As of 2025, Luotea has disclosed 7 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 7 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 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 1 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | -50%a | 2030 |
Absolute-based Target | Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | -50%a | 2030 |
Absolute-based Target | Scope 3 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | -18%a, b | 2030 |
Absolute-based Target* | Scope 3 - Upstream Transportation and Distribution (Cat. 4) | Metric Tonnes of CO2 equivalent (mtCO2e) | -30%a | 2030 |
Absolute-based Target | Scope 1 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | -90%a | 2045 |
Absolute-based Target | Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | -100%a | 2045 |
Absolute-based Target | Scope 3 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | -90%a | 2045 |
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As of 2025, 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.ab
As of 2025, 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 100% by 2045, compared to a baseline of 1,900 Metric Tonnes of CO2 equivalent (mtCO2e) in 2018.a
As of 2025, Luotea is ahead of schedule on its operational emissions reduction target, having achieved 71.58% of the planned reduction.a
As of 2025, 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.ab
Luotea's most ambitious value chain target is to reduce these emissions by 90% by 2045, compared to a baseline of 271,200 Metric Tonnes of CO2 equivalent (mtCO2e) in 2022.ab
As of 2025, Luotea is lagging behind on its value chain emissions reduction target, having achieved 8.64% of the planned reduction.ab