Lux Industries Limited Sustainability Profile
Lux Industries Limited, a prominent player in the Indian textile industry, is headquartered in Kolkata, West Bengal. Established in 1995, the company has carved a niche in the production of premium innerwear and loungewear, catering to diverse consumer needs across India and beyond. Renowned for its innovative designs and high-quality fabrics, Lux Industries offers a wide range of products, including men's, women's, and children's innerwear. The brand is celebrated for its commitment to comfort and style, setting it apart in a competitive market. With a strong market presence, Lux Industries has achieved significant milestones, including numerous awards for excellence in manufacturing and design. As a trusted name in the industry, the company continues to expand its reach, solidifying its position as a leader in the innerwear segment.
DitchCarbon Score
How does Lux Industries Limited'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 Textile 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
Lux Industries Limited's score of 19 is higher than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Lux Industries Limited's reported carbon emissions
In 2023, Lux Industries Limited reported total carbon emissions of approximately 6,606,000 kg CO2e from Scope 2 and about 347,000 kg CO2e from Scope 1. This reflects a slight decrease in Scope 1 emissions from 420,000 kg CO2e in 2022, while Scope 2 emissions increased from 5,763,000 kg CO2e in the same year. The company has set ambitious climate commitments, aiming for a 53% reduction in Scope 1 and Scope 2 emissions against a baseline established in 2015, with a target completion year of 2020. Additionally, Lux Industries is committed to achieving net-zero emissions by 2050 through its "Tread Lightly" initiative, which seeks to offset 100% of its carbon emissions. This long-term strategy aligns with the goals of the Paris Agreement, demonstrating the company's dedication to climate action. As of now, Lux Industries has not disclosed any Scope 3 emissions data, indicating a focus on direct and indirect emissions from its operations. The emissions data is not cascaded from any parent organization, ensuring that the figures are specific to Lux Industries Limited.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 533,000,000 | 000,000 | 000,000 |
| Scope 2 | - | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - |
How Carbon Intensive is Lux Industries Limited's Industry?
How Carbon Intensive is Lux Industries Limited's Location?
Lux Industries Limited'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.
Lux Industries Limited 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.
