LOOMIS
Loomis AB, commonly referred to as Loomis, is a leading provider of cash handling services headquartered in Sweden (SE). Established in 1852, the company has evolved into a key player in the security and logistics industry, with a strong presence across Europe and North America. Loomis specialises in secure cash management, including cash-in-transit, cash processing, and ATM services, distinguished by its commitment to safety and efficiency. The company has achieved significant milestones, including the expansion of its service offerings and the integration of advanced technology in its operations. With a robust market position, Loomis is recognised for its reliability and innovation, making it a trusted partner for businesses seeking secure cash solutions. Its dedication to customer service and operational excellence continues to set it apart in the competitive landscape of cash logistics.
DitchCarbon Score
How does LOOMIS'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 Services Auxiliary to Financial Intermediation 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
LOOMIS's score of 42 is higher than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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LOOMIS's reported carbon emissions
In 2023, Loomis reported total carbon emissions of approximately 134,075,000 kg CO2e for Scope 1 and about 21,150,000 kg CO2e for Scope 2, resulting in combined Scope 1 and 2 emissions of around 155,225,000 kg CO2e. This marks a slight increase from 2022, where emissions were approximately 139,038,000 kg CO2e for Scope 1 and about 23,093,000 kg CO2e for Scope 2, leading to total emissions of around 162,131,000 kg CO2e. Loomis has set ambitious reduction targets, aiming for a 30% decrease in direct carbon emissions from operations (Scope 1 and 2) by the end of 2021, compared to a 2017 baseline. Additionally, they are committed to reducing emissions by 20% from 2019 levels by the end of 2025. These targets reflect Loomis's commitment to sustainability and align with industry standards for climate action. The company has not disclosed any Scope 3 emissions data, indicating a potential area for future reporting and improvement. All emissions data is sourced directly from Loomis AB (publ), with no cascaded data from parent or related organizations.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | - | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | - | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| 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.
LOOMIS is participating in some 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.
