Lowe's Companies Inc
Lowe's Companies Energy Data Preview
In 2023, Lowe's Companies disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.
Lowe's Companies disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.
Finally, Lowe's Companies also reported the types of energy sources as well as generation technologies, helping stakeholders evaluate Lowe's Companies's reliance on fossil fuels versus cleaner alternatives.
| Metric (GJ) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Energy Consumed | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Renewable Energy Consumed | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Non-renewable Energy Consumed | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Electricity Consumed | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
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Insights into Lowe's Companies's Energy Renewability
In 2023, Lowe's Companies consumed a total of 15.77 million Gigajoules of energy across its operations. Of this total, 7.34% was sourced from renewable energy, either derived from natural resources like biofuels, biomass, or biogas, or generated using renewable technologies such as solar or wind power. The remaining 92.66% was classified as non-renewable energy, coming from fossil-based fuels such as coal, natural gas, or crude oil, or from non-renewable generation technologies like nuclear power.
Lowe's Companies's Energy Renewability Rate
How much of Lowe's Companies's energy consumed is renewable?
In 2023, Lowe's Companies consumed a total of 15.77 million Gigajoules of energy, of which 7.34% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power.
This low level of renewable energy use highlights a heavy reliance on fossil fuels or other non-renewable sources, suggesting that Lowe's Companies has considerable room to improve its energy sustainability strategy.
Are Lowe's Companies's energy practices becoming more sustainable?
Since 2021, Lowe's Companies's total energy consumption decreased by 16.9%, including a further 17.04% drop in 2023, highlighting a continued decline in energy use.
Over the same period, the share of renewable energy in Lowe's Companies's consumption increased by 34.41%, including a 25.08% increase in 2023, showing consistent progress in clean energy adoption.
Overall, Lowe's Companies has reduced its total energy consumption while steadily increasing its use of renewables, reflecting a strong commitment to reducing its energy-related environmental footprint.
Lowe's Companies's Renewable vs Non-renewable Energy Over Time
- Renewable Energy Consumed
- Non-renewable Energy Consumed
Insights into Lowe's Companies's Energy Consumption & Production Mix
In 2023, Lowe's Companies disclosed detailed information on the sources and generation technologies of the energy it consumed. This disclosure enables a clearer assessment of the Lowe's Companies's overall energy mix, its sourcing strategy, and its reliance on fossil fuels versus cleaner alternatives such as renewables and low-carbon technologies.
Lowe's Companies's Energy Consumed by Sources and Technologies
What are the main sources and generation technologies behind Lowe's Companies's energy consumption?
In 2023, Lowe's Companies's total energy consumption was primarily sourced from
- Solar Energy and Electricity (Unspecified Source) (55.63%)
- Natural Gas (27.22%)
- Diesel (12.06%)
How diverse is Lowe's Companiesās energy consumption mix?
In 2023, Lowe's Companies consumed energy from 4 different sources or generation technologies, indicating a moderately diverse energy mix, with some concentration in a primary source.