Lotus Bakeries

Lotus Bakeries, a Belgian food products company, reported total carbon emissions of approximately 640.96 million kg CO2e in 2025. This includes about 27.88 million kg CO2e from Scope 1 emissions, 15.50 million kg CO2e from market-based Scope 2 emissions, and approximately 597.58 million kg CO2e from Scope 3 emissions. In 2024, their total emissions were about 606.92 million kg CO2e, comprising approximately 26.03 million kg CO2e from Scope 1, 11.87 million kg CO2e from market-based Scope 2, and 569.02 million kg CO2e from Scope 3. For 2023, the total emissions were around 557.28 million kg CO2e, with Scope 1 at approximately 27.83 million kg CO2e, market-based Scope 2 at about 12.65 million kg CO2e, and Scope 3 at approximately 516.80 million kg CO2e.

Lotus Bakeries has set ambitious climate commitments and Science Based Targets Initiative (SBTi) validated targets. They are committed to achieving net-zero greenhouse gas emissions across their value chain by 2050.

Their near-term targets, with a 2023 base year, include:

• Reducing absolute Scope 1 and 2 GHG emissions by 42% by 2030.
• Reducing absolute Scope 3 Forestry, Land, and Agriculture (FLAG) GHG emissions by 30.3% by 2030.
• Ensuring that 89% of their suppliers, by emissions covering purchased goods and services and upstream transportation and distribution, will have science-based targets by 2029.
• Committing to no deforestation across primary deforestation-linked commodities by December 31, 2025.

For long-term targets, also from a 2023 base year, they aim to:

• Reduce absolute Scope 1 and 2 GHG emissions by 90% by 2050.
• Reduce absolute Scope 3 GHG emissions (from purchased goods and services, capital goods, fuel and energy-related activities, upstream transportation and distribution, waste generated in operations, and downstream transportation and distribution) by 90% by 2050.
• Reduce absolute Scope 3 FLAG GHG emissions by 72% by 2050.

Lotus Bakeries' production has been CO2-neutral since 2015 for both Scope 1 and Scope 2 emissions.