Luotea Oyj
Luotea's Climate Target Data Preview
As of 2023, Luotea has disclosed 4 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 3 absolute reduction targets and 1 intensity-based target, 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 Luotea's climate strategy, ambition level, and alignment with global decarbonization goals.
| Target Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Absolute-based Target | Scope 3 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy/Paste is a PRO feature.  a | 2030 |
Absolute-based Target* | Scope 3 - Upstream Transportation and Distribution (Cat. 4) | Metric Tonnes of CO2 equivalent (mtCO2e) | 0000000 | 2030 |
Absolute-based Target* | Scope 1 - Total, Scope 2 - Total, Scope 3 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy/Paste is a PRO feature.  a | 2045 |
Intensity-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) per Kilometer (km) | 0000000 | 2030 |
Verified Sources Behind Luotea’s Climate Targets Data
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Insights into Luotea's Greenhouse Gas Emissions Pathways
As of 2023, Luotea 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.a
Does Luotea have a target to reduce the emissions from its operations?
As of 2023, Luotea has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.a
Luotea's most ambitious operational target is to reduce these emissions by 50% by 2030, compared to a baseline of 0.001 Metric Tonnes of CO2 equivalent (mtCO2e) per Kilometer (km) in 2018.a
As of 2023, Luotea is ahead of schedule on its operational emissions reduction target, having achieved 71.22% of the planned reduction.a
Luotea's Operational (Scope 1+2) Emissions Pathway
Does Luotea have a target to reduce the emissions from its value chain?
As of 2023, Luotea 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.a
Luotea's most ambitious value chain target is to reduce these emissions by 30% by 2030, compared to a baseline of 20,501 Metric Tonnes of CO2 equivalent (mtCO2e) in 2020.a
Instead of reducing value chain emissions, Luotea has increased them, with 2023 levels exceeding those of the 2020 baseline, placing the company well behind its reduction target.a