On April 22, 2025, Lumentum Holdings Inc. ("Lumentum"), a prominent player in optical and photonic solutions, proudly announced its receipt of the EcoVadis Platinum Medal for the third consecutive year. This accolade represents the pinnacle of recognition for sustainability performance, as Lumentum continues to solidify its position among the top one percent of companies evaluated by EcoVadis. The company’s overall score improved to an impressive 83, up from 80, reflecting significant advancements in key sustainability metrics.

Commitment to Sustainability

Misha Rozenberg, Lumentum's executive vice president and chief operations and quality officer, articulated the significance of this achievement, stating, “Earning the EcoVadis Platinum Medal for a third year in a row maintains our elite standing and reflects our culture of continuous improvement and accountability in our approach to sustainability.” Rozenberg highlighted the company’s unwavering focus on sustainability over the past year, emphasizing their successful initiatives aimed at reducing emissions and enhancing the use of renewable energy across global operations.

2. Noteworthy Environmental Accomplishments

Lumentum's dedication to sustainability is demonstrated through a series of impactful environmental accomplishments:

Reduction in GHG Emissions: The company achieved a remarkable 38% reduction in Scope 1 and 2 greenhouse gas (GHG) emissions in fiscal year 2024 compared to the previous fiscal year, despite the challenges presented by a recent acquisition.

Increased Renewable Electricity Procurement: Lumentum significantly boosted its procurement of renewable electricity to 79% in fiscal year 2024, a notable increase from 61% in fiscal year 2023.

Solar Power Initiatives: The company commenced solar power generation at two major sites in fiscal year 2024, located in Navanakorn, Thailand, and San Jose, California, USA.

Science-Based Targets Initiative Approval: Lumentum received approval for its near-term (2030) and long-term (2050) greenhouse gas emissions reduction targets from the Science-Based Targets initiative (SBTi) in fiscal year 2025.

EcoVadis: A Global Sustainability Benchmark

EcoVadis stands as a leader in business sustainability ratings, assessing over 100,000 companies worldwide. The EcoVadis evaluation encompasses 21 sustainability criteria across four core categories: Environment, Labor and Human Rights, Ethics, and Sustainable Procurement. The ratings are grounded in global sustainability standards, including the UN Global Compact principles and the International Labour Organization (ILO) conventions.

To celebrate Lumentum's achievement, EcoVadis will plant a tree on behalf of the company through its partnership with One Tree Planted, a nonprofit organization dedicated to global reforestation efforts.

3. Looking Ahead

Lumentum's recent accolades and initiatives reflect a robust commitment to environmental stewardship, social responsibility, and ethical governance. The company’s 2024 Corporate Sustainability Report further elucidates its ongoing sustainability endeavors and goals.

As the demand for eco-friendly practices continues to grow, Lumentum is positioning itself at the forefront of an evolving industry landscape, demonstrating that sustainability and profitability can go hand in hand. With its innovative solutions and dedication to sustainability, Lumentum is not just aiming for market leadership but also striving to be a responsible corporate citizen in the global community.

Original press release