Lithia Motors Inc

Common Name
Lithia Motors
Country
United States
Sector
Consumer Cyclical
Industry
Auto & Truck Dealerships
Employees
30,000
Ticker
LAD
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Lithia Motors Inc. is a prominent player in the automotive retail industry, operating as one of the largest advisors and providers of vehicles and related services across the United States. Specializi...

Lithia Motors's GHG Emissions Data Preview

In 2023, Lithia Motors 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).

However, Lithia Motors has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
0000000
Copy restricted. Please purchase to unlock this data.
Copy restricted. Please purchase to unlock this data.
0000000
Total Scope 2
Market-Based
0000000
Copy restricted. Please purchase to unlock this data.
Copy restricted. Please purchase to unlock this data.
0000000
Location-Based
0000000
Copy restricted. Please purchase to unlock this data.
Copy restricted. Please purchase to unlock this data.
0000000
Total Scope 3
0000000
Copy restricted. Please purchase to unlock this data.
Copy restricted. Please purchase to unlock this data.
0000000

This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Lithia Motors's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Lithia Motors amounted to 116,244 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).

Compared to 2021, the total operational greenhouse gas (GHG) emissions of Lithia Motors increased by 51.14%, suggesting that the company faced challenges in reducing its emissions from its core operations.

Lithia Motors's Scope 1 Emissions Over Time

202020212023015 k30 k45 k60 ktCO2e+30%+60%
  • Total Scope 1
  • Year-over-Year Change

What are Lithia Motors's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Lithia Motors were 42,222 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Lithia Motors reduced its Scope 1 emissions over time?

Since 2020, Lithia Motors's Scope 1 emissions have increased by 108.4%, reflecting a rising long-term trend in Scope 1 emissions over time.

Compared to the previous year (2021), Lithia Motors's Scope 1 emissions increased by 60.11%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.

What are Lithia Motors's Scope 2 emissions?

In 2023, Lithia Motors reported Scope 2 greenhouse gas (GHG) emissions of 73,963 tCOâ‚‚e using the market-based method, and 74,022 tCOâ‚‚e using the location-based method.

Has Lithia Motors reduced its Scope 2 emissions over time?

Since 2020, Lithia Motors's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have increased by 103.89%, reflecting a rising long-term trend in Scope 2 emissions over time.

Compared to the previous year (2021), Lithia Motors's Scope 2 emissions (Location-Based) rose by 46.46% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy

What methodology does Lithia Motors use for Scope 2 reporting?

In 2023, Lithia Motors reported its Scope 2 emissions using the market-based method and using the location-based method.

Lithia Motors's Scope 2 Emissions Over Time

202020212023020 k40 k60 k80 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Lithia Motors's Value Chain Emissions

In 2023, Lithia Motors reported 58,705,391 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of Lithia Motors includes a breakdown across 0 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2021, demonstrating consistent Scope 3 emissions reporting coverage year over year.

Lithia Motors's Scope 3 Emissions Over Time

2023015 M30 M45 M60 MtCO2e
  • Total Scope 3
  • Year-over-Year Change

What are Lithia Motors's Scope 3 emissions?

In 2023, Lithia Motors reported total Scope 3 emissions of 58,705,391 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Insights into Lithia Motors's Total Carbon Footprint

In 2023, Lithia Motors reported a total carbon footprint of 58,821,635 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 76,381.13% increase compared to 2021, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Lithia Motors's total carbon footprint was Scope 3 emissions, accounting for 99.8% of the company's total carbon footprint, followed by Scope 2 emissions at 0.13%.