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OrganisationsLowes
Lowes logo

Lowes

Real Estate ServicesUnited StatesNYSE: LOW
Last verified 23 days agolowes.com

Lowe's Companies, Inc., commonly known as Lowe's, is a leading player in the real estate services industry, headquartered in Mooresville, North Carolina, USA. Founded in 1946, Lowe's has grown to become a prominent home improvement retailer, serving customers across the United States and Canada. The company offers a wide range of products and services, including building materials, home improvement supplies, and appliances, distinguished by their commitment to quality and customer service.

With a strong market position, Lowe's has achieved significant milestones, including the expansion of its store footprint and the introduction of innovative services such as online shopping and delivery. As a trusted name in home improvement, Lowe's continues to cater to both DIY enthusiasts and professional contractors, making it a go-to destination for all home enhancement needs.

49
DitchCarbon score

+21 vs industry average

Lowes’s score of 49 is higher than 65% 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

High

Real Estate Services has above-average carbon intensity

Industry performance

0.208
20192025

The Real Estate Services industry has reduced its overall emissions by 42% since 2019

Emissions trajectory 2020 – 2027

000.0B000.0B00.0B00.0B0

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20202021202220232024202520262027

Reported emissions

Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e

Scope 3 accounts for ••• of total emissions.

Lowes's reported carbon emissions

### Lowe's Carbon Emissions and Climate Commitments For the reporting year 2024, Lowe's reported a total of approximately 114.6 billion kg CO2e across Scope 1, 2, and 3 emissions. This includes Scope 1 emissions of about 388 million kg CO2e, Scope 2 emissions (market-based) of approximately 780 million kg CO2e, and substantial Scope 3 emissions totalling around 113.4 billion kg CO2e. Key contributors to Lowe's Scope 3 emissions in 2024 include the use of sold products (about 91.3 billion kg CO2e), purchased goods and services (approximately 7.9 billion kg CO2e), and end-of-life treatment of sold products (about 9.2 billion kg CO2e). In 2023, total emissions were approximately 120.9 billion kg CO2e, with Scope 1 at around 413 million kg CO2e, Scope 2 (market-based) at about 785 million kg CO2e, and Scope 3 at approximately 120.1 billion kg CO2e. Lowe's has set ambitious climate targets. By 2030, the company aims to reduce absolute Scope 1 and 2 greenhouse gas (GHG) emissions by 42% from 2021 levels. This target is on track for both the two-year and five-year outlooks. Furthermore, Lowe's is working towards a 25% reduction in absolute Scope 3 emissions by 2030, also from 2021 levels, and is currently on track for this near-term goal. The company has also committed to reaching net-zero emissions by 2050, aligned with a 1.5°C pathway.

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Lowes’s Climate Goals (2030 & 2050)

4 goals

2030

42% reduction in Scope 2

BY 2030: Reduce absolute scope 1 and 2 GHG emissions by 42% from 2021 levels

On track42%

2030

62% reduction in total GHG

Vs 2019 baseline. Validated by SBTi. Includes full supply chain.

At risk48%

2040

50% reduction in Scope 3 intensity

Across purchased goods and services and logistics.

Behind target22%

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Scope 3 top emissions categories

4 of 15 categories disclosed
Use of Sold Products81%
End-of-Life Treatment8%
Purchased Goods & Services7%
Upstream Transportation & Distribution3%
Use of Sold Products81%
End-of-Life Treatment8%
Purchased Goods & Services7%
Upstream Transportation & Distribution3%

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Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

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Active
CDP

Carbon Disclosure Project

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Active
THE CLIMATE PLEDGE

The Climate Pledge

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Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

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Not active
RE 100

RE 100

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Not active
Climate Action 100+

Climate Action 100

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Not active

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Lowes logoLowes
USReal Estate Services
23 days ago
49
Ikea logoIkea
SEAll Other Business Support Services
20 hours ago
100
View
Target logoTarget
USAll Other Miscellaneous Store Retailers (except Tobacco Stores)
4 days ago
67
View
IKEA A/S logoIKEA A/S
DKRetail Trade Services
2 days ago
65
View
Dollar Tree logoDollar Tree
USRetail Trade Services
17 days ago
64
View
Sherwin Williams logoSherwin Williams
USConstruction Material Reprocessing
5 hours ago
63
View
Best Buy logoBest Buy
USElectronic Shopping and Mail-Order Houses
16 days ago
61
View

Frequently asked questions

Common questions about Lowes’s sustainability data and climate commitments

Lowe's reported total carbon emissions of approximately 114.6 billion kg CO2e for the year 2024. This includes Scope 1 emissions of about 388 million kg CO2e, Scope 2 emissions of roughly 780 million kg CO2e, and a substantial amount of Scope 3 emissions totaling around 113.4 billion kg CO2e. The vast majority of these emissions stem from the use of sold products, which accounts for approximately 91.3 billion kg CO2e, highlighting the significant impact of their product lifecycle on overall emissions.

Data year: 2024

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Ditchcarbonv260319.2
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