Lululemon Athletica
More information available in H2-2024

Current Score (vs. LY)

18.0 pts (-)

Last Update: Nov. 21, 2023

Current Rankings

Global: #211

S&P500: #128

Consumer Discretionary: #29

26.7%

Transparency

Quality of climate reporting based on public disclosures, completeness and verification of GHG emissions

25.0%

Commitments

Level of ambition through gross absolute emissions reduction and 'net zero' targets

0.0%

Results

Results and actions to deliver on commitments for real

Greenhouse Gas Emissions

Last 3 Years Emissions Data Summary

Y2021Y2020Y2019
Scope 1 3,0922,8753,164
Scope 2 - location-based 19,60717,49916,425
Scope 2 - market-based 11010,05216,688
Scope 1-2 - location-based 22,69920,37419,589
Scope 1-2 - market-based 3,202 12,927 19,852
Scope 3 1,343,649944,151800,504
Total - location-based 1,366,348964,525820,093
Total - market-based 1,341,957 953,664 816,783

Note: Data sources detailed here

Y2022 Y2021
Total CO2e estimate (by Net0Tracker) 3,928,0078,833,559
Methodology Pre-calculated sector intensity (revenue)Pre-calculated sector intensity (revenue)

Carbon emissions are estimated according to comparable years, intensity and sector benchmarks

Performance vs. Target

Note: Targets without baseline are ignored. In case several targets exist, only the shorter-term target is displayed.


Value Chain (scope 3) Emissions by Category

Emissions Trajectory (Full Scopes)


Emissions Trajectory not available



Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email

Sector Benchmark

Note: Latest GHG and revenue data (based on tradingview.com) are used to calculate GHG emissions intensity by sector. The color scale of each bubble depends on the GHG intensity (GHG emissions per 1 million USD revenue). Sectors follow the Global Industry Classification Standard (GICS) that organize companies based on their primary business activities. The 11 sectors are : Information Technology, Health Care, Financials, Consumer Discretionary, Communication Services, Industrials, Consumer Staples, Energy, Utilities, Real Estate, and Materials.

Lululemon Athletica belongs to the sector Consumer Discretionary.

Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email

Reduction and Net Zero Targets

>Note: intensity targets are not represented in the current version - see Methodology

Gross Absolute Emission Reductions

There is no absolute emission reduction recorded in our database. Email us to report missing information Email


Net Absolute Emission Reductions

There is no absolute emission reduction recorded in our database. Email us to report missing information Email


Net Zero Future Commitments

There is no net zero target recorded in our database. Email us to report missing information Email


Science-based Targets (SBTI)

Date Published / Updated :01/03/2024

Near-term Long-Term Net Zero Standard
Targets Set : 1.5°C by 2030 Targets Set : 1.5°C by 2050 Yes by 2050

Overall Net-Zero Target:
lululemon commits to reach net-zero greenhouse gas emissions across the value chain by 2050.
Near-Term Targets:
lululemon commits to reduce absolute scope 1 and 2 GHG emissions 60% by 2030 from a 2018 base year. lululemon also commits to reduce scope 3 GHG emissions from purchased goods and services and upstream transportation and distribution 60% per USD of value added within the same timeframe.*
Long-Term Targets:
lululemon commits to reduce absolute scope 1, 2, and 3 GHG emissions 90% by 2050 from a 2018 base year.*
*The target boundary includes land-related emissions and removals from bioenergy feedstocks.

Data source: SBTI

Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email

Offsets

Last update for Lululemon Athletica by zerotracker.net: Oct. 24, 2023
Planning to use external offset credits No
Separate targets for emission reductions and removals No
Conditions on use of offset credits None
Plans for carbon dioxide removal (CDR) Not Specified

Additional notes: Although they do not mention offsetting, they also note that their ambition to achieve an absolute emission reduction of 90 percent by 2050 (p. 49 of the Lululemon 2022 Impact Report) The Science Based Target Initiative’s (SBTi) Net-Zero standard requires companies to cut emissions by >90% and use permanent carbon removal and storage to counterbalance the final <10% of residual emissions that cannot be eliminated. Lululemon is submitting its application for SBTi’s Net-Zero Standard certification in 2023. (note 55, p. 47 of its 2022 Impact Report)

