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 58 is higher than 98% 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 155,225,000 kg CO2e, comprising 134,075,000 kg CO2e from Scope 1 and 17,536,000 kg CO2e from Scope 2 emissions. The company has set ambitious targets to reduce its carbon footprint, aiming for a 20% reduction in Scope 1 and Scope 2 emissions by the end of 2025, using 2019 as the baseline year. In 2022, LOOMIS's emissions were about 162,131,000 kg CO2e, with Scope 1 emissions at 139,038,000 kg CO2e and Scope 2 emissions at 18,412,000 kg CO2e. The trend shows a slight decrease in emissions from 2021, where total emissions were approximately 159,623,000 kg CO2e. The company has consistently disclosed its emissions across all three scopes, with Scope 3 emissions reported at 160,000,000 kg CO2e in 2020, indicating a significant area for potential improvement. LOOMIS is committed to transparency and accountability in its climate initiatives, aligning with industry standards for sustainability. Overall, LOOMIS's climate commitments reflect a proactive approach to reducing its environmental impact while continuing to monitor and report its emissions comprehensively.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 156,124,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 |
| Scope 2 | 60,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 200,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | - | - | 00,000,000 |
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.
