The LOTOS Group
The LOTOS Group, officially known as Grupa LOTOS S.A., is a prominent player in the oil and gas industry, headquartered in Gdańsk, Poland. Established in 1976, the company has evolved into a key operator in the refining and distribution of petroleum products, with significant operations across Central and Eastern Europe. LOTOS is renowned for its high-quality fuels, lubricants, and petrochemical products, distinguished by their innovative formulations and commitment to sustainability. The company has achieved notable milestones, including the expansion of its refining capacity and the development of advanced technologies in the energy sector. As a leader in the market, LOTOS continues to enhance its position through strategic investments and a focus on environmentally friendly practices, solidifying its reputation as a trusted name in the industry.
DitchCarbon Score
How does The LOTOS Group'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 Liquefied Petroleum Gas (LPG) 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
The LOTOS Group's score of 9 is lower than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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The LOTOS Group's reported carbon emissions
In 2021, The LOTOS Group reported significant carbon emissions, with Scope 1 emissions totalling approximately 2,052,426,000 kg CO2e and Scope 2 emissions at about 475,388,000 kg CO2e. This data reflects a slight decrease in Scope 1 emissions from 2020, which were approximately 2,090,948,000 kg CO2e, while Scope 2 emissions remained relatively stable, decreasing marginally from about 475,560,000 kg CO2e. The Group has consistently disclosed emissions data for Scopes 1 and 2 over the past few years, with 2019 figures showing Scope 1 emissions at approximately 2,027,970,000 kg CO2e and Scope 2 at about 554,167,000 kg CO2e. Notably, in 2018, the emissions were approximately 1,956,857,000 kg CO2e for Scope 1 and about 548,401,000 kg CO2e for Scope 2. The data indicates a general trend of emissions stability, with no significant reduction targets or achievements reported. The LOTOS Group has not disclosed any Scope 3 emissions data, which includes emissions from purchased goods and services, nor have they set specific reduction targets through initiatives such as the Science Based Targets initiative (SBTi). The absence of documented reduction initiatives suggests a need for further commitment to climate action. Overall, The LOTOS Group's emissions data highlights the importance of ongoing monitoring and potential future commitments to reduce their carbon footprint, particularly in the context of global climate goals.
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| 2017 | 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|---|
| Scope 1 | 1,824,105,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 543,032,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 404,261,000 | 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.
The LOTOS Group is not participating in any 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.
