Lagos Free Zone Company

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023

In its 2023 reporting, Lagos Free Zone Company disclosed greenhouse gas emissions of 2.8K tonnes CO2e (Scope 1 & 2). By scope: Scope 1: 2.0K tCO2e; Scope 2: 811.87 tCO2e; Scope 3: 176.45 tCO2e. 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
2.8K tonnes CO2e (Scope 1 & 2)
2023
⚡
Renewable Energy
4.91%
of total energy
💧
Water Usage
27.8K kiloliters
2023
♻️
Waste
248.19 tons
2023
⚙️
Energy Use
2.4M kWh
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).2.0K tCO2e
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.811.87 tCO2e
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).176.45 tCO2e

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

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Align operations by measuring and tracking environmental, social, and natural resource impacts (next 2 years).

📅 Medium-term

  • Achieve carbon neutrality by 2035.

🌱 ESG Focus Areas

EnvironmentalSocialGovernance

⚠️ Challenges & Risks +

  • Heavy rainfall leading to flooding.
  • Improper disposal of domestic wastewater.
  • Improper disposal of hazardous and non-hazardous wastes.
  • Low energy efficiency.
  • Climate change impacts such as sea level rise, floods, extreme rainfall.
  • Supply chain disruptions.
  • Community issues.
  • Skill shortage.
  • Unavailability of reliable power and gas supply.
  • Congestion on roads.

📋 Report Information

Reporting Period: 2023
Frameworks: GRI Standards, IFRS Sustainability Standards, UN SDGs