LTG Sustainability Profile
LTG, or Lürssen Technologies Group, is a prominent player in the engineering and technology sector, headquartered in Germany. Established in 1998, the company has made significant strides in providing innovative solutions across various industries, including automotive, aerospace, and manufacturing. With a strong presence in Europe and beyond, LTG is renowned for its cutting-edge products and services, particularly in the fields of automation and digitalisation. Their unique offerings, such as advanced control systems and bespoke engineering solutions, set them apart in a competitive market. Recognised for their commitment to quality and innovation, LTG has achieved notable milestones, solidifying its position as a leader in the industry. The company continues to drive technological advancements, ensuring they remain at the forefront of engineering excellence.
DitchCarbon Score
How does LTG'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 Transport Equipment Manufacturing 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
LTG's score of 19 is lower than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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LTG's reported carbon emissions
In 2022, LTG reported total carbon emissions of approximately 253.64 kg CO2e, comprising 19.06 kg CO2e from Scope 1, 12.34 kg CO2e from Scope 2, and a significant 222.24 kg CO2e from Scope 3 emissions. This data reflects LTG's comprehensive approach to carbon accounting, covering all relevant scopes of emissions. Currently, LTG has not established specific reduction targets or initiatives, nor do they participate in recognised climate pledges such as the Science Based Targets initiative (SBTi). The absence of formal commitments suggests that while LTG is aware of its carbon footprint, it may need to enhance its climate strategy to align with industry standards and expectations. As of now, there is no cascaded emissions data from a parent or related organisation, indicating that LTG's emissions reporting is independent. The company is positioned to develop more robust climate commitments in the future, which could include setting reduction targets and participating in global climate initiatives.
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| 2022 | |
|---|---|
| Scope 1 | 19.06 |
| Scope 2 | 12.34 |
| Scope 3 | 222.24 |
How Carbon Intensive is LTG's Industry?
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LTG'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.
LTG has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
