Luxshare
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 69 is higher than 98% 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 2023, Luxshare Precision Industry Co., Ltd., headquartered in China, reported total greenhouse gas emissions of approximately 6,491,590 kg CO2e for Scope 1 and about 610,143,260 kg CO2e for Scope 2, with Scope 3 emissions reaching approximately 5,902,511,900 kg CO2e. This reflects a commitment to transparency in their emissions reporting across all three scopes. Luxshare has set ambitious climate targets, aiming to reduce absolute Scope 1 and 2 greenhouse gas emissions by 50.4% by 2032, using 2022 as the baseline year. Additionally, they plan to decrease Scope 3 emissions by 58.1% per unit of value added within the same timeframe. These targets align with the Science Based Targets initiative (SBTi) and are consistent with the reductions necessary to limit global warming to 1.5°C. In the near term, Luxshare also commits to a 42% reduction in Scope 1 and 2 emissions by 2030 from the 2022 baseline. This comprehensive approach underscores Luxshare's dedication to addressing climate change and reducing its carbon footprint across all operational levels.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 6,511,420 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 541,203,900 | 0,000,000,000 | 0,000,000,000 | 000,000,000 |
| Scope 3 | - | - | 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.
Luxshare is participating in some 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.
