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.
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.
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.
Luxshare's score of 52 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Luxshare Precision Industry Co., Ltd. reported total greenhouse gas emissions of approximately 675,053,850 kg CO2e, comprising 64,910,590 kg CO2e from Scope 1 and 610,143,260 kg CO2e from Scope 2 emissions. The company has set ambitious climate commitments, aiming to reduce its absolute Scope 1 and 2 greenhouse gas emissions by 50.4% by 2032, using 2022 as the base year. Additionally, Luxshare targets a 58.1% reduction in Scope 3 emissions per CNY of value added within the same timeframe. In previous years, Luxshare's emissions have varied, with 2022 emissions recorded at approximately 1,479,175,340 kg CO2e (including Scope 1, 93,645,540 kg CO2e; Scope 2, 1,385,529,800 kg CO2e; and Scope 3, 6,609,751,980 kg CO2e). The company is committed to achieving net-zero emissions by 2050, reflecting its dedication to sustainable practices in the electrical equipment and machinery sector. Luxshare's reduction targets align with the Science Based Targets initiative (SBTi), ensuring that their strategies are consistent with the global goal of limiting temperature rise to 1.5°C. The company continues to focus on measuring and reducing its emissions across all scopes, demonstrating a proactive approach to climate responsibility.
Access structured emissions data, company-specific emission factors, and source documents
2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|
Scope 1 | 3,762,230 | 0,000,000 | 0,000,000 | 0,000,000 | 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 |
Scope 3 | - | - | - | 00,000,000 | - | 0,000,000,000 | 0,000,000,000 |
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 committed to some 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.