LOOMIS Sustainability Profile
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 53 is higher than 71% 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 2024, Loomis reported total carbon emissions of approximately 304.1 million kg CO2e, comprising 130.1 million kg CO2e from Scope 1, 21.3 million kg CO2e from Scope 2 (market-based), and 152.7 million kg CO2e from Scope 3 emissions. This data reflects a comprehensive approach to emissions reporting, including all relevant scopes. Loomis has set ambitious reduction targets, aiming for a 20% decrease in Scope 1 and 2 emissions by the end of 2025, using 2019 as the baseline year. This commitment is part of their broader sustainability strategy, which includes a focus on reducing direct carbon emissions from operations. The company has previously targeted a 30% reduction in emissions by the end of 2021, demonstrating a proactive stance on climate action. The emissions data and reduction targets are sourced from Loomis AB (publ), the parent company, ensuring alignment with industry standards and practices. As of now, Loomis has not committed to a net-zero target but remains focused on significant near-term reductions.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 156,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 26,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | - | - | - | 000,000,000 |
How Carbon Intensive is LOOMIS's Industry?
How Carbon Intensive is LOOMIS's Location?
LOOMIS's Scope 3 Categories Breakdown
Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 50% of total emissions under the GHG Protocol, with "Capital Goods" being the largest emissions source at 23% of Scope 3 emissions.
Top Scope 3 Categories
LOOMIS's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
LOOMIS has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
Diebold Nixdorf
Frequently Asked Questions
Common questions about LOOMIS's sustainability data and climate commitments
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