Lorenz Snack World Holding
Lorenz Snack World Holding, a prominent player in the snack food industry, is headquartered in Germany and operates extensively across Europe. Founded in 1889, the company has established itself as a leader in the production of savoury snacks, including crisps, pretzels, and popcorn, known for their quality and innovative flavours. With a commitment to excellence, Lorenz Snack World has achieved significant milestones, including the expansion of its product range and the introduction of unique offerings that cater to diverse consumer preferences. The brand is particularly recognised for its iconic "Crunchips" and "Tuc" products, which have garnered a loyal following. As a key competitor in the snack market, Lorenz Snack World continues to thrive, leveraging its rich heritage and dedication to quality to maintain a strong market position and drive growth in the ever-evolving snack landscape.
DitchCarbon Score
How does Lorenz Snack World Holding'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 Food Product Manufacturing 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
Lorenz Snack World Holding's score of 34 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Lorenz Snack World Holding's reported carbon emissions
In 2022, Lorenz Snack World Holding reported total greenhouse gas emissions of approximately 420,898,000 kg CO2e. This figure includes 68,412,000 kg CO2e from Scope 1 emissions, 3,164,000 kg CO2e from Scope 2 emissions, and 494,730,000 kg CO2e from Scope 3 emissions. The Scope 3 emissions are primarily driven by purchased goods and services, which accounted for about 415,452,000 kg CO2e. The company has set ambitious climate commitments, aiming for net-zero greenhouse gas emissions across its entire value chain by 2050. In the near term, Lorenz Group has committed to reducing its absolute Scope 1 and 2 emissions by 42% by 2030, using 2020 as the baseline year. Additionally, it aims to cut Scope 3 emissions, particularly from purchased goods and services, by 25% within the same timeframe. Notably, the company has also pledged to eliminate deforestation linked to its primary commodities by 2025. Long-term targets include a 90% reduction in both Scope 1 and 2 emissions by 2050, as well as a 90% reduction in Scope 3 emissions. These commitments reflect Lorenz Snack World Holding's dedication to sustainable practices and its proactive approach to addressing climate change within the food and beverage processing sector.
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Add to project| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Scope 1 | 62,100,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 33,120,000 | 00,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 318,780,000 | 000,000,000 | 000,000,000 | 000,000,000 |
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.
Lorenz Snack World Holding is committed to some reduction initiatives 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.
