Lowes
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 51 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Lowes's reported carbon emissions
In 2023, Lowe's Companies, Inc. reported total carbon emissions of approximately 413,000,000 kg CO2e for Scope 1 and 868,000,000 kg CO2e for Scope 2, alongside a significant Scope 3 emission total of about 120,103,000,000 kg CO2e. This reflects their ongoing commitment to transparency in emissions reporting across all scopes. Lowe's has set ambitious climate commitments, including a long-term target to achieve net-zero emissions by 2050, as part of their Science Based Targets initiative (SBTi) commitment. This encompasses all scopes of emissions, indicating a comprehensive approach to reducing their carbon footprint. In previous years, Lowe's emissions have shown variability, with Scope 1 emissions of 485,000,000 kg CO2e and Scope 2 emissions of 1,624,000,000 kg CO2e reported in 2019. The company has been actively working towards reducing its emissions intensity, with a focus on improving energy efficiency in its operations. Overall, Lowe's commitment to sustainability and climate action is evident through its emissions reduction targets and ongoing efforts to enhance operational efficiency, aligning with industry standards for climate responsibility.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 |
| Scope 3 | - | - | - | - | 0,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 |
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.
Lowes 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.
