Public Profile

Luceco

Luceco PLC, a leading name in the electrical products industry, is headquartered in Great Britain and operates extensively across Europe and beyond. Founded in 2013, Luceco has quickly established itself as a key player in the design and manufacture of innovative lighting and electrical solutions, including LED lighting, wiring accessories, and portable power products. The company is renowned for its commitment to quality and sustainability, offering energy-efficient solutions that meet the evolving needs of both residential and commercial markets. Luceco's unique approach combines cutting-edge technology with user-friendly designs, ensuring their products stand out in a competitive landscape. With a strong market position and a reputation for excellence, Luceco continues to achieve significant milestones, solidifying its status as a trusted provider in the electrical sector.

DitchCarbon Score

How does Luceco'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.

58

Industry Average

Mean score of companies in the Business 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.

18

Industry Benchmark

Luceco's score of 58 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.

99%

Luceco's reported carbon emissions

In 2023, Luceco plc reported total carbon emissions of approximately 498,000,000 kg CO2e globally, comprising 1,134,500 kg CO2e from Scope 1, 4,999,100 kg CO2e from Scope 2, and 496,359,000 kg CO2e from Scope 3 emissions. This reflects a commitment to reducing their carbon footprint significantly. Luceco has set ambitious targets to reduce absolute Scope 1 and 2 greenhouse gas emissions by 46.2% by FY2031, using FY2021 as the baseline. Additionally, they aim to cut Scope 3 emissions from the use of sold products by 27.5% within the same timeframe. These targets align with the Science Based Targets initiative (SBTi) and are designed to contribute to global efforts to limit temperature rise to 1.5°C. In previous years, Luceco's emissions were notably high, with 2021 figures showing total emissions of approximately 527,967,000 kg CO2e in the UK, including 1,192,000 kg CO2e from Scope 1 and 526,775,000 kg CO2e from Scope 3. The company is actively working towards these reduction goals, demonstrating a commitment to sustainability and climate responsibility in the electrical equipment and machinery sector.

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Add to project
20172020202120222023
Scope 1
100,000,000
000,000
0,000,000
000,000
0,000,000
Scope 2
200,000,000
0,000,000
000,000
-
-
Scope 3
300,000,000
-
000,000,000
000,000,000
000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Luceco's primary industry is Other business services (74), which is low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Luceco is headquartered in GB, which has a rank of low, indicating low grid carbon intensity.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

Luceco is committed to some reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

SBTi
CDP
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers