Loungers plc, a prominent player in the hotel and restaurant services industry, is headquartered in Great Britain. Founded in 2002, the company has rapidly expanded its footprint across the UK, establishing a strong presence in major cities and towns. Loungers operates a unique blend of café, bar, and restaurant concepts, primarily under the brands "Loungers" and "Cosy Club," which are known for their relaxed atmosphere and diverse menus.
With a commitment to quality and customer experience, Loungers plc has carved out a significant market position, boasting numerous locations that cater to a wide demographic. The company has achieved notable milestones, including consistent growth in revenue and a loyal customer base, making it a key player in the competitive hospitality sector.
+1 vs industry average
Loungers plc’s score of 26 is higher than 50% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Hospitality has typical carbon intensity
Industry performance
The Hospitality industry has reduced its overall emissions by 22% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Loungers plc's reported carbon emissions
Loungers plc, an organisation within the hotel and restaurant services industry based in Great Britain, has reported its carbon emissions for the 2023 and 2024 financial years. For the year 2024, Loungers plc's total carbon emissions were approximately 16.6 million kg CO2e. This figure comprises: * Scope 1 emissions: approximately 6.2 million kg CO2e * Scope 2 emissions: approximately 8.9 million kg CO2e * Scope 3 emissions: approximately 1.7 million kg CO2e In 2023, the company's total emissions amounted to approximately 14.2 million kg CO2e, with Scope 1 emissions at roughly 5.7 million kg CO2e, Scope 2 at approximately 7.7 million kg CO2e, and Scope 3 at approximately 1.4 million kg CO2e. Loungers plc has set a clear climate commitment to achieve net zero operations for Scopes 1 and 2 by 2035. This target aligns with industry peers in the hospitality sector. The company's reporting indicates that while most data for Scopes 1, 2, and 3 are disclosed, specific categories within Scope 3, such as purchased goods and services and employee commute, are noted as missing data points.
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Loungers plc’s Climate Goals (2030 & 2050)
2 goals2035
Loungers is targeting to achieve net zero operations (Scopes…
Loungers is targeting to achieve net zero operations (Scopes 1 and 2) by 2035, in line with the majority of our peers in the hospitality sec…
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
See all 2 climate goals
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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Emissions comparison with industry peers
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Loungers plc
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