Local Bounti
Local Bounti, headquartered in the United States, is a pioneering player in the sustainable agriculture industry, specialising in the production of fresh, locally sourced produce. Founded in 2018, the company has rapidly expanded its operations across key regions, focusing on innovative farming techniques that prioritise environmental stewardship and community engagement. Local Bounti's core offerings include a diverse range of leafy greens and herbs, cultivated using advanced controlled environment agriculture (CEA) methods. This unique approach not only enhances flavour and nutritional value but also significantly reduces water usage and carbon footprint. With a commitment to sustainability, Local Bounti has positioned itself as a leader in the market, achieving notable milestones in efficiency and product quality. The company continues to set benchmarks in the industry, making fresh produce accessible while championing eco-friendly practices.
DitchCarbon Score
How does Local Bounti'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 Business 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
Local Bounti's score of 29 is higher than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Local Bounti's reported carbon emissions
In 2023, Local Bounti reported total carbon emissions of approximately 331,037.15 kg CO2e, comprising about 241,424.99 kg CO2e from Scope 1 and about 89,612.16 kg CO2e from Scope 2. This marks an increase in emissions compared to 2022, where the company recorded about 141,489.07 kg CO2e (87,542.42 kg CO2e from Scope 1 and 53,946.65 kg CO2e from Scope 2). Local Bounti has not disclosed any specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of Scope 3 emissions data suggests a potential area for future reporting and improvement. The company operates within the agricultural sector, which is increasingly focused on sustainability and reducing greenhouse gas emissions. As Local Bounti continues to grow, it may consider establishing formal climate commitments to align with industry standards and enhance its sustainability profile.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 153,882.57 | 00,000.00 | 000,000.00 |
| Scope 2 | 35,665.51 | 00,000.00 | 00,000.00 |
| Scope 3 | - | - | - |
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.
Local Bounti 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.
