Lumentum Holdings Inc

Common Name
Lumentum Holdings
Country
United States
Sector
Technology
Industry
Communication Equipment
Employees
7,257
Ticker
LITE
Exchange
NASDAQ/NGS
Description
Lumentum Holdings Inc. is a leading designer and manufacturer of optical and photonic products serving diverse sectors such as telecommunications, data communications, and industrial applications. The...

Lumentum Holdings's GHG Emissions Data Preview

In 2024, Lumentum Holdings 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).

Lumentum Holdings has also provided a category-level breakdown for 5 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Lumentum Holdings’s Greenhouse Gas (GHG) Emissions Data

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a. Lumentum Holdings's Sustainability Report 2024
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Insights into Lumentum Holdings's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Lumentum Holdings amounted to 76,993 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 Lumentum Holdings decreased by 0.44%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Lumentum Holdings's Scope 1 Emissions Over Time

20222023202402.5 k5 k7.5 k10 ktCO2e+55%-11%
  • Total Scope 1
  • Year-over-Year Change

What are Lumentum Holdings's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Lumentum Holdings were 8,715 metric tons of CO₂ equivalent (tCO₂e). a

Has Lumentum Holdings reduced its Scope 1 emissions over time?

Since 2022, Lumentum Holdings's Scope 1 emissions have increased by 37.72%, reflecting a rising long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2023), Lumentum Holdings's Scope 1 emissions decreased by 11.19%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Lumentum Holdings's Scope 2 emissions?

In 2024, Lumentum Holdings reported Scope 2 greenhouse gas (GHG) emissions of 16,529 tCO₂e using the market-based method and 68,278 tCO₂e using the location-based method. a

Has Lumentum Holdings reduced its Scope 2 emissions over time?

Since 2022, Lumentum Holdings's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have increased by 41.1%, reflecting a rising long-term trend in Scope 2 emissions over time. a

Compared to the previous year (2023), Lumentum Holdings's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Lumentum Holdings 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does Lumentum Holdings use for Scope 2 reporting?

In 2024, Lumentum Holdings reported its Scope 2 emissions using the market-based method and using the location-based method. a

Lumentum Holdings's Scope 2 Emissions Over Time

202220232024020 k40 k60 k80 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Lumentum Holdings's Value Chain Emissions

In 2024, Lumentum Holdings reported 661,457 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 Lumentum Holdings includes a breakdown across 5 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

Lumentum Holdings's Scope 3 Emissions Over Time

2022202320240200 k400 k600 k800 ktCO2e+22%+2%
  • Total Scope 3
  • Year-over-Year Change

What are Lumentum Holdings's Scope 3 emissions?

In 2024, Lumentum Holdings reported total Scope 3 emissions of 661,457 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 28.53% of these emissions originated from upstream activities such as purchased goods and capital goods, while 71.47% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has Lumentum Holdings reduced its Scope 3 emissions over time?

Since 2022, Lumentum Holdings's Scope 3 emissions have increased by 25.21%, reflecting a rising long-term trend in Scope 3 emissions over time. a

Compared to the previous year (2023), Lumentum Holdings's Scope 3 emissions remained relatively stable, indicating that Lumentum Holdings 's emissions have plateaued with no significant change in its value chain footprint. a

What categories of Scope 3 emissions does Lumentum Holdings disclose?

In 2024, Lumentum Holdings reported emissions for 5 out of the 15 Scope 3 categories defined by the GHG Protocol. a

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of Lumentum Holdings's Scope 3 emissions?

In 2024, the largest contributors to Lumentum Holdings's Scope 3 emissions were: a

  • Use of Sold Products (Cat. 11): 471,126 tCO₂e (71.47%)
  • Purchased Goods and Services (Cat. 1): 136,428 tCO₂e (20.7%)
  • Capital Goods (Cat. 2): 44,928 tCO₂e (6.82%)

Lumentum Holdings's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(20.7%)Use of Sold Products(Cat. 11)(71.5%)Capital Goods(Cat. 2)(6.8%)

Insights into Lumentum Holdings’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Lumentum Holdings reported Scope 1 greenhouse gas (GHG) emissions of 8,715 tCO₂e and total revenues of USD 1,359 millions. This translates into an emissions intensity of 6.41 tCO₂e per millions USD. a

