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 achieved significant milestones, including the introduction of its iconic Lotus Biscoff cookie, which has become a beloved treat worldwide. With a strong presence in Europe and expanding operations in North America and Asia, Lotus Bakeries focuses on delivering unique products that combine traditional recipes with modern tastes. Their core offerings, including the famous caramelised biscuits and a range of spreads, are distinguished by their distinctive flavour and quality. Recognised for its commitment to sustainability and innovation, Lotus Bakeries has solidified its market position as a leader in the biscuit and snack sector, continually delighting consumers with its exceptional products.
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 96% 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 tonnes CO2e, which includes 27,825 tonnes from Scope 1, 12,648 tonnes from Scope 2, and a significant 516,802 tonnes from Scope 3 emissions. This represents a comprehensive approach to measuring their carbon footprint across all scopes, with a notable focus on upstream emissions from purchased goods and services, accounting for about 373,374 tonnes. Lotus Bakeries has committed to achieving net-zero emissions by 2050, as part of their long-term climate strategy. This commitment aligns with the Science Based Targets initiative (SBTi), which they joined in 2023, indicating their dedication to reducing emissions across all scopes. The company has also set interim targets to ensure progress towards this goal. In recent years, their GHG emissions intensity has shown fluctuations, with values of 145.0 kg CO2e per tonne in 2020, 163.0 kg in 2021, and 170.0 kg in 2022, reflecting the challenges faced in reducing emissions while increasing revenue. The 2023 emissions data will serve as a baseline for future reductions as they work towards their net-zero target. Overall, Lotus Bakeries is actively engaging in climate commitments, focusing on transparency and accountability in their emissions reporting, while striving to implement effective reduction strategies in the food and beverage processing sector.
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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.
