Energy Efficiency, GHG Emissions, Industrial, Industrial - October 16, 2023
Lumentum Decreases Emissions by 25%, Doubles RE Use
Lumentum Holdings Inc., a designer and manufacturer of optical and photonic products, made progress on its emissions reduction targets, including achieving a 25% decrease in Scope 1 and 2 GHG emissions compared to fiscal 2022 despite the integration of two acquisitions and subsequent expansion of its facility footprint.
The company also increased the percentage of renewable energy sourced for its global operations from 31% to 61% in fiscal 2023 and transitioned three additional sites to 100% renewable electricity, bringing the total to 11 sites.
Details were published in Lumentum's fiscal 2023 Corporate Sustainability Report, highlighting the company's environmental, social, and governance progress and achievements.
Lumentum’s Wavelength Selective Switch (WSS) TrueFlex® products achieved from 20% to 50% power reduction per switching capacity through design improvements and functional integration and its high-speed digital coherent optical data transmission modules used in internet backbone applications reached a 79% reduction in relative power (W/Gb) usage (Gen 3 800G vs 100G).
“There is so much to celebrate in this year’s fiscal 2023 Corporate Sustainability Report, which showcases the many ways our breakthrough advancements and innovative solutions are transforming how people connect, create, and interact. We also recognize that it takes constant effort, over time, to enact lasting change when it comes to sustainability initiatives. We remain committed to consistently monitoring our progress and improving our processes year over year to achieve our long-term goals, on our journey to create a brighter future for the world we live in,” said Lumentum President and CEO Alan Lowe in a statement.
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