Lumentum Holdings's Scope 1 Emissions Intensity Compared to Peers

202002,00010,000100,000Scope 1 Emissions (tCO2e)2001,0005,00020,000200,000Revenues (Millions of USD)Hewlett Packard EnterpriseYear: 2024Scope 1: 39,227 tCO2eRevenue: $M 30,126Scope 1 Intensity: 1.30 tCO2e/$MBeldenYear: 2023Scope 1: 12,130 tCO2eRevenue: $M 2,512Scope 1 Intensity: 4.83 tCO2e/$MBlackbaudYear: 2023Scope 1: 52 tCO2eRevenue: $M 1,106Scope 1 Intensity: 0.05 tCO2e/$MCisco SystemsYear: 2024Scope 1: 33,683 tCO2eRevenue: $M 53,807Scope 1 Intensity: 0.63 tCO2e/$MSilicon LaboratoriesYear: 2023Scope 1: 39 tCO2eRevenue: $M 782Scope 1 Intensity: 0.05 tCO2e/$MCienaYear: 2023Scope 1: 2,110 tCO2eRevenue: $M 4,387Scope 1 Intensity: 0.48 tCO2e/$MMotorola SolutionsYear: 2024Scope 1: 14,181 tCO2eRevenue: $M 10,817Scope 1 Intensity: 1.31 tCO2e/$MADTRAN HoldingsYear: 2024Scope 1: 695 tCO2eRevenue: $M 923Scope 1 Intensity: 0.75 tCO2e/$MViavi SolutionsYear: 2023Scope 1: 988 tCO2eRevenue: $M 1,106Scope 1 Intensity: 0.89 tCO2e/$MSemtechYear: 2023Scope 1: 1,725 tCO2eRevenue: $M 869Scope 1 Intensity: 1.99 tCO2e/$MZebra TechnologiesYear: 2023Scope 1: 2,614 tCO2eRevenue: $M 4,584Scope 1 Intensity: 0.57 tCO2e/$MnCinoYear: 2024Scope 1: 2,749 tCO2eRevenue: $M 541Scope 1 Intensity: 5.08 tCO2e/$MAkamai TechnologiesYear: 2024Scope 1: 45 tCO2eRevenue: $M 3,982Scope 1 Intensity: 0.01 tCO2e/$MMongoDBYear: 2024Scope 1: 326 tCO2eRevenue: $M 2,006Scope 1 Intensity: 0.16 tCO2e/$MViasatYear: 2023Scope 1: 2,751 tCO2eRevenue: $M 2,556Scope 1 Intensity: 1.08 tCO2e/$MCommScope HoldingYear: 2023Scope 1: 42,381 tCO2eRevenue: $M 5,789Scope 1 Intensity: 7.32 tCO2e/$MJack Henry & AssociatesYear: 2023Scope 1: 7,715 tCO2eRevenue: $M 2,078Scope 1 Intensity: 3.71 tCO2e/$MTwilioYear: 2023Scope 1: 866 tCO2eRevenue: $M 4,154Scope 1 Intensity: 0.21 tCO2e/$MAmdocsYear: 2023Scope 1: 1,141 tCO2eRevenue: $M 4,887Scope 1 Intensity: 0.23 tCO2e/$MLumentum HoldingsYear: 2024Scope 1: 8,715 tCO2eRevenue: $M 1,359Scope 1 Intensity: 6.41 tCO2e/$M

How does Lumentum Holdings's GHG emissions intensity compare to its peers?

In 2024, Lumentum Holdings reported a Scope 1 emissions intensity of 6.41 tCO₂e per millions USD. Compared to the peer group median of 0.75, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does Lumentum Holdings rank on GHG emissions intensity within its industry?

In 2024, Lumentum Holdings ranked 19 out of 19 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

This places Lumentum Holdings among the least efficient performers, with one of the highest emissions intensities in its sector. a

Insights into Lumentum Holdings's Total Carbon Footprint

In 2024, Lumentum Holdings reported a total carbon footprint of 738,450 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 2.07% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to Lumentum Holdings's total carbon footprint was Scope 3 emissions, accounting for 89.57% of the company's total carbon footprint, followed by Scope 2 emissions at 9.25%. a

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