Lumax Auto Technologies Limited (LATL)

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023-04 to 2024-03🗂️ Report periods on file: 2023-04 to 2024-03, 2022-2023

In its 2023-04 to 2024-03 reporting, Lumax Auto Technologies Limited (LATL) disclosed greenhouse gas emissions of 17.8K tCO2e/year (Scope 1 & 2). By scope: Scope 1: 843.00 tCO2e/year; Scope 2: 17.0K tCO2e/year. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.

💨
GHG Emissions
17.8K tCO2e/year (Scope 1 & 2)
2023-04 to 2024-03
💧
Water Usage
169.3K kL/year
2023-04 to 2024-03
♻️
Waste
2.5K tons/year
2023-04 to 2024-03
⚙️
Energy Use
121.7M MJ/year
2023-04 to 2024-03

📊 Emissions by Scope (2023-04 to 2024-03)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).843.00 tCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.17.0K tCO2e/year

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
2023-04 to 2024-0317.8K tCO2e/year (Scope 1 & 2)

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Waste Management as per 3’R
  • Water Neutral
  • Zero Fatality
  • Employee survey, Employee redressal mechanism
  • To increase females by 25% in total workforce

📅 Medium-term

  • To source 100% of energy requirement through Renewable Sources (by FY2027-2028)

🌱 ESG Focus Areas

Waste ManagementWater ManagementEnergy ManagementGHG EmissionsOccupational Health and SafetyEmployee WellbeingCustomer SatisfactionDiversity, Equity, and Inclusion (DEI)Research & Development (R&D)Corporate Social Responsibility (CSR)Code of ConductRegulatory ComplianceRisk & Crisis ManagementData SecuritySustainable ProcurementStakeholder Management

⚠️ Challenges & Risks +

  • Initial investments and operational adjustments for waste management, water management, and energy management may temporarily impact profitability.
  • Overcoming technological barriers in energy management.
  • Addressing Scope 3 greenhouse gas (GHG) emissions throughout the value chain.
  • Poor occupational health and safety (OHS) practices leading to workplace accidents.
  • Ensuring all suppliers meet sustainability criteria.
  • Keeping up with evolving data security standards.

📋 Report Information

Reporting Period: 2023-04 to 2024-03