Lotes Co Sustainability Profile
Lotes Co., a prominent player in the electronics industry, is headquartered in Taiwan (TW) and operates extensively across Asia and beyond. Founded in 1994, the company has established itself as a leader in the design and manufacturing of high-quality connectors and cable assemblies, catering to a diverse range of sectors including telecommunications, automotive, and consumer electronics. Lotes Co. is renowned for its innovative products, such as precision connectors that enhance connectivity and reliability in various applications. With a commitment to quality and customer satisfaction, the company has achieved significant milestones, including ISO certifications and strategic partnerships that bolster its market position. As a trusted name in the industry, Lotes Co. continues to set benchmarks for excellence and innovation in electronic components.
DitchCarbon Score
How does Lotes Co'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 Electrical Machinery 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
Lotes Co's score of 35 is higher than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Lotes Co's reported carbon emissions
In 2024, Lotes Co., Ltd., headquartered in Taiwan (TW), reported total carbon emissions of approximately 32.6 million kg CO2e. This total comprises Scope 1 emissions of about 1.3 million kg CO2e, Scope 2 emissions of approximately 16.4 million kg CO2e, and Scope 3 emissions of around 30.8 million kg CO2e. The Scope 3 emissions include significant contributions from purchased goods and services, which account for about 131 million kg CO2e. Lotes has set ambitious climate commitments, aiming to achieve net-zero emissions across its entire value chain by 2050. The company has established near-term targets to reduce absolute Scope 1 and 2 greenhouse gas emissions by 58.8% by 2034, using 2024 as the base year. Additionally, it aims to reduce Scope 3 emissions from purchased goods and services and fuel- and energy-related activities by 63.8% per TWD value added within the same timeframe. Long-term, Lotes targets a 90% reduction in both Scope 1 and 2 emissions and Scope 3 emissions by 2050. These commitments align with the Science Based Targets initiative (SBTi) standards, reflecting Lotes' dedication to addressing climate change and reducing its carbon footprint in the technology hardware and equipment sector.
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| 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|
| Scope 1 | 249,270 | 000,000 | 000,000 | - | 0,000,000 |
| Scope 2 | 7,916,030 | 0,000,000 | 0,000,000 | - | 00,000,000 |
| Scope 3 | - | - | - | - | 00,000,000 |
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Lotes Co'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.
Lotes Co 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.
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Frequently Asked Questions
Common questions about Lotes Co's sustainability data and climate commitments