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 98% 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, headquartered in China, reported total greenhouse gas emissions of approximately 6,101,432.6 kg CO2e for Scope 1 and 2, alongside 5,902,511.9 kg CO2e for Scope 3 emissions. This marked a significant commitment to sustainability, as the company has set ambitious targets to reduce its carbon footprint. Luxshare aims to achieve a 50.4% reduction in absolute Scope 1 and 2 greenhouse gas emissions by 2032, using 2022 as the baseline year. Additionally, the company has committed to a 58.1% reduction in Scope 3 emissions per CNY of value added within the same timeframe. These targets align with the Science Based Targets initiative (SBTi) and are part of Luxshare's long-term goal to reach net-zero emissions by 2050 across all scopes. The company's emissions intensity has shown a downward trend, with a reported carbon emissions intensity of about 0.1956 tonnes CO2e per million USD in revenue for 2023. This reflects Luxshare's ongoing efforts to enhance operational efficiency and reduce environmental impact in the electrical equipment and machinery sector.
Access structured emissions data, company-specific emission factors, and source documents
Get Started2017 | 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.