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Public Profile
Medical Device Manufacturing
IT
updated 5 months ago

Luxottica Group S.p.A.

Company website

Luxottica Group S.p.A., a leading player in the eyewear industry, is headquartered in Italy and operates extensively across Europe, North America, and Asia. Founded in 1961, the company has achieved significant milestones, including the acquisition of renowned brands and the establishment of a vast retail network. Specialising in the design, manufacture, and distribution of eyewear, Luxottica offers a diverse portfolio that includes luxury, sports, and prescription eyewear. Its unique approach combines innovative technology with high-quality craftsmanship, setting it apart in a competitive market. As a dominant force in the eyewear sector, Luxottica is known for its strategic partnerships and collaborations with iconic fashion houses, solidifying its market position and enhancing its reputation for excellence.

DitchCarbon Score

How does Luxottica Group S.p.A.'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.

29

Industry Average

Mean score of companies in the Medical Device 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.

27

Industry Benchmark

Luxottica Group S.p.A.'s score of 29 is higher than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.

54%

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Luxottica Group S.p.A.'s reported carbon emissions

Luxottica Group S.p.A., headquartered in Italy, currently does not have specific carbon emissions data available for the most recent year. The company is a current subsidiary of EssilorLuxottica Société anonyme, which may influence its climate commitments and emissions reporting. As part of its climate strategy, Luxottica inherits reduction initiatives and targets from its parent company, EssilorLuxottica. This includes participation in the Science Based Targets initiative (SBTi) and the Carbon Disclosure Project (CDP), both of which are aimed at enhancing transparency and accountability in carbon emissions management. However, specific reduction targets or achievements for Luxottica itself have not been disclosed. The absence of detailed emissions data suggests that Luxottica is still in the process of establishing its own metrics and targets, potentially aligning with broader corporate family goals set by EssilorLuxottica. As the company moves forward, it is expected to adopt industry-standard climate terminology and practices to address its carbon footprint effectively.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Luxottica Group S.p.A.'s primary industry is Medical, precision and optical instruments, watches and clocks (33), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Luxottica Group S.p.A. is in IT, which has a low grid carbon intensity relative to other regions.

Reduction initiatives & disclosure networks

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.

Luxottica Group S.p.A. 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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