Loxam
Loxam, officially known as Loxam S.A., is a leading equipment rental company headquartered in France. Established in 1967, Loxam has grown to become a prominent player in the European rental market, with a strong presence across various operational regions, including France, Belgium, and Spain. Specialising in the rental of construction and industrial equipment, Loxam offers a diverse range of products and services, including machinery for earthmoving, lifting, and scaffolding. What sets Loxam apart is its commitment to quality and customer service, ensuring that clients have access to well-maintained, reliable equipment tailored to their specific needs. With a robust market position, Loxam has achieved significant milestones, including strategic acquisitions that have expanded its footprint and service offerings. The company continues to be recognised for its innovation and leadership in the equipment rental industry.
DitchCarbon Score
How does Loxam'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 Business 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
Loxam's score of 75 is higher than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Loxam's reported carbon emissions
In 2023, Loxam reported total carbon emissions of approximately 903,000,000 kg CO2e. This includes 41,609,000 kg CO2e from Scope 1 emissions, 5,271,000 kg CO2e from Scope 2 emissions (market-based), and a significant 859,498,000 kg CO2e from Scope 3 emissions. The total emissions from Scope 1 and 2 combined amounted to about 46,956,000 kg CO2e. Loxam has set ambitious climate commitments, aiming to achieve net-zero greenhouse gas emissions across its value chain by 2050. The company has established near-term targets to reduce absolute Scope 1 and 2 emissions by 50% by 2030, using 2019 as the base year. Additionally, Loxam plans to cut absolute Scope 3 emissions by 30% within the same timeframe, with a more aggressive target of a 50% reduction in emissions from the use of sold products. Long-term, Loxam is committed to a 90% reduction in both Scope 1 and 2 emissions and Scope 3 emissions by 2050, again referencing 2019 as the baseline year. These targets are aligned with the Science Based Targets initiative (SBTi) and reflect the company's commitment to sustainable practices in the equipment rental industry. Loxam's strategy includes a significant shift towards renewable energy, with a goal to be almost entirely supplied by renewable sources by 2030, further supporting its emissions reduction objectives.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 48,267,000 | - | - | 00,000,000 | 00,000,000 |
| Scope 2 | 7,634,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 921,904,000 | 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.
Loxam is participating in some of the initiatives that 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.
