As a sustainability focussed business, our aim is to reduce global emissions in the industrial LED-lighting sector through growth in LED-luminaire sales. We now have over 3 million industrial LED lighting fixtures installed in customer sites and we expect that these installations will deliver avoided emissions for our customers of c.2m tonnes over their lifecycle relative to non- LED lighting fixtures.
We have been analysing and reporting Scope 1, 2 and 3 emissions since 2020. In 2023 our CDP climate change rating was B. Using this data, we submitted our near term and long-term targets to the Science Based Targets initiative (SBTi) during 2023. The SBTi has validated that the science-based emissions reduction targets conform with the SBTi Criteria and Recommendations (Criteria version 5.1). SBTi has classified our targets as in line with a 1.5°C trajectory and Dialight is now a member of Business Ambition for 1.5°C.
The major tenet of our plan relates to reducing electricity use by:
· continually increasing the efficiency of our products to reduce electricity usage
· researching the use of materials in our products that require less upstream processing
· anticipating the availability of a decarbonised electrical grid as 90% of our total emissions come from customer usage of our products