LU-VE GROUP, headquartered in Italy, is a prominent player in the electrical machinery and apparatus industry, specifically within the sector classified as "Electrical machinery and apparatus n.e.c. (31)." Founded in 1969, the company has established itself as a leader in the design and manufacturing of innovative heat exchangers, refrigeration systems, and cooling solutions.
With a strong presence in Europe and expanding operations globally, LU-VE GROUP is renowned for its commitment to energy efficiency and sustainability. The company’s core products, including advanced cooling systems and heat exchangers, are distinguished by their cutting-edge technology and high performance.
Recognised for its significant contributions to the industry, LU-VE GROUP continues to set benchmarks in quality and innovation, solidifying its market position as a trusted provider of electrical machinery solutions.
-15 vs industry average
LU-VE GROUP’s score of 21 is lower than 33% 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
Electrical Machinery Manufacturing has below-average carbon intensity
Industry performance
The Electrical Machinery Manufacturing industry has reduced its overall emissions by 37% since 2019
Emissions trajectory 2020 – 2023
Reported emissions
Scope 3 accounts for ••• of total emissions.
LU-VE GROUP's reported carbon emissions
LU-VE GROUP, an electrical machinery and apparatus manufacturer headquartered in Italy, has reported Scope 1 and Scope 2 emissions for the years 2017 through 2020. In 2020, the company's Scope 1 emissions were approximately 6,604,400 kg CO2e, with Scope 2 (market-based) emissions reaching approximately 16,784,300 kg CO2e. For 2019, Scope 1 emissions were approximately 5,875,500 kg CO2e, and Scope 2 (market-based) emissions were approximately 16,647,400 kg CO2e. In 2018, Scope 1 emissions totalled approximately 5,605,300 kg CO2e, with Scope 2 (market-based) emissions at approximately 13,975,300 kg CO2e. The earliest available data, for 2017, shows total emissions (Scope 1 and 2 combined) of approximately 5,824,000 kg CO2e, with Scope 2 (market-based) for that year being approximately 12,831,400 kg CO2e. LU-VE GROUP's emissions data for these years does not include Scope 3 emissions. The company has not publicly disclosed specific reduction targets or commitments such as those from the Science Based Targets initiative (SBTi) or the Climate Pledge. Further details on emissions intensity, measured in kg CO2e per EUR of revenue, were reported as approximately 5.3e-05 for 2020, 5.1e-05 for 2019, and 5.8e-05 for 2018.
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LU-VE GROUP’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for LU-VE GROUP yet.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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