The LOTOS Group
The LOTOS Group, officially known as Grupa LOTOS S.A., is a prominent player in the oil and gas industry, headquartered in Gdańsk, Poland. Established in 1976, the company has evolved into a key operator in the refining and distribution of petroleum products, with significant operations across Central and Eastern Europe. LOTOS is renowned for its high-quality fuels, lubricants, and petrochemical products, distinguished by their innovative formulations and commitment to sustainability. The company has achieved notable milestones, including the expansion of its refining capacity and the development of advanced technologies in the energy sector. As a leader in the market, LOTOS continues to enhance its position through strategic investments and a focus on environmentally friendly practices, solidifying its reputation as a trusted name in the industry.
DitchCarbon Score
How does The LOTOS Group'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 Liquefied Petroleum Gas (LPG) 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
The LOTOS Group's score of 9 is lower 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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The LOTOS Group's reported carbon emissions
In 2021, The LOTOS Group reported total carbon emissions of approximately 2,052,426,000 kg CO2e for Scope 1 and about 475,388,000 kg CO2e for Scope 2. This reflects a slight decrease in Scope 1 emissions from 2,090,948,000 kg CO2e in 2020, while Scope 2 emissions remained relatively stable, decreasing marginally from 475,560,000 kg CO2e in the same year. The Group has not disclosed any Scope 3 emissions data, which limits the understanding of its full carbon footprint. However, in previous years, LOTOS reported Scope 3 emissions of approximately 424,910,000 kg CO2e in 2019 and 420,696,000 kg CO2e in 2018, primarily from purchased goods and services. Despite these figures, The LOTOS Group has not set specific reduction targets or climate pledges, indicating a potential area for improvement in their climate commitments. The absence of Science-Based Targets Initiative (SBTi) reduction targets suggests that the company may need to enhance its climate strategy to align with industry standards. Overall, while LOTOS has made progress in managing its emissions, the lack of comprehensive Scope 3 data and formal reduction commitments highlights the need for a more robust approach to climate action.
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| 2017 | 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|---|
| Scope 1 | 1,824,105,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 543,032,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 404,261,000 | 000,000,000 | 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.
The LOTOS Group is not participating in any 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.