Data source from zerotracker.net - For more information, see methodology

Score Summary

Ref Principle Score
(points) 		Max
(points) 		Delta
(points)
1 At least 2 years of GHG emissions for scope 1 and 2 are publicly-available and externally-verified 0.0 10.0 -
2 Scope 3 emissions are fully reported and externally-verified 0.0 10.0 -
3 CDP score demonstrates the level of transparent disclosures 8.0 10.0 -
Transparency 8.0 30.0 -
4 Net Zero Commitments by 2050 include an intermediate target and cover all the emissions 0.0 10.0 -
5 Net Zero targets demonstrate a high-level of emergency 0.0 10.0 -
6 Emission reduction targets on a forward-looking basis are ambitious 0.0 10.0 -
7 Targets are science-based as validated by SBTi 10.0 10.0 -
Commitments 10.0 40.0 -
8 Results re. operational emissions reduction: on-pace (performance-to-date) and momentum (forward-looking targets) 0.0 10.0 -
9 Results re. value chain emissions reduction: on-pace (performance-to-date) and momentum (forward-looking targets) 0.0 10.0 -
10 Implied Temperature Rating by MSCi 0.0 10.0 -
Results 0.0 30.0 -
Total 18.0 100.0 -


Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email


Score Details

Criteria Results 2023 Score 2022 Score Vs. 2022 2021 Score
Criteria 1 : Transparency on operational emissions (Scope 1 + 2)
Are S1+S2 figures publicly-disclosed for the last reporting year and the preceding period? NC 0.0 / 5.0 -
Are S1+S2 figures verified by a 3rd-party for the last reporting year? NC 0.0/ 5.0 -
Criteria 2 : Transparency on value chain emissions (Scope 3)
Are the 15 categories fully or partly disclosed? NC 0.0 / 5.0 -
Are S3 figures fully or partly verified by a 3rd-party for the last reporting year? NC 0.0 / 5.0 -
Criteria 3 : Quality and Frequency of reporting
What is the latest CDP score (no later than the preceding year)? B 8.0 / 10.0 -
How many interim reporting were provided between 2 reporting periods (GHG emissions only)?
Criteria 4 : Net Zero Commitments
Does the net 0 target include a statement of a generally-accepted net zero emission target by 2050? NC 0.0 / 3.0 -
Does the net zero target include an intermediate target by 2030? NC 0.0 / 3.0 -
Does the net zero target include all the emissions? NC 0.0 / 4.0 -
Criteria 5 : Target year for Net Zero Commitments
Target year for achieving net zero emissions for S1+S2? NC 0.0 / 5.0 -
Target year for achieving net zero emissions for S1+S2+S3 combined? NC 0.0 / 5.0 -
Criteria 6 : Reduction objectives
What is the forward-looking GHG% reduction (without compensation) for scope 1+2?
0.0 / 5.0 -
What is the forward-looking GHG% reduction (without compensation) for scope 1+2+3?
No target found
 0.0 / 5.0 -
Criteria 7 : Science-Based Targets
What type of science-based target (as validated by SBTi) did the company commit to? Targets Set 1.5°C 10.0 / 10.0 -
Criteria 8 : Results based on scope 1 - 2
Performance to date: cumulative% reduction vs. target Objective (in %):
Actual (in %):
No target found
 0.0 / 5.0 -
Momentum: last year % reduction vs. forward-looking target Objective (in %):
Actual (in %):
No target found
 0.0 / 5.0 -
Criteria 9 : Results based on scope 1 - 2 - 3
Performance to date: cumulative% reduction vs. target Objective (in %):
Actual (in %):
No target found
 0.0 / 5.0 -
Momentum: last year % reduction vs. forward-looking target Objective (in %):
Actual (in %):
No target found
 0.0 / 5.0 -
Criteria 10 : Implied Temperature Rise (ITR)
Is the company aligned with global climate targets? ITR: None°C 0.0 / 10.0 -
Total 18.0 / 100.0 -


Available Data Sources

Reporting Year 2022 2021 2020 2019
Source Wikirate (NV) NZPDU NZPDU NZPDU
Publication Year unknown 2022 2021 2020
Scope 1 3,910 3,092 2,875 3,164
Scope 2 - location-based 24,950 19,607 17,499 16,425
Scope 2 - market-based NA 110 10,052 16,688
Scope 1-2 - location-based 28,860 22,699 20,374 19,589
Scope 1-2 - market-based NA 3,202 12,927 19,852
Scope 3 9,567 1,343,649 944,151 800,504
Total - location-based 38,427 1,366,348 964,525 820,093
Total - market-based NA 1,341,957 953,664 816,783

Sources

Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email

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