Lumileds Holding Bv Sustainability Profile
Lumileds Holding B.V., a leading innovator in the lighting industry, is headquartered in the Netherlands and operates extensively across Europe, Asia, and the Americas. Founded in 1999, Lumileds has established itself as a key player in the development of advanced LED technology and automotive lighting solutions. The company is renowned for its high-performance LED products, including the LUXEON® series, which are distinguished by their exceptional efficiency and reliability. Lumileds' commitment to sustainability and innovation has positioned it at the forefront of the market, catering to diverse sectors such as automotive, general illumination, and specialty lighting. With a strong emphasis on quality and performance, Lumileds has achieved numerous accolades, solidifying its reputation as a trusted partner in the global lighting landscape.
DitchCarbon Score
How does Lumileds Holding Bv'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
Lumileds Holding Bv's score of 26 is lower than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Lumileds Holding Bv's reported carbon emissions
In 2019, Lumileds Holding B.V. reported total carbon emissions of approximately 116,695,000 kg CO2e. This figure includes about 16,552,000 kg CO2e from Scope 1 emissions and approximately 95,790,000 kg CO2e from Scope 2 emissions. The company has shown a slight decrease in total emissions from 2018, when emissions were about 114,791,000 kg CO2e, with Scope 1 and Scope 2 emissions of approximately 15,651,000 kg CO2e and 92,008,000 kg CO2e, respectively. Over the years, Lumileds has experienced fluctuations in its emissions, with a peak in 2016 at about 166,743,000 kg CO2e. The company has not disclosed any Scope 3 emissions data, indicating a potential area for future reporting and improvement. Despite the absence of specific reduction targets or initiatives, Lumileds is a current subsidiary of a larger corporate family, inheriting emissions data from its parent organization. The company has not publicly committed to any climate pledges or initiatives such as the Science Based Targets initiative (SBTi) or the Carbon Disclosure Project (CDP). Overall, Lumileds' emissions data reflects its ongoing efforts to monitor and manage its carbon footprint, although further commitments and transparency regarding reduction strategies would enhance its climate action profile.
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| 2016 | 2017 | 2018 | 2019 | |
|---|---|---|---|---|
| Scope 1 | 73,637,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 84,059,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - |
How Carbon Intensive is Lumileds Holding Bv's Industry?
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Lumileds Holding Bv'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.
Lumileds Holding Bv 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.
