Lumentum

Lumentum's reported carbon emissions

Lumentum's Latest Carbon Emissions and Climate Commitments For the reporting year 2024, Lumentum, based in the US and operating within the radio, television, and communication equipment and apparatus industry, reported significant greenhouse gas (GHG) emissions. The company's total emissions, encompassing Scope 1, 2, and 3, were approximately 670.5 billion kg CO2e. This total is comprised of Scope 1 emissions totalling approximately 8.7 million kg CO2e, and Scope 2 emissions, which reached approximately 16.5 million kg CO2e using the market-based method and approximately 68.2 million kg CO2e using the location-based method. Scope 3 emissions were substantial, with key contributors including the use of sold products at approximately 471.1 million kg CO2e and purchased goods and services at approximately 136.4 million kg CO2e. Lumentum has established ambitious climate commitments, aiming for net-zero GHG emissions from its global operations by 2030, covering Scope 1 and 2 emissions. Additionally, the company has committed to reducing its GHG intensity by 25% by FY24, using FY21 as a baseline. This intensity reduction target applies to both Scope 1 and Scope 2 emissions. Furthermore, Lumentum has set Science-Based Targets (SBTi) for emissions reduction. These include a commitment to reduce absolute Scope 1 and 2 GHG emissions by 90% by FY2030 from a FY2022 baseline, aligning with keeping warming to 1.5°C. For Scope 3, Lumentum aims to reduce emissions from fuel- and energy-related activities and the use of sold products by 52% per data capacity delivered (Gbps) of sold cloud and networking products by FY2030. The company also has a long-term goal to reach net-zero across its value chain by 2050.