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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
+19 vs industry average
Lowes’s score of 48 is higher than 63% 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
0.221
20182025
The Real Estate Services industry has reduced its overall emissions by 17% since 2018
Emissions trajectory 2020 – 2027
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 reported total emissions of approximately 114.5 billion kg CO2e in 2024. This included about 388 million kg CO2e from Scope 1 emissions, 780 million kg CO2e from Scope 2 market-based emissions, and approximately 113.36 billion kg CO2e from Scope 3 emissions. Key contributors to Scope 3 were the use of sold products (about 91.35 billion kg CO2e), purchased goods and services (about 7.86 billion kg CO2e), and end-of-life treatment of sold products (about 9.23 billion kg CO2e).
Looking back, in 2023, the company's total emissions were approximately 121.3 billion kg CO2e. This comprised around 413 million kg CO2e from Scope 1, 785 million kg CO2e from Scope 2 market-based emissions, and approximately 120.1 billion kg CO2e from Scope 3.
Lowe's has set near-term absolute reduction targets. The company aims to reduce its Scope 1 and 2 GHG emissions by 42% from 2021 levels by 2030. Additionally, Lowe's is committed to reducing absolute Scope 3 emissions by 25% from 2021 levels by 2030. These commitments have been confirmed as "on track" for both two-year and five-year assessments for the 2024 reporting year regarding Scope 1 and 2 targets. The company has also committed to achieving net-zero emissions, as confirmed by the Science Based Targets initiative (SBTi).
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Lowes’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
On track94%
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%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
4 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
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Not active
Carbon Disclosure Project
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Active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Not active
RE 100
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Not active
Climate Action 100
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Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Lowes3 months ago
48
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Frequently asked questions
Common questions about Lowes’s sustainability data and climate commitments
Usage policy
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