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 67 is higher than 80% 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 6,442,000 kg CO2e for Scope 1 and about 606,805,000 kg CO2e for Scope 2 (market-based). The company's Scope 3 emissions were significantly higher, totalling around 5,902,511,900 kg CO2e. This data reflects a comprehensive disclosure of emissions across all relevant scopes. Luxshare has set ambitious climate commitments, aiming for carbon neutrality by 2050. Additionally, the company has pledged to reduce its absolute Scope 1 and 2 greenhouse gas emissions by 50.4% by 2032, using 2022 as the base year. This target is aligned with the Science Based Targets initiative (SBTi) and includes a commitment to reduce Scope 3 emissions by 58.1% per unit of value added within the same timeframe. The company’s emissions data and reduction targets are not cascaded from a parent organization, indicating that these figures are independently reported. Luxshare's proactive approach to climate action positions it as a responsible player in the electrical equipment and machinery sector, contributing to global efforts to mitigate climate change.
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| 2017 | 2018 | 2019 | 2020 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 3,762,230 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 193,883,230 | 000,000,000 | 000,000,000 | 000,000,000 | 0,000,000,000 | 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.
