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OrganisationsLowes
Lowes logo

Lowes

Real Estate ServicesUnited StatesNYSE: LOW
Last verified 2 months agolowes.com

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.

48
DitchCarbon score

+19 vs industry average

Lowes’s score of 48 is higher than 64% 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

000.0B000.0B00.0B00.0B0

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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, headquartered in the US and operating within the Real estate services (70) industry, reported a total of approximately 114.55 billion kg CO2e for its 2024 fiscal year. This encompasses Scope 1, 2, and 3 emissions.

For the 2024 reporting year, Lowe's Scope 1 emissions were approximately 388 million kg CO2e, while Scope 2 emissions were approximately 78 million kg CO2e (market-based). Scope 3 emissions were substantial, totalling approximately 113.36 billion kg CO2e. Key contributors within Scope 3 include the use of sold products, accounting for approximately 91.35 billion kg CO2e, and purchased goods and services, totalling approximately 7.86 billion kg CO2e.

In 2023, Lowe's total emissions were approximately 120.89 billion kg CO2e. Scope 1 emissions were approximately 413 million kg CO2e, and Scope 2 emissions were approximately 785 million kg CO2e (market-based). Scope 3 emissions were reported at approximately 120.10 billion kg CO2e.

Lowe's has set near-term reduction targets, aiming to reduce absolute Scope 1 and 2 greenhouse gas emissions by 42% from 2021 levels by 2030. Additionally, the company aims to reduce absolute Scope 3 emissions by 25% from 2021 levels by 2030. Their most recent reports indicate they are on track for both their near-term Scope 1 and 2 targets. Lowe's is also committed to a net-zero target by 2050.

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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%

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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 disclosed
Use of Sold Products81%
End-of-Life Treatment8%
Purchased Goods & Services7%
Upstream Transportation & Distribution3%
Use of Sold Products81%
End-of-Life Treatment8%
Purchased Goods & Services7%
Upstream Transportation & Distribution3%

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Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

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Not active
CDP

Carbon Disclosure Project

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Active
THE CLIMATE PLEDGE

The Climate Pledge

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Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

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Not active
RE 100

RE 100

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Not active
Climate Action 100+

Climate Action 100

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Not active

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Lowes logoLowes
USReal Estate Services
2 months ago
48
IKEA A/S logoIKEA A/S
DKRetail Trade Services
6 hours ago
66
View
Walmart logoWalmart
USRetail Trade Services
2 days ago
55
View
Bed Bath And Beyond logoBed Bath And Beyond
USRetail Trade Services
2 days ago
38
View
Williams Sonoma logoWilliams Sonoma
USFurniture Manufacturing
6 days ago
35
View
Masco logoMasco
USFurniture Manufacturing
6 days ago
35
View
Ace Hardware logoAce Hardware
USFinancial Intermediation
15 days ago
23
View

Frequently asked questions

Common questions about Lowes’s sustainability data and climate commitments

Lowe's reported a total carbon footprint of approximately 115 billion kg CO₂e for the 2024 fiscal year. The vast majority, roughly 99%, comes from Scope 3 emissions, mainly from the use of sold products, which account for about 91 billion kg CO₂e. Scope 1 and 2 emissions are relatively small, with Scope 1 at around 388 million kg and Scope 2 market-based at approximately 78 million kg. This data highlights the significant impact of supply chain and product use on Lowe's overall environmental footprint, emphasizing the importance of emission reduction efforts across all scopes.

Data year: 2024

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You’re welcome to quote or reference data from this page, but please include a visible link back to this URL. Bulk collection, resale, or redistribution of data from multiple profiles is not permitted.

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Ditchcarbonv260724.2
[email protected]+44 203 475 7875

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