lloyd's Register's commitment to innovation and sustainability sets it apart, as it continually adapts to meet the evolving needs of its clients. Recognised for its expertise, the organisation holds a strong market position, contributing significantly to industry standards and best practices.
+28 vs industry average
Lloyds Register’s score of 53 is higher than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Other Services has below-average carbon intensity
Industry performance
The Other Services industry has reduced its overall emissions by 5% since 2019
Emissions trajectory 2020 – 2023
Reported emissions
Scope 3 accounts for ••• of total emissions.
Lloyds Register's reported carbon emissions
Lloyd's Register's latest reported carbon emissions are from 2020, totalling approximately 99.4 million kg CO2e. This figure comprises Scope 1 emissions of about 2.8 million kg CO2e, Scope 2 emissions of approximately 3.8 million kg CO2e, and Scope 3 emissions of about 92.8 million kg CO2e.
Lloyd's Register has set ambitious climate commitments, aiming to reduce absolute Scope 1 and 2 greenhouse gas (GHG) emissions by 63% by FY2034/35 from a FY2019/20 base year. Additionally, the organisation commits to reducing absolute Scope 3 GHG emissions, specifically from purchased goods and services and business travel, by 37.5% within the same timeframe. More recent targets, aligned with a FY2023 base year, include a 59% reduction in absolute Scope 1 and 2 GHG emissions by FY2034, and a 35% reduction in absolute Scope 3 emissions from purchased goods and services and business travel by the same year. Lloyd's Register Group Limited has also committed to reaching net-zero GHG emissions across its value chain by FY2050, with a long-term target of a 90% reduction in absolute Scope 1, 2, and 3 emissions by FY2050 from a FY2023 base year.
This emission data and climate commitment information is cascaded from the ultimate parent company, Lloyd's Register Group Limited.
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Lloyds Register’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Lloyds Register yet.
Scope 3 top emissions categories
7 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Lloyds Register
Frequently asked questions
Common questions about Lloyds Register’s sustainability data and climate commitments
Data year: 2020
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