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Lowe's Companies, Inc., commonly known as Lowe's, is a leading player in the real estate services industry, headquartered in Mooresville, North Carolina, USA. Founded in 1946, Lowe's has grown to become a prominent home improvement retailer, serving customers across the United States and Canada. The company offers a wide range of products and services, including building materials, home improvement supplies, and appliances, distinguished by their commitment to quality and customer service.
With a strong market position, Lowe's has achieved significant milestones, including the expansion of its store footprint and the introduction of innovative services such as online shopping and delivery. As a trusted name in home improvement, Lowe's continues to cater to both DIY enthusiasts and professional contractors, making it a go-to destination for all home enhancement needs.
43
DitchCarbon score
+14 vs industry average
Lowes’s score of 43 is higher than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
High
Real Estate Services has above-average carbon intensity
Industry performance
0.221
20182025
The Real Estate Services industry has reduced its overall emissions by 17% since 2018
Emissions trajectory 2020 – 2027
20202021202220232024202520262027
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Lowes's reported carbon emissions
Lowe's reported its total carbon emissions for 2024 as approximately 114.5 billion kg CO2e. This includes Scope 1 emissions of 388 million kg CO2e, Scope 2 emissions (market-based) of 780 million kg CO2e, and Scope 3 emissions of 113.36 billion kg CO2e. The largest contributor to Scope 3 emissions in 2024 was the use of sold products, accounting for 91.35 billion kg CO2e.
Looking back, Lowe's total emissions in 2023 were approximately 121.2 billion kg CO2e, with Scope 1 at 413 million kg CO2e, Scope 2 (market-based) at 785 million kg CO2e, and Scope 3 at 120.1 billion kg CO2e. In 2022, the company's total emissions were around 139.2 billion kg CO2e, comprising Scope 1 emissions of 437 million kg CO2e, Scope 2 (market-based) of 932 million kg CO2e, and Scope 3 of 137.88 billion kg CO2e.
Lowe's has set near-term absolute reduction targets. The company aims to reduce its Scope 1 and 2 GHG emissions by 42% from 2021 levels by 2030. Additionally, Lowe's is committed to reducing its absolute Scope 3 emissions by 25% (an increase from a previous 22.5% target) from 2021 levels by 2030. Lowe's Companies, Inc. is committed to Net-Zero as per the SBTi.
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Lowes’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
On track94%
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
At risk48%
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Behind target22%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
4 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
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Not active
Carbon Disclosure Project
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Active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Not active
RE 100
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Not active
Climate Action 100
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Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Lowes4 months ago
43
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Frequently asked questions
Common questions about Lowes’s sustainability data and climate commitments
In 2024, Lowe's reported total carbon emissions of approximately 114.5 billion kg CO2e. The largest portion of these emissions, a vast majority, stems from Scope 3, totaling around 113.4 billion kg CO2e. Scope 1 emissions were approximately 388 million kg CO2e, and Scope 2 (market-based) emissions were about 780 million kg CO2e. This breakdown highlights the significant impact of the company's value chain on its overall carbon footprint, with the use of sold products being the primary driver within Scope 3.
Data year: 2024
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