Lotus Bakeries NV
Lotus Bakeries's GHG Emissions Data Preview
In 2024, 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 11 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 0000000 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy/Paste is a PRO feature.  a | 0000000 | Copy/Paste is a PRO feature. | 0000000 |
Location-Based | Copy/Paste is a PRO feature.  a | 0000000 | Copy/Paste is a PRO feature. | 0000000 |
Total Scope 3 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  a | 0000000 | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0000000 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature. | 0000000 |
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aVerified Sources Behind Lotus Bakeries’s Greenhouse Gas (GHG) Emissions Data
Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Lotus Bakeries’s data sources below and access millions more through our Disclosure Search.
Insights into Lotus Bakeries's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of Lotus Bakeries amounted to 38,977 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 2023, the total operational greenhouse gas (GHG) emissions of Lotus Bakeries decreased by 2.7%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
Lotus Bakeries's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Lotus Bakeries's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Lotus Bakeries were 26,033 metric tons of CO₂ equivalent (tCO₂e).a
Compared to the previous year (2023), Lotus Bakeries's Scope 1 emissions decreased by 6.44%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
What are Lotus Bakeries's Scope 2 emissions?
In 2024, Lotus Bakeries reported Scope 2 greenhouse gas (GHG) emissions of 11,869 tCO₂e using the market-based method and 12,944 tCO₂e using the location-based method.a
Has Lotus Bakeries reduced its Scope 2 emissions over time?
Compared to the previous year (2023), Lotus Bakeries's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Lotus Bakeries's emissions have plateaued with no significant change in its energy consumption footprint.a
What methodology does Lotus Bakeries use for Scope 2 reporting?
In 2024, Lotus Bakeries reported its Scope 2 emissions using the market-based method and using the location-based method.a
Lotus Bakeries's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Lotus Bakeries's Value Chain Emissions
In 2024, Lotus Bakeries reported 569,021 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 2024 disclosure of Lotus Bakeries includes a breakdown across 11 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
Lotus Bakeries's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Lotus Bakeries's Scope 3 emissions?
In 2024, Lotus Bakeries reported total Scope 3 emissions of 569,021 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 96.72% of these emissions originated from upstream activities such as purchased goods and capital goods, while 3.28% came from downstream activities like product use, distribution, and end-of-life treatment.a
Compared to the previous year (2023), Lotus Bakeries's Scope 3 emissions increased by 10.1%, suggesting that the company faced challenges in reducing emissions across its value chain.a
What categories of Scope 3 emissions does Lotus Bakeries disclose?
In 2024, Lotus Bakeries reported emissions for 11 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.
What are the main sources of Lotus Bakeries's Scope 3 emissions?
In 2024, the largest contributors to Lotus Bakeries's Scope 3 emissions were:a
- Purchased Goods and Services (Cat. 1): 429,148 tCO₂e (75.42%)
- Upstream Transportation and Distribution (Cat. 4): 56,875 tCO₂e (10%)
- Capital Goods (Cat. 2): 37,897 tCO₂e (6.66%)
Lotus Bakeries's Scope 3 Emissions by Categories
Insights into Lotus Bakeries’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Lotus Bakeries reported Scope 1 greenhouse gas (GHG) emissions of 26,033 tCO₂e and total revenues of USD 1,282 millions. This translates into an emissions intensity of 20.31 tCO₂e per millions USD.a
Lotus Bakeries's Scope 1 Emissions Intensity Compared to Peers
How does Lotus Bakeries's GHG emissions intensity compare to its peers?
In 2024, Lotus Bakeries reported a Scope 1 emissions intensity of 20.31 tCO₂e per millions USD. Compared to the peer group median of 31.23, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
Where does Lotus Bakeries rank on GHG emissions intensity within its industry?
In 2024, Lotus Bakeries ranked 10 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Lotus Bakeries is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
Insights into Lotus Bakeries's Total Carbon Footprint
In 2024, Lotus Bakeries reported a total carbon footprint of 607,998 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 9.18% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to Lotus Bakeries's total carbon footprint was Scope 3 emissions, accounting for 93.59% of the company's total carbon footprint, followed by Scope 1 emissions at 4.28%.a