Lumentum
Lumentum Holdings Inc., commonly referred to as Lumentum, is a leading provider of innovative optical and photonic products headquartered in the United States. Founded in 2015, the company emerged from the spin-off of JDS Uniphase Corporation, quickly establishing itself in the telecommunications and industrial sectors. Lumentum's core offerings include advanced lasers, optical components, and 3D sensing technologies, which are distinguished by their high performance and reliability. The company serves a diverse range of markets, including telecommunications, data communications, and consumer electronics, positioning itself as a key player in the global photonics industry. With a commitment to research and development, Lumentum has achieved significant milestones, including numerous patents and industry awards, solidifying its reputation as an innovator in optical technology.
DitchCarbon Score
How does Lumentum's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Communication Equipment Manufacturing industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Lumentum's score of 57 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Lumentum's reported carbon emissions
In 2023, Lumentum reported significant greenhouse gas emissions, with Scope 1 emissions totalling approximately 4,460,000 kg CO2e and Scope 2 emissions amounting to about 12,011,800 kg CO2e (market-based). The company has set ambitious climate commitments, aiming for net-zero greenhouse gas emissions from its global operations by 2030 for both Scope 1 and Scope 2 emissions. Additionally, Lumentum targets a 25% reduction in greenhouse gas intensity by the end of fiscal year 2024, using fiscal year 2021 as a baseline. Lumentum's long-term strategy includes a commitment to reduce absolute Scope 1 and 2 emissions by 90% by fiscal year 2030 from a fiscal year 2022 baseline. The company also aims to cut Scope 3 emissions by 90% by fiscal year 2050, with specific targets to reduce emissions from fuel- and energy-related activities and the use of sold products by 52% per data capacity delivered by fiscal year 2030. Furthermore, Lumentum is focused on engaging its supply chain, with a goal that 30% of its suppliers by emissions will have science-based targets by 2028, and 25% of its customers will also adopt such targets by the same year. These initiatives reflect Lumentum's commitment to sustainability and its proactive approach to addressing climate change within the technology hardware sector.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 8,540,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | - |
| Scope 2 | 38,446,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | - |
| Scope 3 | - | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Lumentum is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
