In 2023, La-Z-Boy completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
La-Z-Boy has also provided a category-level breakdown for 12 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2023 | 2022 | 2021 | 2020 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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In 2023, the total operational greenhouse gas (GHG) emissions of La-Z-Boy amounted to 75,362 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a
Compared to 2021, the total operational greenhouse gas (GHG) emissions of La-Z-Boy increased by 42.64%, suggesting that the company faced challenges in reducing its emissions from its core operations. a b
In 2023, the total Scope 1 emissions of La-Z-Boy were 39,430 metric tons of CO₂ equivalent (tCO₂e). a
Compared to the previous year (2021), La-Z-Boy's Scope 1 emissions increased by 67.18%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a b
In 2023, La-Z-Boy reported Scope 2 greenhouse gas (GHG) emissions of 13,135 tCO₂e using the market-based method and 35,932 tCO₂e using the location-based method. a
In 2023, La-Z-Boy reported its Scope 2 emissions using the market-based method and using the location-based method. a
In 2023, La-Z-Boy reported 902,325 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a
The 2023 disclosure of La-Z-Boy includes a breakdown across 12 of the 15 Scope 3 categories defined by the GHG Protocol, up from 1 in 2021, reflecting improved emissions accounting practices and greater transparency across the company's value chain a
In 2023, La-Z-Boy reported total Scope 3 emissions of 902,325 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 91.15% of these emissions originated from upstream activities such as purchased goods and capital goods, while 8.85% came from downstream activities like product use, distribution, and end-of-life treatment. a
Compared to the previous year (2021), La-Z-Boy's Scope 3 emissions increased by 41.52%, suggesting that the company faced challenges in reducing emissions across its value chain. a b
In 2023, La-Z-Boy reported emissions for 12 out of the 15 Scope 3 categories defined by the GHG Protocol. a
This reflects a high level of granularity and transparency in the company's emissions reporting.
In 2023, the largest contributors to La-Z-Boy's Scope 3 emissions were: a
In 2023, La-Z-Boy reported Scope 1 greenhouse gas (GHG) emissions of 39,430 tCO₂e and total revenues of USD 2,349 millions. This translates into an emissions intensity of 16.78 tCO₂e per millions USD. a
In 2023, La-Z-Boy reported a Scope 1 emissions intensity of 16.78 tCO₂e per millions USD. Compared to the peer group median of 7.15 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a
In 2023, La-Z-Boy ranked 20 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
This places La-Z-Boy among the least efficient performers, with one of the highest emissions intensities in its sector. a
In 2023, La-Z-Boy reported a total carbon footprint of 977,687 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 41.61% increase compared to 2021, suggesting a rise in emissions across its operations or value chain. a b
The largest contributor to La-Z-Boy's total carbon footprint was Scope 3 emissions, accounting for 92.29% of the company's total carbon footprint, followed by Scope 1 emissions at 4.03%. a