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Iron and Steel Production
IT
updated 2 months ago

Lucefin Spa Sustainability Profile

Company website

Lucefin Spa, a prominent player in the metalworking industry, is headquartered in Italy and operates extensively across Europe and beyond. Founded in 1946, the company has established itself as a leader in the production and distribution of high-quality metal products, including fasteners, screws, and precision components. Lucefin's commitment to innovation and quality has led to significant milestones, including the expansion of its product range and the implementation of advanced manufacturing technologies. Their core offerings are distinguished by exceptional durability and precision, catering to diverse sectors such as automotive, aerospace, and construction. With a strong market position, Lucefin Spa is recognised for its reliability and customer-centric approach, making it a trusted partner for businesses seeking superior metal solutions.

DitchCarbon Score

How does Lucefin Spa'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.

24

Industry Average

Mean score of companies in the Iron and Steel Production 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.

14

Industry Benchmark

Lucefin Spa's score of 24 is higher than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.

54%

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Lucefin Spa's reported carbon emissions

In 2023, Lucefin Spa reported total carbon emissions of approximately 106,549,200 kg CO2e. This figure includes 1,189,800 kg CO2e from Scope 1 emissions, which are direct emissions from owned or controlled sources. Scope 2 emissions, related to the consumption of purchased electricity, amounted to about 4,539,000 kg CO2e (market-based) and 3,323,500 kg CO2e (location-based). Notably, Scope 3 emissions, which encompass indirect emissions from the use of sold products, were significant at approximately 106,549,200 kg CO2e, with 83,523,200 kg CO2e attributed to the use of sold products. Comparatively, in 2022, Lucefin Spa's total emissions were about 160,689,900 kg CO2e, with Scope 1 emissions at 1,359,900 kg CO2e, Scope 2 emissions at approximately 5,098,300 kg CO2e (market-based), and Scope 3 emissions also at 160,689,900 kg CO2e, including 133,709,800 kg CO2e from the use of sold products. In 2021, total emissions were around 172,828,500 kg CO2e, with similar patterns across the scopes. Despite these figures, Lucefin Spa has not disclosed specific reduction targets or initiatives as part of their climate commitments. The absence of SBTi (Science Based Targets initiative) reduction targets indicates a potential area for future development in their sustainability strategy. The company operates independently without cascading emissions data from a parent organisation, ensuring that their reported figures reflect their own operational impact.

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202120222023
Scope 1
1,288,700
0,000,000
0,000,000
Scope 2
5,881,800
0,000,000
0,000,000
Scope 3
172,828,500
000,000,000
000,000,000

How Carbon Intensive is Lucefin Spa's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Lucefin Spa's primary industry is Iron and Steel Production, which is high in terms of carbon intensity compared to other industries.

How Carbon Intensive is Lucefin Spa'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 Lucefin Spa is in IT, which has a low grid carbon intensity relative to other regions.

Lucefin Spa's Scope 3 Categories Breakdown

Lucefin Spa's Scope 3 emissions, which decreased by 34% last year and decreased by approximately 38% 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 "Use of Sold Products" being the primary emissions source at 78% of Scope 3 emissions.

Top Scope 3 Categories

2023
Use of Sold Products
78%

Lucefin Spa'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.

Lucefin Spa 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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