Luminus Sustainability Profile
Luminus, a leading energy provider headquartered in Belgium, has been at the forefront of the energy sector since its establishment in 2001. With a strong presence across the Belgian market, Luminus focuses on delivering innovative energy solutions, including electricity, natural gas, and renewable energy services. The company is renowned for its commitment to sustainability, offering unique products such as green energy plans that cater to environmentally conscious consumers. Luminus has achieved significant milestones, including the expansion of its renewable energy portfolio, positioning itself as a key player in the transition towards a low-carbon economy. With a reputation for reliability and customer-centric services, Luminus continues to enhance its market position, making strides in both residential and business energy solutions.
DitchCarbon Score
How does Luminus'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 Electricity from Other Sources 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
Luminus's score of 54 is higher than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Luminus's reported carbon emissions
In 2022, Luminus reported total carbon emissions of approximately 1,375,000,000 kg CO2e globally, with significant contributions from Scope 1 and Scope 2 emissions. Specifically, Scope 1 emissions accounted for about 1,031,000,000 kg CO2e, primarily from mobile and stationary combustion, while Scope 2 emissions totalled approximately 1,022,500,000 kg CO2e, mainly from purchased electricity. Scope 3 emissions were notably high at around 4,933,000,000 kg CO2e, driven largely by employee commuting and waste generated in operations. Luminus has set ambitious reduction targets, aiming for a 22.6% decrease in Scope 1 emissions by 2021, which translates to a reduction of about 1,048,000 kg CO2e from 1,355,000 kg CO2e in 2020. Additionally, they targeted a 22% reduction in emissions from electricity consumption in leased buildings and a 16% decrease in emissions from their vehicle fleet during the same timeframe. Looking ahead, Luminus has committed to achieving net-zero emissions across all scopes by 2050, aligning with science-based targets. This commitment is part of a broader strategy to enhance sustainability and reduce carbon intensity, with future projects like the Seraing power plant expected to emit approximately 320 kg CO2 per MWh produced, representing a 20% reduction in carbon intensity compared to current operations. It is important to note that Luminus's emissions data and climate commitments are cascaded from its parent company, Electricité de France S.A., reflecting a corporate family relationship that influences their sustainability initiatives.
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| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Scope 1 | 1,355,000,000 | - | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 1,354,000,000 | - | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | 3,895,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
How Carbon Intensive is Luminus's Industry?
How Carbon Intensive is Luminus's Location?
Luminus's Scope 3 Categories Breakdown
Luminus's Scope 3 emissions, which increased by 30% last year and increased by approximately 27% since 2019, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 71% of total emissions under the GHG Protocol, with "Employee Commuting" being the largest emissions source at 17% of Scope 3 emissions.
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Luminus'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.
Luminus 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.
