Lumentum
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.
DitchCarbon Score
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.
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.
Industry Benchmark
Lumentum's score of 80 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Lumentum's reported carbon emissions
In 2023, Lumentum Holdings Inc. reported total greenhouse gas emissions of approximately 88,824,000 kg CO2e, which includes 9,813,000 kg CO2e from Scope 1 and 30,598,000 kg CO2e from Scope 2 emissions. The company has set ambitious climate commitments, aiming for net-zero greenhouse gas emissions across its entire value chain by 2050. Lumentum's near-term targets include a significant reduction of 90% in absolute Scope 1 and 2 emissions by FY2030, using FY2022 as the baseline. Additionally, the company plans to reduce 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. To further enhance its sustainability efforts, Lumentum commits that by FY2028, 30% of its suppliers covering purchased goods and services will have science-based targets, and 25% of its customers will also adopt such targets. Long-term, the company aims to maintain a minimum of 90% reduction in absolute Scope 1 and 2 emissions from FY2030 through FY2050, alongside a 90% reduction in Scope 3 emissions by FY2050, all from the FY2022 baseline. These initiatives reflect Lumentum's commitment to addressing climate change and reducing its carbon footprint in the technology hardware and equipment sector.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 8,540,000 | 0,000,000 | 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 | 00,000,000 |
| Scope 3 | - | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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 participating in some of the initiatives that 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.
