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 Communication Equipment 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 57 is higher than 78% 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 13,586,000 kg CO2e, with emissions split between Scope 1 and Scope 2. Specifically, Scope 1 emissions accounted for about 3,460,500 kg CO2e, while Scope 2 emissions totalled approximately 10,125,500 kg CO2e. The company has set ambitious climate commitments, aiming for net-zero greenhouse gas emissions from its global operations (Scope 1 and 2) by 2030. Lumentum has also committed to reducing its absolute Scope 1 and 2 emissions by 90% by FY2030 from a FY2022 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. The company is on track to achieve a 25% reduction in greenhouse gas intensity by FY2024 from a FY2021 baseline. These targets have been approved by the Science-Based Targets initiative (SBTi), reinforcing Lumentum's commitment to sustainable practices and climate action. Overall, Lumentum's climate strategy reflects a robust approach to reducing emissions and contributing to global climate goals, with a long-term vision of achieving net-zero emissions across its entire value chain by 2050.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 8,540,000 | 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 | - |
| Scope 3 | - | 00,000,000 | 00,000,000 | 00,000,000 | 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.
