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 95% 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 413,268,000 kg CO2e for Scope 1 and 868,000,000 kg CO2e for Scope 2, alongside Scope 3 emissions of about 120,103,000,000 kg CO2e. This reflects a commitment to reducing emissions across all scopes, with a long-term target of achieving net-zero emissions by 2050, as part of their Science Based Targets initiative (SBTi) commitment, which they formalised in April 2022. Over the years, Lowe's has shown a trend of emissions management, with Scope 1 emissions increasing from about 354,000,000 kg CO2e in 2016 to 508,000,000 kg CO2e in 2021, while Scope 2 emissions have fluctuated, peaking at approximately 2,054,000,000 kg CO2e in 2017 and then decreasing to about 1,045,000,000 kg CO2e in 2021. The company has also reported significant Scope 3 emissions, which reached approximately 143,282,000,000 kg CO2e in 2021. Lowe's is actively working towards its climate commitments, focusing on reducing its carbon footprint and enhancing sustainability practices within its operations. The company’s initiatives are aligned with industry standards, reflecting a growing recognition of the importance of corporate responsibility in addressing climate change.
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Add to project| 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.
