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OrganisationsLowes
Lowes logo

Lowes

Real Estate ServicesUnited StatesNYSE: LOW
Last verified 16 days agolowes.com

Lowe's Companies, Inc., commonly known as Lowe's, is a leading home improvement retailer headquartered in Mooresville, North Carolina, USA. Founded in 1946, the company has grown to become a prominent player in the home improvement industry, serving millions of customers across the United States and Canada.

Lowe's 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. The retailer is known for its innovative approach, such as the introduction of advanced online shopping tools and a robust loyalty programme.

With a strong market position, Lowe's has consistently ranked among the top home improvement retailers, achieving significant milestones in sustainability and community engagement. Their dedication to providing exceptional value and a diverse product selection makes Lowe's a trusted choice for DIY enthusiasts and professional contractors alike.

49
DitchCarbon score

+21 vs industry average

Lowes’s score of 49 is higher than 71% 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

0.208
20192025

The Real Estate Services industry has reduced its overall emissions by 42% since 2019

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

In 2024, Lowe's Companies, Inc. reported total carbon emissions of approximately 113.4 billion kg CO2e, comprising 388 million kg CO2e from Scope 1, 780 million kg CO2e from Scope 2, and 113.4 billion kg CO2e from Scope 3 emissions. This represents a slight decrease in Scope 1 emissions from 413 million kg CO2e in 2023 and a reduction in Scope 3 emissions from 120.1 billion kg CO2e in the same year. Lowe's has set ambitious climate commitments, aiming to reduce absolute Scope 1 and 2 GHG emissions by 42% from 2021 levels by 2030. Additionally, the company targets a 25% reduction in absolute Scope 3 emissions from 2021 levels by 2030, an increase from a previous target of 22.5%. These targets reflect Lowe's commitment to sustainability and align with industry standards for climate action. The company is also committed to achieving net-zero emissions across all scopes by 2050, demonstrating its long-term dedication to addressing climate change. These initiatives are part of Lowe's broader strategy to enhance its environmental performance and contribute positively to global climate goals.

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Lowes’s Climate Goals (2030 & 2050)

4 goals

2030

42% reduction in Scope 2

BY 2030: Reduce absolute scope 1 and 2 GHG emissions by 42% from 2021 levels

On track42%

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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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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Active
CDP

Carbon Disclosure Project

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Active
THE CLIMATE PLEDGE

The Climate Pledge

See details
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
16 days ago
49
Ikea logoIkea
SEAll Other Business Support Services
11 hours ago
74
View
Target logoTarget
USRetail Trade Services
10 days ago
67
View
IKEA A/S logoIKEA A/S
DKRetail Trade Services
6 hours ago
65
View
Dollar Tree logoDollar Tree
USRetail Trade Services
10 days ago
64
View
Sherwin Williams logoSherwin Williams
USConstruction Material Reprocessing
10 days ago
63
View
Best Buy logoBest Buy
USElectronic Shopping and Mail-Order Houses
9 days ago
61
View

Frequently asked questions

Common questions about Lowes’s sustainability data and climate commitments

Lowe's reported total carbon emissions of approximately 113.4 billion kg CO₂e in 2024. This includes around 388 million kg CO₂e from Scope 1, approximately 780 million kg CO₂e from Scope 2, and the vast majority, about 113.4 billion kg CO₂e, from Scope 3 emissions. These figures highlight the significant environmental impact of Lowe's operations, particularly from its supply chain activities, which are crucial for stakeholders assessing the company's carbon footprint.

Data year: 2024

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Ditchcarbonv260319.2
[email protected]+44 203 475 7875

Ditch Carbon Ltd

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