Lpp Sustainability Profile
LPP S.A., a prominent player in the fashion retail industry, is headquartered in Poland (PL) and operates extensively across Europe and beyond. Founded in 1991, LPP has established itself as a leader in the design, production, and distribution of clothing, with a diverse portfolio that includes well-known brands such as Reserved, Cropp, House, and Mohito. The company is recognised for its commitment to quality and innovation, offering unique collections that cater to various customer segments. LPP has achieved significant milestones, including rapid expansion into international markets and a strong online presence, positioning itself as a competitive force in the global fashion landscape. With a focus on sustainability and modern retail solutions, LPP continues to enhance its market position while delivering exceptional value to its customers.
DitchCarbon Score
How does Lpp'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 Retail Trade 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
Lpp's score of 54 is higher than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Lpp's reported carbon emissions
In 2023, LPP S.A., headquartered in Poland, reported total carbon emissions of approximately 2,792,181,840 kg CO2e. This figure includes 3,586,760 kg CO2e from Scope 1 emissions, which encompass direct emissions from owned or controlled sources, and 1,723,800 kg CO2e from Scope 2 emissions, related to indirect emissions from the generation of purchased electricity, steam, heating, and cooling. The majority of their emissions, about 2,786,871,280 kg CO2e, fall under Scope 3, which includes emissions from the entire value chain, such as purchased goods and services, business travel, and employee commuting. LPP has set ambitious climate commitments, aiming for a 42% reduction in absolute Scope 1 and 2 greenhouse gas emissions by 2030, using 2021 as the baseline year. Additionally, they target a 51.6% reduction in Scope 3 emissions from purchased goods and services per unit purchased by 2030, also compared to 2021 levels. To support these goals, LPP plans to increase the use of certified raw materials and enhance collaboration with suppliers to transition to renewable energy sources. These targets align with the Science Based Targets initiative (SBTi), which confirms that LPP's commitments are consistent with the reductions required to limit global warming to 1.5°C. Furthermore, LPP aims for 21% of its suppliers, covering upstream transportation and distribution, to have science-based targets by 2027.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 4,420,670 | 00,000,000 | 0,000,000 |
| Scope 2 | 10,267,110 | 0,000,000 | 0,000,000 |
| Scope 3 | 2,865,952,620 | 0,000,000,000 | 0,000,000,000 |
How Carbon Intensive is Lpp's Industry?
How Carbon Intensive is Lpp's Location?
Lpp's Scope 3 Categories Breakdown
Lpp's Scope 3 emissions, which increased by 13% last year and decreased by approximately 3% since 2021, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 68% of Scope 3 emissions.
Top Scope 3 Categories
Lpp's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Lpp has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
