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OrganisationsLowes
Lowes logo

Lowes

Real Estate ServicesUnited StatesNYSE: LOW
Last verified 1 month 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.

48
DitchCarbon score

+20 vs industry average

Lowes’s score of 48 is higher than 64% 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, headquartered in the US and operating within the real estate services industry, reported approximately 114.6 billion kg CO2e in total emissions for 2024. This figure encompasses Scope 1, Scope 2, and Scope 3 emissions.

In 2024, Scope 1 emissions were approximately 388 million kg CO2e, and Scope 2 emissions, using the market-based method, were approximately 78 million kg CO2e. Scope 3 emissions were substantial, totalling around 113.36 billion kg CO2e, with the use of sold products being the largest contributor at approximately 91.35 billion kg CO2e.

For 2023, Lowe's reported total emissions of approximately 120.52 billion kg CO2e. Scope 1 emissions stood at about 413 million kg CO2e, and Scope 2 emissions were approximately 78.5 million kg CO2e. Scope 3 emissions for 2023 were around 120.1 billion kg CO2e.

Lowe's has established near-term reduction targets, aiming to reduce absolute Scope 1 and 2 greenhouse gas (GHG) emissions by 42% from 2021 levels by 2030. They are also working to reduce absolute Scope 3 emissions by 25% from 2021 levels by 2030. The company is committed to achieving net-zero emissions by 2050. Progress indicates that Lowe's is on track for its near-term Scope 1 and 2 targets.

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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%

See all scope 3 categories

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Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

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Not active
CDP

Carbon Disclosure Project

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Active
THE CLIMATE PLEDGE

The Climate Pledge

See details
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
1 month ago
48
Ikea logoIkea
SEAll Other Business Support Services
28 minutes ago
100
View
Target logoTarget
USAll Other Miscellaneous Store Retailers (except Tobacco Stores)
3 hours ago
68
View
IKEA A/S logoIKEA A/S
DKRetail Trade Services
43 minutes ago
66
View
Dollar Tree logoDollar Tree
USRetail Trade Services
3 hours ago
65
View
Sherwin Williams logoSherwin Williams
USConstruction Material Reprocessing
3 hours ago
64
View
Best Buy logoBest Buy
USElectronic Shopping and Mail-Order Houses
3 hours ago
62
View

Frequently asked questions

Common questions about Lowes’s sustainability data and climate commitments

Lowes has set near-term climate targets to reduce absolute Scope 1 and 2 greenhouse gas emissions by approximately 42% from 2021 levels by around 2030. Additionally, the company aims to cut Scope 3 emissions related to purchased goods and services by roughly 25% from 2021 levels within the same timeframe. These ambitious goals demonstrate Lowes' commitment to aligning with science-based targets and progressing toward its long-term goal of achieving net-zero emissions by 2050, as publicly disclosed in their climate commitments and reduction targets.

Data year: 2024

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Ditchcarbonv260709.1
[email protected]+44 203 475 7875

Ditch Carbon Ltd

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