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Electrical Machinery Manufacturing
IT
updated 2 months ago

LU-VE GROUP Sustainability Profile

Company website

LU-VE GROUP, headquartered in Italy, is a leading player in the refrigeration and air conditioning industry, renowned for its innovative solutions. Founded in 2000, the company has established a strong presence across Europe, Asia, and the Americas, focusing on energy-efficient products that cater to various sectors, including commercial refrigeration and industrial cooling. The company’s core offerings include heat exchangers, refrigeration units, and air conditioning systems, distinguished by their advanced technology and commitment to sustainability. LU-VE GROUP has achieved significant milestones, such as expanding its product range and enhancing its market position through strategic acquisitions. With a reputation for quality and innovation, LU-VE GROUP continues to set benchmarks in the industry, making it a preferred choice for businesses seeking reliable and eco-friendly cooling solutions.

DitchCarbon Score

How does LU-VE GROUP'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.

29

Industry Average

Mean score of companies in the Electrical Machinery 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.

32

Industry Benchmark

LU-VE GROUP's score of 29 is lower than 50% of the industry. This can give you a sense of how well the company is doing compared to its peers.

50%

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LU-VE GROUP's reported carbon emissions

In 2023, LU-VE GROUP, headquartered in Italy, achieved a reduction in its carbon emissions (Scope 1 and Scope 2) by approximately 6.39% compared to its 2022 baseline. The total emissions reported for 2018 were about 5,605,300 kg CO2e, with Scope 1 emissions at 78,000 kg CO2e and Scope 2 emissions at 398,300 kg CO2e. The combined total for Scope 1 and Scope 2 emissions was approximately 13,577,000 kg CO2e. The emissions data for previous years indicates a trend of decreasing emissions, with 2017 reporting about 5,824,000 kg CO2e and 2016 at approximately 6,270,300 kg CO2e. The Scope 1 emissions for 2017 were 220,400 kg CO2e, while Scope 2 emissions were 374,100 kg CO2e. LU-VE GROUP has not disclosed any Scope 3 emissions data, focusing its reporting on Scope 1 and Scope 2 emissions. The company is committed to ongoing reductions in its carbon footprint, as evidenced by its recent achievements and targets.

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201620172018
Scope 1
503,700
000,000
00,000
Scope 2
350,900
000,000
000,000
Scope 3
-
-
-

How Carbon Intensive is LU-VE GROUP's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. LU-VE GROUP's primary industry is Electrical Machinery Manufacturing, which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is LU-VE GROUP's Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for LU-VE GROUP is in IT, which has a low grid carbon intensity relative to other regions.

LU-VE GROUP'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.

LU-VE GROUP 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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