LS – Luís Simões, SGPS, S.A.

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023, 2022, 2021

In its 2023 reporting, LS – Luís Simões, SGPS, S.A. disclosed greenhouse gas emissions of 25.4K tCO2e/year (Scopes 1 & 2). By scope: Scope 1: 22.8K tCO2e/year; Scope 2: 2.5K tCO2e/year; Scope 3: 144.8K tCO2e/year (2021); 135230 tCO2e/year (2022). 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
25.4K tCO2e/year (Scopes 1 & 2)
2023
💧
Water Usage
26.33 ML/year
2023
♻️
Waste
2.4K tons/year
2023

📊 Emissions by Scope (2023)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).22.8K tCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.2.5K tCO2e/year
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).144.8K tCO2e/year (2021); 135230 tCO2e/year (2022)

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
202325.4K tCO2e/year (Scopes 1 & 2)
202228.7K tCO2e/year (scopes 1 and 2)
202128.9K Tons CO2e/year (scopes 1 and 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

📅 Medium-term

  • Reduce Scope 1 and 2 GHG emissions by 50.4% by 2032 (from 2021 baseline).
  • Reduce Scope 3 (upstream transport and distribution) GHG emissions by 9% by 2032 (from 2021 baseline).

🌱 ESG Focus Areas

Climate ChangeSafetyQuality of ServiceEmployee Training and EngagementSupplier ManagementCommunity EngagementComplianceInnovationFinancial Robustness

⚠️ Challenges & Risks +

  • Cybersecurity attacks.
  • Supply chain disruptions due to climate events.
  • High costs of low-emission solutions.
  • Client demands for more sustainable transport solutions.
  • Absenteeism (increased in Spain).

📋 Report Information

Reporting Period: 2023
Frameworks: GRI Standards
Assurance: European Quality Assurance Spain, S.L. (EQA España) - Limited assurance