Lumentum Holdings Inc., commonly referred to as Lumentum, is a leading provider of innovative optical and photonic products headquartered in the United States. Founded in 2015, the company emerged from the spin-off of JDS Uniphase Corporation, quickly establishing itself in the telecommunications and industrial sectors. Lumentum's core offerings include advanced lasers, optical components, and 3D sensing technologies, which are distinguished by their high performance and reliability. The company serves a diverse range of markets, including telecommunications, data communications, and consumer electronics, positioning itself as a key player in the global photonics industry. With a commitment to research and development, Lumentum has achieved significant milestones, including numerous patents and industry awards, solidifying its reputation as an innovator in optical technology.
How does Lumentum'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.
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Lumentum's score of 60 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Lumentum Holdings Inc. reported total greenhouse gas emissions of approximately 88,824,000 kg CO2e. This includes 9,925,000 kg CO2e from Scope 1 emissions and 30,808,000 kg CO2e from Scope 2 emissions, with Scope 3 emissions accounting for about 48,091,000 kg CO2e. Lumentum has set ambitious climate commitments, aiming for net-zero greenhouse gas emissions across its entire value chain by 2050. The company has established near-term targets to reduce absolute Scope 1 and 2 emissions by 90% by FY2030, using FY2022 as the baseline. Additionally, Lumentum plans to decrease Scope 3 emissions from fuel- and energy-related activities and the use of sold products by 52% per data capacity delivered (Gbps) within the same timeframe. Furthermore, Lumentum is committed to ensuring that 30% of its suppliers and 25% of its customers, based on emissions from purchased goods and services and the use of sold products respectively, will have science-based targets by FY2028. These initiatives reflect Lumentum's dedication to sustainability and its proactive approach to addressing climate change.
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Add to project2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|
Scope 1 | 8,540,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 2 | 38,446,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
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.
Lumentum is committed to some reduction initiatives 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.