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 39 is higher than 97% 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 greenhouse gas emissions of approximately 557,275,000 kg CO2e, with emissions distributed across various scopes: 27,825,000 kg CO2e (Scope 1), 12,648,000 kg CO2e (Scope 2), and a significant 516,802,000 kg CO2e (Scope 3). This data reflects their commitment to transparency in emissions reporting. Lotus Bakeries has set ambitious climate targets, aiming for net-zero greenhouse gas emissions across its entire value chain by 2050. In the near term, the company plans to reduce absolute Scope 1 and 2 emissions by 42% by 2030, using 2023 as the baseline year. Additionally, they aim for 89% of their suppliers, based on emissions from purchased goods and services, to have science-based targets by 2029. For Scope 3 emissions, which include indirect emissions from their supply chain, they are targeting a reduction of 30.3% by 2030. Long-term goals include a 90% reduction in absolute Scope 1 and 2 emissions by 2050 and a 90% reduction in Scope 3 emissions, covering various categories such as purchased goods, upstream transportation, and waste. Furthermore, Lotus Bakeries is committed to no deforestation linked to its primary commodities by December 31, 2025. These initiatives position Lotus Bakeries as a proactive player in the food and beverage processing sector, aligning with global climate action efforts and demonstrating a commitment to sustainability.
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| 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.
