Lotus Bakeries NV

Common Name
Lotus Bakeries
Country
Belgium
Sector
Consumer Defensive
Industry
Packaged Foods
Employees
3,084
Ticker
LOTB
Exchange
EURONEXT
Description
Lotus Bakeries NV is a renowned player in the food and beverage industry, specializing in the production of baked goods with a strong emphasis on traditional recipes and high-quality ingredients. Esta...

Lotus Bakeries's GHG Emissions Data Preview

In 2023, Lotus Bakeries 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).

Lotus Bakeries has also provided a category-level breakdown for 1 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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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 Lotus Bakeries's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Lotus Bakeries amounted to 40,473 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).

Lotus Bakeries's Scope 1 Emissions Over Time

202307 k14 k21 k28 ktCO2e
  • Total Scope 1
  • Year-over-Year Change

What are Lotus Bakeries's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Lotus Bakeries were 27,825 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

What are Lotus Bakeries's Scope 2 emissions?

In 2023, Lotus Bakeries reported Scope 2 greenhouse gas (GHG) emissions of 12,648 tCOâ‚‚e using the market-based method.

What methodology does Lotus Bakeries use for Scope 2 reporting?

In 2023, Lotus Bakeries reported its Scope 2 emissions using the market-based method.

Lotus Bakeries's Scope 2 Emissions Over Time

202303.5 k7 k10.5 k14 ktCO2e
  • Total Scope 2 Market-Based

Insights into Lotus Bakeries's Value Chain Emissions

In 2023, Lotus Bakeries reported 516,802 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 Lotus Bakeries includes a breakdown across 1 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in , reflecting improved emissions accounting practices and greater transparency across the company's value chain

Lotus Bakeries's Scope 3 Emissions Over Time

20230150 k300 k450 k600 ktCO2e
  • Total Scope 3
  • Year-over-Year Change

What are Lotus Bakeries's Scope 3 emissions?

In 2023, Lotus Bakeries reported total Scope 3 emissions of 516,802 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment.

What categories of Scope 3 emissions does Lotus Bakeries disclose?

In 2023, Lotus Bakeries reported emissions for 1 out of the 15 Scope 3 categories defined by the GHG Protocol.

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

What are the main sources of Lotus Bakeries's Scope 3 emissions?

In 2023, the largest contributors to Lotus Bakeries's Scope 3 emissions were:

  • Purchased Goods and Services (Cat. 1): 373,374.25 tCOâ‚‚e (100%)

Lotus Bakeries's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(100.0%)

Insights into Lotus Bakeries's Total Carbon Footprint

In 2023, Lotus Bakeries reported a total carbon footprint of 557,275 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions.

The largest contributor to Lotus Bakeries's total carbon footprint was Scope 3 emissions, accounting for 92.74% of the company's total carbon footprint, followed by Scope 1 emissions at 4.99%.

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