Luxottica Group S.p.A.
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.
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.
Industry Benchmark
Luxottica Group S.p.A.'s score of 27 is higher than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Luxottica Group S.p.A.'s reported carbon emissions
In 2023, Luxottica Group S.p.A. reported total carbon emissions of approximately 3,950,000,000 kg CO2e. This figure includes 950,000,000 kg CO2e from Scope 1 emissions, 350,000,000 kg CO2e from Scope 2 emissions, and 3,000,000,000 kg CO2e from Scope 3 emissions, which encompasses purchased goods and services as well as upstream transportation and distribution. The company's emissions have shown a significant increase over the years, with Scope 1 emissions rising from 850,000,000 kg CO2e in 2021 to 950,000,000 kg CO2e in 2023. Similarly, Scope 2 emissions increased from 250,000,000 kg CO2e in 2021 to 350,000,000 kg CO2e in 2023. Scope 3 emissions also escalated from 2,600,000,000 kg CO2e in 2021 to 3,000,000,000 kg CO2e in 2023. Despite the rising emissions, Luxottica has not publicly disclosed specific reduction targets or initiatives aimed at mitigating their carbon footprint. The absence of documented reduction targets suggests a need for enhanced climate commitments within the organisation. As a leading player in the eyewear industry, Luxottica's climate strategy will be crucial in addressing the growing concerns surrounding carbon emissions and sustainability.
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| 2015 | 2016 | 2017 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 16,800,000 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 110,962,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 1,100,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Industry emissions intensity
Location emissions intensity
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 committed to any reduction initiatives 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.
