Lowes Sustainability Profile
Lowe's Companies, Inc., commonly known as Lowe's, is a leading home improvement retailer headquartered in Mooresville, North Carolina, USA. Founded in 1946, the company has grown to become a prominent player in the home improvement industry, serving millions of customers across the United States and Canada. Lowe's 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. The retailer is known for its innovative approach, such as the introduction of advanced online shopping tools and a robust loyalty programme. With a strong market position, Lowe's has consistently ranked among the top home improvement retailers, achieving significant milestones in sustainability and community engagement. Their dedication to providing exceptional value and a diverse product selection makes Lowe's a trusted choice for DIY enthusiasts and professional contractors alike.
DitchCarbon Score
How does Lowes'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 Real Estate Services 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
Lowes's score of 74 is higher than 85% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Lowes's reported carbon emissions
In 2024, Lowe's Companies, Inc. reported total greenhouse gas emissions of approximately 387,999,000 kg CO2e for Scope 1, 780,271,000 kg CO2e for Scope 2 (market-based), and a significant 113,364,000,000 kg CO2e for Scope 3 emissions. This reflects a slight decrease in Scope 1 emissions from 413,000,000 kg CO2e in 2023 and a reduction in Scope 2 emissions from 785,000,000 kg CO2e (market-based) in the previous year. The Scope 3 emissions also decreased from 120,103,000,000 kg CO2e in 2023. Lowe's has set ambitious reduction targets, aiming to reduce absolute Scope 1 and 2 GHG emissions by 42% from 2021 levels by 2030. Additionally, the company plans to cut absolute Scope 3 emissions by 25% from 2021 levels by the same year. These targets are part of their commitment to achieving net-zero emissions across all scopes by 2050, as recognised by the Science Based Targets initiative (SBTi). The company has demonstrated a commitment to sustainability through various initiatives, including energy-efficient product offerings and operational improvements. As a member of the BA1.5 initiative, Lowe's is actively working towards aligning its strategies with the goals of the Paris Agreement. Overall, Lowe's is making significant strides in reducing its carbon footprint while maintaining a focus on sustainable growth within the retail sector.
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| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 354,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 2,054,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - | - | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 |
How Carbon Intensive is Lowes's Industry?
How Carbon Intensive is Lowes's Location?
Lowes's Scope 3 Categories Breakdown
Lowes's Scope 3 emissions, which decreased by 6% last year and decreased by approximately 21% since 2021, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Use of Sold Products" being the largest emissions source at 81% of Scope 3 emissions.
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Lowes's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Lowes has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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Frequently Asked Questions
Common questions about Lowes's sustainability data and climate commitments