Lowe's Companies Inc
Lowe's Companies's Climate Target Data Preview
As of 2024, Lowe's Companies has disclosed 3 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 3 absolute reduction targets, signaling the company's commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Lowe's Companies's climate strategy, ambition level, and alignment with global decarbonization goals.
| Target Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy/Paste is a PRO feature.  a, b | 2030 |
Absolute-based Target* | Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Capital Goods (Cat. 2), Scope 3 - Fuel- and Energy-Related Services (Cat. 3), Scope 3 - Upstream Transportation and Distribution (Cat. 4), Scope 3 - Waste Generated in Operations (Cat. 5), Scope 3 - Business Travel (Cat. 6), Scope 3 - Employee Commuting (Cat. 7), Scope 3 - Use of Sold Products (Cat. 11), Scope 3 - End-of-Life Treatment of Sold Products (Cat. 12) | Metric Tonnes of CO2 equivalent (mtCO2e) | 0000000 | 2030 |
Absolute-based Target* | Scope 1 - Total, Scope 2 - Total, Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Capital Goods (Cat. 2), Scope 3 - Fuel- and Energy-Related Services (Cat. 3), Scope 3 - Upstream Transportation and Distribution (Cat. 4), Scope 3 - Waste Generated in Operations (Cat. 5), Scope 3 - Business Travel (Cat. 6), Scope 3 - Employee Commuting (Cat. 7), Scope 3 - Use of Sold Products (Cat. 11), Scope 3 - End-of-Life Treatment of Sold Products (Cat. 12) | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy/Paste is a PRO feature.  b | 2030 |
Verified Sources Behind Lowe's Companies’s Climate Targets Data
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Insights into Lowe's Companies's Greenhouse Gas Emissions Pathways
As of 2024, Lowe's Companies has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.ab
Does Lowe's Companies have a target to reduce the emissions from its operations?
As of 2024, Lowe's Companies has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.ab
Lowe's Companies's most ambitious operational target is to reduce these emissions by 42% by 2030, compared to a baseline of 1,445,998 Metric Tonnes of CO2 equivalent (mtCO2e) in 2021.ab
As of 2024, Lowe's Companies is ahead of schedule on its operational emissions reduction target, having achieved 45.24% of the planned reduction.ab
Lowe's Companies's Operational (Scope 1+2) Emissions Pathway
Does Lowe's Companies have a target to reduce the emissions from its value chain?
As of 2024, Lowe's Companies has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 9 out of the 15 Scope 3 categories defined by the GHG Protocol.ab
Lowe's Companies's most ambitious value chain target is to reduce these emissions by 25% by 2030, compared to a baseline of 143,282,196 Metric Tonnes of CO2 equivalent (mtCO2e) in 2021.ab
As of 2024, Lowe's Companies is ahead of schedule on its value chain emissions reduction target, having achieved 80% of the planned reduction.ab
Lowe's Companies's Value Chain (Scope 3) Emissions Pathway
Does Lowe's Companies have a target to reduce its total carbon footprint?
As of 2024, Lowe's Companies has set a target to reduce its total carbon footprint, specifically those from Scope 1, Scope 2 and Scope 3 sources.b
Lowe's Companies's most ambitious carbon footprint target is to reduce its scope 1, 2 and 3 emissions from a baseline of 144,728,194 Metric Tonnes of CO2 equivalent (mtCO2e) in 2021, by 90% by 2030.b
As of 2023, Lowe's Companies is lagging behind on its total carbon footprint reduction target, having achieved 18.07% of the planned reduction.b