Lowe's Companies Inc
Lowe's Companies's GHG Emissions Data Preview
In 2024, Lowe's Companies 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).
Lowe's Companies has also provided a category-level breakdown for 4 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 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 Lowe's Companies's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of Lowe's Companies amounted to 1,245,000 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 2023, the total operational greenhouse gas (GHG) emissions of Lowe's Companies decreased by 2.81%, showing that the company has made progress in taking action to reduce the climate impact of its operations.
Lowe's Companies's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Lowe's Companies's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Lowe's Companies were 388,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Has Lowe's Companies reduced its Scope 1 emissions over time?
Since 2018, Lowe's Companies's Scope 1 emissions have decreased by 17.97%, reflecting a declining long-term trend in Scope 1 emissions over time.
Compared to the previous year (2023), Lowe's Companies's Scope 1 emissions decreased by 6.05%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.
What are Lowe's Companies's Scope 2 emissions?
In 2024, Lowe's Companies reported Scope 2 greenhouse gas (GHG) emissions of 780,000 tCOâ‚‚e using the market-based method, and 857,000 tCOâ‚‚e using the location-based method.
Has Lowe's Companies reduced its Scope 2 emissions over time?
Since 2018, Lowe's Companies's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 55.6%, reflecting a declining long-term trend in Scope 2 emissions over time.
Compared to the previous year (2023), Lowe's Companies's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Lowe's Companies 's emissions have plateaued with no significant change in its energy consumption footprint.
What methodology does Lowe's Companies use for Scope 2 reporting?
In 2024, Lowe's Companies reported its Scope 2 emissions using the market-based method and using the location-based method.
Lowe's Companies's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Lowe's Companies's Value Chain Emissions
In 2024, Lowe's Companies reported 113,364,000 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 2024 disclosure of Lowe's Companies includes a breakdown across 4 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.
Lowe's Companies's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Lowe's Companies's Scope 3 emissions?
In 2024, Lowe's Companies reported total Scope 3 emissions of 113,364,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Approximately 10.14% of these emissions originated from upstream activities such as purchased goods and capital goods, while 89.86% came from downstream activities like product use, distribution, and end-of-life treatment.
Compared to the previous year (2023), Lowe's Companies's Scope 3 emissions remained relatively stable, indicating that Lowe's Companies 's emissions have plateaued with no significant change in its value chain footprint.
What categories of Scope 3 emissions does Lowe's Companies disclose?
In 2024, Lowe's Companies reported emissions for 4 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 Lowe's Companies's Scope 3 emissions?
In 2024, the largest contributors to Lowe's Companies's Scope 3 emissions were:
- Use of Sold Products (Cat. 11): 91,349,000 tCOâ‚‚e (81.61%)
- End-of-Life Treatment of Sold Products (Cat. 12): 9,232,000 tCOâ‚‚e (8.25%)
- Purchased Goods and Services (Cat. 1): 7,860,000 tCOâ‚‚e (7.02%)
Lowe's Companies's Scope 3 Emissions by Categories
Insights into Lowe's Companies's Total Carbon Footprint
In 2024, Lowe's Companies reported a total carbon footprint of 114,609,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 5.58% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.
The largest contributor to Lowe's Companies's total carbon footprint was Scope 3 emissions, accounting for 98.91% of the company's total carbon footprint, followed by Scope 2 emissions at 0.75%.