Luceco Sustainability Profile
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.
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.
Industry Benchmark
Luceco's score of 71 is higher than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Luceco's reported carbon emissions
In 2024, Luceco reported total carbon emissions of approximately 549,866,400 kg CO2e, with Scope 1 emissions accounting for about 999,900 kg CO2e. The breakdown of Scope 1 emissions includes 328,300 kg CO2e from mobile combustion and 481,800 kg CO2e from stationary combustion. Scope 3 emissions were significantly higher, totalling approximately 548,866,500 kg CO2e, with the largest contributions from the use of sold products (441,721,700 kg CO2e) and upstream transportation and distribution (11,982,000 kg CO2e). For 2023, Luceco's total emissions were approximately 497,493,500 kg CO2e, with Scope 1 emissions at about 1,134,500 kg CO2e. The Scope 3 emissions for this year were around 496,359,000 kg CO2e, again dominated by the use of sold products (405,258,000 kg CO2e). Luceco has set ambitious climate commitments, aiming to reduce absolute Scope 1 and Scope 2 greenhouse gas emissions by 46.2% by 2031, using 2021 as the base year. Additionally, the company targets a 27.5% reduction in Scope 3 emissions from the use of sold products within the same timeframe. These targets are aligned with the Science Based Targets initiative (SBTi) and are designed to support the global effort to limit warming to 1.5°C. Overall, Luceco's emissions data and reduction targets reflect a proactive approach to addressing climate change, with a clear focus on significant reductions across multiple scopes of emissions.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 695,000 | 000,000 | 000,000 | 0,000,000 | 000,000 |
| Scope 2 | 3,902,000 | 000,000 | - | - | - |
| Scope 3 | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
How Carbon Intensive is Luceco's Industry?
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Luceco's Scope 3 Categories Breakdown
Luceco's Scope 3 emissions, which increased by 11% last year and decreased by approximately 16% 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 80% of Scope 3 emissions.
Top Scope 3 Categories
Luceco'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.
Luceco 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.
Frequently Asked Questions
Common questions about Luceco's sustainability data and climate commitments