Luxshare Sustainability Profile
Luxshare Precision Industry Co., Ltd., commonly known as Luxshare, is a leading player in the electronics manufacturing sector, headquartered in China (CN). Founded in 2004, the company has rapidly expanded its operations across major regions, including Asia, Europe, and North America, establishing itself as a key supplier in the global market. Specialising in high-quality connectors, cable assemblies, and precision components, Luxshare stands out for its commitment to innovation and advanced manufacturing techniques. The company has achieved significant milestones, including partnerships with major technology firms, which have bolstered its market position. With a focus on delivering reliable and efficient solutions, Luxshare has garnered recognition for its exceptional product quality and customer service, making it a preferred choice in the competitive electronics landscape.
DitchCarbon Score
How does Luxshare'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 Electrical Machinery 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
Luxshare's score of 86 is higher than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Luxshare's reported carbon emissions
In 2024, Luxshare Precision Industry Co., Ltd., headquartered in China, reported total carbon emissions of approximately 6,307,488,410 kg CO2e. This figure includes 81,369,540 kg CO2e from Scope 1 emissions, 649,157,000 kg CO2e from Scope 2 emissions, and a significant 5,576,961,350 kg CO2e from Scope 3 emissions. The company has set ambitious climate commitments, aiming for carbon neutrality by 2050 and a 50.4% reduction in absolute Scope 1 and 2 emissions by 2032, using 2022 as the base year. In 2023, Luxshare's total emissions were about 6,577,548,640 kg CO2e, with Scope 1 emissions at 64,857,330 kg CO2e, Scope 2 emissions at 610,143,440 kg CO2e, and Scope 3 emissions at 5,902,547,870 kg CO2e. The company has also committed to reducing Scope 3 emissions by 58.1% per unit of value added by 2032. These targets align with the Science Based Targets initiative (SBTi) and reflect Luxshare's commitment to sustainable practices within the electrical equipment and machinery sector. The company is on track to meet its near-term targets, which include a 42% reduction in Scope 1 and 2 emissions by 2030 from a 2022 base year.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 3,762,230 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 193,883,230 | 000,000,000 | 000,000,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
How Carbon Intensive is Luxshare's Industry?
How Carbon Intensive is Luxshare's Location?
Luxshare's Scope 3 Categories Breakdown
Luxshare's Scope 3 emissions, which decreased by 6% last year and decreased by approximately 16% since 2022, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Use of Sold Products" being the largest emissions source at 43% of Scope 3 emissions.
Top Scope 3 Categories
Luxshare'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.
Luxshare has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
Frequently Asked Questions
Common questions about Luxshare's sustainability data and climate commitments