Luceco PLC

Common Name
Luceco
Country
United Kingdom
Sector
Industrials
Industry
Electrical Equipment & Parts
Employees
1,707
Ticker
LUCE
Exchange
LONDON STOCK EXCHANGE
Description
Luceco Plc is a prominent player in the electrical and lighting industry, known for designing, manufacturing, and distributing a wide range of innovative products. It specializes in LED lighting solut...

Luceco's Climate Target Data Preview

As of 2023, Luceco has disclosed 2 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 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 Luceco ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2031
Absolute-based Target
Scope 3 - Use of Sold Products (Cat. 11)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2031
* This target is limited in scope and does not represent the company's full operational or organizational boundaries

This table provides a simplified preview of selected climate targets 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 Luceco's Greenhouse Gas Emissions Pathways

As of 2023, Luceco 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.

Does Luceco have a target to reduce the emissions from its operations?

As of 2023, Luceco has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.

Luceco's most ambitious operational target is to reduce these emissions by 46.2% by 2031, compared to a baseline of 1,191.8 Metric Tonnes of CO2 equivalent (mtCO2e) in 2021.

As of 2023, Luceco is lagging behind on its operational emissions reduction target, having achieved 6.49% of the planned reduction.

Luceco's Operational (Scope 1+2) Emissions Pathway

20212023203103006009001.2 kCurrent (-3%)Target 2031 (-46%)

Does Luceco have a target to reduce the emissions from its value chain?

As of 2023, Luceco has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol.

Luceco's most ambitious value chain target is to reduce these emissions by 27.5% by 2031, compared to a baseline of 526,775 Metric Tonnes of CO2 equivalent (mtCO2e) in 2021.

As of 2023, Luceco is ahead of schedule on its value chain emissions reduction target, having achieved 83.64% of the planned reduction.

Luceco's Value Chain (Scope 3) Emissions Pathway

2021202320310150 k300 k450 k600 kBaselineCurrent (-23%)
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