EssilorLuxottica

Health Care Supplies
EL.PA
€ 192 1.4
Share price
$ 94 bn
Market Cap
$ 104 bn
Enterprise Value

Carbon footprint

7.8 Ton
GHG emissions per $ 1 mln investment
0.23x the weighted average for S&P 500
FY2022
How is this calculated?
+5.3%
YOY change in GHG emissions
Stronger than the +0.5% weighted average for S&P 500
FY2022 vs. previous year

Primary Climate Goal

-33%
Proj. YOY change in GHG emissions (Scope 1 + 2)
Stronger than the -8.2% weighted average for S&P 500
FY2023
How is this calculated?

EssilorLuxottica aims to achieve carbon neutrality for Scope 1 + 2 by 2025


This target has not been verified as science based according to SBTi
EssilorLuxottica's actual and proj. GHG emissions (Scope 1 + 2) (Kt of CO2e)

GHG emissions and Carbon intensity

EssilorLuxottica's GHG emissions (location-based) (Kt of CO2e)
EssilorLuxottica's Carbon intensity (Tons per 1 USDm)

EssilorLuxottica's carbon footprint

EssilorLuxottica reported Total CO2e Emissions - Location-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2022 at 813 Kt (+41/+5.3% y-o-y). At the sime time, carbon intensity decreased to 32 t (-1.3 /-4% y-o-y).

EssilorLuxottica's Scope 3 emissions decreased to 195 Kt (-45 /-18.7% y-o-y). The rate of decline has slowed compared to the trend since 4Q'18 (CAGR -21.7%).

The company is committed to achieving carbon neutrality for Scope 1 + 2 by 2025, which translates into the estimated reduction of -271 Kt per annum over the period of FY2023 - FY2025. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

EssilorLuxottica aims to achive carbon neutrality across its operations (Scope 1 + 2) in 2025. Companies normally become carbon neutral with the help of the acquisition of carbon offsets rather than absolute reductions in their own greenhouse emissions. Also, carbon neutrality does not include non-CO2 GHG emissions.

Company environmental metrics

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