Lowes Sustainability Profile
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.
DitchCarbon Score
How does Lowes'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 Real Estate Services 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
Lowes's score of 74 is higher than 85% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Lowes's reported carbon emissions
In 2024, Lowe's Companies, Inc. reported total greenhouse gas emissions of approximately 388,000,000 kg CO2e for Scope 1, 780,000,000 kg CO2e for Scope 2 (market-based), and about 113,364,000,000 kg CO2e for Scope 3 emissions. This represents a slight decrease in Scope 1 emissions from 2023, where they were approximately 413,000,000 kg CO2e, and a reduction in Scope 2 emissions from 785,000,000 kg CO2e (market-based). The Scope 3 emissions also decreased from about 120,103,000,000 kg CO2e in 2023. Lowe's has set ambitious climate commitments, aiming to reduce absolute Scope 1 and 2 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. These targets reflect a commitment to significant emissions reductions across all scopes, aligning with industry standards for climate action. Lowe's is also a member of the Science Based Targets initiative (SBTi) and has committed to achieving net-zero emissions by 2050. The company is actively working towards these goals, demonstrating a proactive approach to addressing climate change and reducing its carbon footprint.
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| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 354,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 2,054,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - | - | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 |
How Carbon Intensive is Lowes's Industry?
How Carbon Intensive is Lowes's Location?
Lowes's Scope 3 Categories Breakdown
Lowes's Scope 3 emissions, which decreased by 6% last year and decreased by approximately 21% since 2021, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Use of Sold Products" being the largest emissions source at 81% of Scope 3 emissions.
Top Scope 3 Categories
Lowes's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Lowes has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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Frequently Asked Questions
Common questions about Lowes's sustainability data and climate commitments