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.
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.
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.
Lux Industries Limited's score of 10 is lower than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Lux Industries Limited reported total carbon emissions of approximately 347,000 kg CO2e for Scope 1 and about 6,066,000 kg CO2e for Scope 2, totalling around 6,413,000 kg CO2e. This data reflects their operations in India, with a revenue of approximately USD 290 million. The company has shown a commitment to monitoring its emissions, although no Scope 3 emissions data has been disclosed. For the previous year, 2022, Lux Industries reported similar emissions, with Scope 1 emissions at about 420,000 kg CO2e and Scope 2 emissions at approximately 5,763,000 kg CO2e, resulting in a total of around 6,183,000 kg CO2e. This indicates a slight increase in total emissions from 2022 to 2023. Lux Industries has not set specific reduction targets or initiatives as part of the Science Based Targets initiative (SBTi) or other climate pledges. The absence of documented reduction targets suggests that while the company is tracking its emissions, it may not yet have formalised a comprehensive strategy for significant reductions. Overall, Lux Industries Limited is actively disclosing its emissions data, particularly for Scope 1 and Scope 2, but further commitments and reduction strategies are needed to enhance its climate action profile.
Access structured emissions data, company-specific emission factors, and source documents
2022 | 2023 | |
---|---|---|
Scope 1 | 420,000 | 000,000 |
Scope 2 | 5,763,000 | 0,000,000 |
Scope 3 | - | - |
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.
Lux Industries Limited is not participating in any 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.