LPP S.A. 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, the company has established itself as a leader in the design, production, and distribution of clothing through its well-known brands, including Reserved, Cropp, House, Mohito, and Sinsay. LPP S.A. is recognised for its commitment to quality and trend-driven fashion, catering to diverse customer needs with a unique blend of style and affordability. The company has achieved significant milestones, including rapid expansion into international markets and a robust online presence, positioning itself as a key competitor in the fast-fashion sector. With a focus on sustainability and innovation, LPP S.A. continues to redefine the shopping experience for consumers across various demographics.
DitchCarbon Score
How does LPP S.A.'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 Textile Manufacturing 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.A.'s score of 23 is higher than 53% 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.A.'s reported carbon emissions
In 2023, LPP S.A. reported total carbon emissions of approximately 2,653,145,820 kg CO2e. This figure includes Scope 1 emissions of about 13,762,350 kg CO2e, primarily from stationary combustion, and Scope 2 emissions of approximately 7,827,650 kg CO2e, mainly from purchased electricity. The majority of their emissions, around 2,631,555,830 kg CO2e, fall under Scope 3, which encompasses a wide range of activities including purchased goods and services, employee commuting, and downstream transportation. Comparatively, in 2022, LPP's total emissions were about 2,880,640,390 kg CO2e, indicating a reduction in emissions from the previous year. The breakdown for 2022 shows Scope 1 emissions at approximately 4,420,670 kg CO2e, Scope 2 emissions at about 10,267,110 kg CO2e, and Scope 3 emissions at around 2,865,952,620 kg CO2e. Despite these figures, LPP S.A. has not set specific reduction targets or initiatives as part of their climate commitments, nor do they appear to be part of any recognised climate pledges such as the Science Based Targets initiative (SBTi). The absence of documented reduction targets suggests a need for further commitment to climate action within the industry context. Overall, LPP S.A. demonstrates a significant carbon footprint, particularly in Scope 3 emissions, which highlights the importance of addressing emissions across the entire value chain to achieve meaningful climate impact.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 3,247,000 | 0,000,000 | 000,000 | 0,000,000 | 0,000,000 | 00,000,000 |
| Scope 2 | 137,761,000 | 000,000,000 | 0,000,000 | 000,000,000 | 00,000,000 | 0,000,000 |
| Scope 3 | 1,072,661,000 | 0,000,000,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
How Carbon Intensive is LPP S.A.'s Industry?
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LPP S.A.'s Scope 3 Categories Breakdown
LPP S.A.'s Scope 3 emissions, which decreased by 8% last year and increased by approximately 145% since 2018, 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 65% of Scope 3 emissions.
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LPP S.A.'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 S.A. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
