Lumentum Sustainability Profile
Lumentum Holdings Inc., commonly referred to as Lumentum, is a leading provider of innovative optical and photonic products headquartered in the United States. Founded in 2015, the company emerged from the spin-off of JDS Uniphase Corporation, quickly establishing itself in the telecommunications and industrial sectors. Lumentum's core offerings include advanced lasers, optical components, and 3D sensing technologies, which are distinguished by their high performance and reliability. The company serves a diverse range of markets, including telecommunications, data communications, and consumer electronics, positioning itself as a key player in the global photonics industry. With a commitment to research and development, Lumentum has achieved significant milestones, including numerous patents and industry awards, solidifying its reputation as an innovator in optical technology.
DitchCarbon Score
How does Lumentum'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 Communication 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
Lumentum's score of 76 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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Lumentum's reported carbon emissions
In 2024, Lumentum Holdings Inc. reported significant greenhouse gas emissions, totalling approximately 871,500 kg CO2e for Scope 1 and 16,529,000 kg CO2e for Scope 2, with a substantial Scope 3 emission figure of about 661,457,000 kg CO2e. This data reflects their commitment to transparency in emissions reporting. Lumentum has set ambitious climate targets, aiming for net-zero greenhouse gas emissions from its global operations by 2030 for both Scope 1 and Scope 2 emissions. This commitment is part of a broader strategy to reduce absolute Scope 1 and 2 emissions by 90% by FY2030, using FY2022 as the baseline. Additionally, they plan to reduce Scope 3 emissions from fuel- and energy-related activities and the use of sold products by 52% per data capacity delivered by the same deadline. The company has also committed to ensuring that 30% of its suppliers and 25% of its customers have science-based targets by 2028, further embedding sustainability into its supply chain. These targets have been validated by the Science-Based Targets initiative (SBTi), reinforcing Lumentum's dedication to aligning with global climate goals. Overall, Lumentum's proactive approach to reducing its carbon footprint and its clear, measurable targets position it as a responsible player in the technology hardware sector, committed to combating climate change.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 8,540,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 38,446,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
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Lumentum'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.
Lumentum 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.
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Frequently Asked Questions
Common questions about Lumentum's sustainability data and climate commitments