Lotus Bakeries Sustainability Profile
Lotus Bakeries, headquartered in Belgium, is a renowned player in the global food industry, specialising in the production of high-quality baked goods. Founded in 1932, the company has established itself as a leader in the biscuit market, particularly known for its iconic Lotus Biscoff cookies. With a commitment to quality and tradition, Lotus Bakeries has expanded its operations across Europe, North America, and Asia, reaching a diverse consumer base. The company’s core offerings include its signature caramelised biscuits, which are distinguished by their unique flavour and crunchy texture. Lotus Bakeries has achieved notable market recognition, consistently ranking among the top brands in the biscuit sector. With a focus on innovation and sustainability, Lotus Bakeries continues to delight customers worldwide while maintaining its heritage and craftsmanship.
DitchCarbon Score
How does Lotus Bakeries'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
Lotus Bakeries's score of 76 is higher than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Lotus Bakeries's reported carbon emissions
In 2024, Lotus Bakeries reported total carbon emissions of approximately 606,923,000 kg CO2e. This includes 26,033,000 kg CO2e from Scope 1 emissions, 11,869,000 kg CO2e from Scope 2 emissions, and a significant 569,021,000 kg CO2e from Scope 3 emissions. The previous year, 2023, saw total emissions of about 557,275,000 kg CO2e, with Scope 1 at 27,825,000 kg CO2e, Scope 2 at 12,648,000 kg CO2e, and Scope 3 at 516,802,000 kg CO2e. Lotus Bakeries has set ambitious climate commitments, aiming for net-zero greenhouse gas emissions across its value chain by 2050. The company has established near-term targets to reduce absolute Scope 1 and 2 emissions by 42% by 2030 from a 2023 baseline. Additionally, it plans to cut Scope 3 emissions by 30.3% by 2030 and 90% by 2050, with specific focus areas including purchased goods and services, capital goods, and waste generated in operations. The company has also committed to reducing Scope 1 and 2 emissions by 90% by 2050 from a 2023 base year. These targets are aligned with the Science Based Targets initiative (SBTi) and reflect a commitment to sustainable practices in the food and beverage processing sector. Lotus Bakeries has been CO2-neutral in its production since 2015, demonstrating a long-term commitment to environmental responsibility.
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| 2016 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 27,825,000 | - | - | - | 00,000,000 | 00,000,000 |
| Scope 2 | 12,648,000 | - | - | - | 00,000,000 | 00,000,000 |
| Scope 3 | 516,802,000 | 00 | 00 | 00 | 000,000,000 | 000,000,000 |
How Carbon Intensive is Lotus Bakeries's Industry?
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Lotus Bakeries's Scope 3 Categories Breakdown
Lotus Bakeries's Scope 3 emissions, which increased by 10% last year and increased by approximately 10% since 2016, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 75% of Scope 3 emissions.
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Lotus Bakeries'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.
Lotus Bakeries 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.
Frequently Asked Questions
Common questions about Lotus Bakeries's sustainability data and climate commitments