Lotus Bakeries
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 54 is higher than 77% 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 2023, Lotus Bakeries reported total greenhouse gas emissions of approximately 557,275,000 kg CO2e. This figure includes Scope 1 emissions of about 27,825,000 kg CO2e, Scope 2 emissions of approximately 12,648,000 kg CO2e, and significant Scope 3 emissions of around 516,802,000 kg CO2e, primarily from purchased goods and services (about 373,374,250 kg CO2e). Lotus Bakeries has set ambitious climate commitments, aiming to achieve net-zero greenhouse gas emissions across its entire 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, with a long-term goal of reducing these emissions by 90% by 2050. The company has also committed to reducing its Scope 1 emissions by 90% by 2050, alongside a similar target for Scope 2 emissions. Furthermore, Lotus Bakeries has pledged to ensure that 89% of its suppliers by emissions will have science-based targets by 2029, reinforcing its commitment to sustainability. Since 2015, Lotus Bakeries has maintained CO2-neutral production, demonstrating its ongoing dedication to reducing its carbon footprint. The emissions data and targets are cascaded from its parent company, Lotus Bakeries NV, which is based in Belgium.
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| 2016 | 2021 | 2023 | |
|---|---|---|---|
| Scope 1 | 27,825,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 12,648,000 | - | 00,000,000 |
| Scope 3 | 516,802,000 | - | 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.
Lotus Bakeries 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.
