Luceco is dedicated to achieving net zero and tackling climate change through innovative products and collaboration with experts and consumers in the electrotechnical industry.
Luceco understands the ambition and vision of its customers with a sustainable focus at the forefront, and share this goal of a collective journey towards net zero. Luceco’s commitment to net zero goes beyond product development, to business operations and through to its culture and people.
Science Based Targets initiative (SBTi) On the 28th
Our Targets of October 2021, the SBTi launched the first
ever science-based Net-Zero Standard. This will combat the current inconsistencies that surround net-zero targets, and allow companies to decarbonize at the pace and scale required to align with the goals of the Paris Agreement and keep 1.5C in reach. It is a partnership between CDP, the United Nations Global Compact, World Resources Institute (WRI) and the World Wide Fund for Nature (WWF).
Luceco plc commits to reduce absolute scope 1 and 2 GHG emissions 46.2% by FY2031 from a FY2021 base year.* Luceco has also committed to reduce absolute scope 3 GHG emissions from use of sold products by 27.5%, within the same time frame.
*The target boundary includes land-related emissions and removals from bioenergy feedstocks.