LPP SA

Apparel, Accessories & Luxury Goods

LPP.WA

PLN 10,220 (1.7)%

Share price

$ 4.4 bn

Market Cap

$ 5.5 bn

Enterprise Value

Carbon footprint

GHG emissions per $ 1 mln investment

0.08x the weighted average for S&P 500

FY2021

Primary Climate Goal

Proj. YOY change in GHG emissions (Scope 1 + 2)

FY2022

LPP SA aims to reduce Scope 1 + 2 by 15% by 2025 from a base year 2019

This target is most likely outdated and the company appears to have already achieved it

This target has not been verified as science based according to SBTi

GHG emissions and Carbon intensity

LPP SA reported Total CO2e Emissions - Location-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 16 Kt (-108 /-86.8% y-o-y). Also positively, carbon intensity plunged to 4.5 t (-56 /-92.6% y-o-y).

LPP SA's Scope 3 emissions took off to 3,018 Kt (+1,847/+158% y-o-y). The parameter has been fairly volatile.

The company is committed to reducing Scope 1 + 2 by 15% by 2025 from a base year 2019, which it appears to have already achieved as of 2021. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Date	Total CO2e emissions (location-based Scope 1 & 2) (Kt)	Scope 1	Scope 2	Scope 3	Revenue (USDm)	Carbon intensity (tons of CO2e) / (USDm)
2021Q4	16	4.4	12	3,018	3,655	4.5
2020Q4	125	3.7	121	1,171	2,057	61
2019Q4	145	4.5	141	1,360	2,413	60
2018Q4	141	3.2	138	1,073	2,425	58