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 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.
Lotus Bakeries's reported carbon emissions
In 2023, Lotus Bakeries reported total carbon emissions of approximately 557,275,000 kg CO2e, with emissions distributed across various scopes: 27,825,000 kg CO2e from Scope 1, 12,648,000 kg CO2e from Scope 2, and a significant 516,802,000 kg CO2e from Scope 3, primarily from purchased goods and services. This represents a GHG emissions intensity of about 0.5243 kg CO2e per euro of revenue. Lotus Bakeries has committed to achieving net-zero emissions by 2050, with a near-term target status of "Committed" as of March 2023. This commitment encompasses all scopes of emissions, reflecting the company's dedication to addressing its entire carbon footprint. The company has also reported GHG emissions intensities of 145.0, 163.0, and 170.0 tonnes CO2e for the years 2020, 2021, and 2022, respectively, indicating a focus on improving efficiency over time. As a player in the food and beverage processing sector, Lotus Bakeries is actively working towards reducing its environmental impact, aligning with industry standards and climate commitments.
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Add to project| 2021 | 2023 | |
|---|---|---|
| Scope 1 | 23,374,000 | 00,000,000 |
| Scope 2 | - | 00,000,000 |
| Scope 3 | - | 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 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.
