Luminus

Luminus's reported carbon emissions

Luminus, a Belgian electricity company, has reported significant progress in reducing its carbon emissions. In 2021, Scope 1 direct emissions decreased by approximately 22.6% to 1,048,000 tonnes CO2e, down from 1,355,000 tonnes CO2e in 2020. Scope 2 emissions related to electricity consumption in leased buildings also saw a reduction of approximately 22% between 2020 and 2021. Furthermore, Scope 3 emissions from the company's vehicle fleet reduced by approximately 16% over the same period. For 2022, Luminus reported Scope 1 emissions totalling approximately 1,031,000,000 kg CO2e, Scope 2 emissions of approximately 1,022,500,000 kg CO2e, and Scope 3 emissions of approximately 4,933,000,000 kg CO2e. The total combined emissions for 2022 were approximately 7,086,500,000 kg CO2e. Looking ahead, Luminus has committed to achieving carbon neutrality by 2050, aligning with a science-based targets approach. As part of its long-term strategy, the company is investing in new technologies, such as a future power plant in Seraing which is expected to have an intensity of approximately 320 kg of CO2 per MWh produced, representing a 20% reduction compared to the current plant's intensity. Luminus's climate data and targets are cascaded from its parent company, Luminus NV. Their science-based targets (SBTi) and other climate initiatives are inherited from Electricité de France S.A., which holds a cascade level of 2.