Lotus Bakeries
Lotus Bakeries, headquartered in Belgium, is a renowned player in the global food industry, specialising in the production of high-quality baked goods. Founded in 1932, the company has established itself as a leader in the biscuit market, particularly known for its iconic Lotus Biscoff cookies. With a commitment to quality and tradition, Lotus Bakeries has expanded its operations across Europe, North America, and Asia, reaching a diverse consumer base. The company’s core offerings include its signature caramelised biscuits, which are distinguished by their unique flavour and crunchy texture. Lotus Bakeries has achieved notable market recognition, consistently ranking among the top brands in the biscuit sector. With a focus on innovation and sustainability, Lotus Bakeries continues to delight customers worldwide while maintaining its heritage and craftsmanship.
DitchCarbon Score
How does Lotus Bakeries'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 Food Product 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
Lotus Bakeries's score of 68 is higher than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Lotus Bakeries's reported carbon emissions
In 2024, Lotus Bakeries reported total carbon emissions of approximately 606,923,000 kg CO2e, with Scope 1 emissions at about 26,033,000 kg CO2e, Scope 2 emissions at approximately 11,869,000 kg CO2e, and significant Scope 3 emissions of around 569,021,000 kg CO2e. This represents a notable increase from 2023, when total emissions were about 557,275,000 kg CO2e, with Scope 1 at approximately 27,825,000 kg CO2e, Scope 2 at around 12,648,000 kg CO2e, and Scope 3 at about 516,802,000 kg CO2e. Lotus Bakeries has set ambitious climate commitments, aiming for net-zero greenhouse gas emissions across its value chain by 2050. The company has established near-term targets to reduce absolute Scope 1 and 2 emissions by 42% by 2030 from a 2023 baseline. Additionally, it plans to cut absolute Scope 3 emissions by 90% by 2050, with a 30.3% reduction target for 2030 from the same baseline. These targets are aligned with the Science Based Targets initiative (SBTi) and reflect a commitment to sustainable practices, including a pledge to achieve no deforestation in its supply chain by 2025. Lotus Bakeries' emissions data is cascaded from its parent company, Lotus Bakeries NV, which is based in Belgium. The company has been CO2-neutral in its production since 2015, demonstrating a long-term commitment to reducing its environmental impact.
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| 2016 | 2021 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | 27,825,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 12,648,000 | - | 00,000,000 | 00,000,000 |
| Scope 3 | 516,802,000 | - | 000,000,000 | 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.
Lotus Bakeries 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.
