Luceco joins carbon disclosure scheme
THE LUCECO Group has joined the Carbon Disclosure Project, a not-for-profit charity that checks the climate claims of its member companies.
The firm – whose brands include DW Windsor, Kingfisher Lighting, Luceco Lighting and BG Electrical – says the move will ensure stakeholders have maximum transparency and an independent assessment of its climate credentials.
It says it also plans to plans to join the influential Science-Based Targets Initiative (SBTi) this year.
The Luceco Group achieved carbon neutrality in 2021. It has eliminated or offset all its operational greenhouse gas emissions, known as Scope 1 and Scope 2 emissions as defined by the UK Government’s Streamlined Energy and Carbon Reporting framework.
Some 75 per cent of these emissions previously related to electricity use, which has now been moved to renewable sources.
The remaining 25 per cent is related largely to hydrocarbon use, emissions from which are now being offset with carbon credits in compliance with the Verified Carbon Standard.
Thanks to the increasing take-up of LED lighting and its acquisition of Sync EV, a supplier of electric vehicle charging points, Luceco says it will grow its annual sales of low carbon products from £56m in 2021 to at least £100m in 2025.
Additionally, the company points out that DW Windsor has adopted Cibse’s TM66, a standard for measuring the circular economy credentials of a light fitting.
‘Operating sustainably is a key part of the Group’s culture,’ Luceco CEO John Hornby told the Circular Lighting Report. ‘This is reflected within our purpose, mission and strategy.
‘In recognising that more can be done to reduce our carbon emissions, we have outlined ambitious targets for 2022 and beyond.
‘There’s no doubt that everyone has a role to play in reducing emissions, and we will strive to achieve our long-term goals and key decarbonisation milestones to mitigate the effects of climate change and protect generations for years to come.’