Lovisa Holdings Limited has released its first sustainability report, detailing its greenhouse gas (GHG) emissions for the financial year ending 28 June 2026 (FY26) and conducting scenario analysis to assess strategic resilience under different climate futures. The report outlines the Group’s first full year of GHG emission measurement in accordance with the Greenhouse Gas Protocol, covering Scope 1 and Scope 2 emissions across its global footprint.
Material Actions and Disclosures
The Group reported total Scope 1 and 2 emissions of 6,753 t CO2-e for FY26, with Scope 1 emissions amounting to 224 t CO2-e from refrigeration fugitive emissions and Scope 2 emissions totalling 6,529 t CO2-e from purchased electricity across leased sites. Emissions factors were sourced from recognised government publications in each operating jurisdiction.
Climate-related risks and opportunities were assessed using the Network for Greening the Financial System (NGFS) scenarios, considering macroeconomic indicators such as inflation and GDP impacts. The analysis indicated that Lovisa’s strategic resilience is strongest under a low warming scenario and weakest under a high warming scenario, with no material variance in potential financial impacts across scenarios.
Forward Commitments
While Lovisa has not yet set any climate-related targets or established a formal climate transition plan, the Group aims to strengthen data coverage and governance processes to support future target setting. No climate-related opportunities have been identified that are expected to affect the Group’s prospects.
The Group’s governance architecture includes oversight of climate-related risks and disclosures by the Board and the Audit, Business Risk and Compliance Committee (ARCC). The Board and ARCC Charters were updated to explicitly include climate-related reporting and oversight of climate-related risks.
Management is responsible for day-to-day assessment and management of climate-related risks and opportunities, with the Chief Executive Officer and executive team reporting to the CEO and the CEO to the ARCC and Board.
The Lovisa Holdings Limited Sustainability Report 2026 was reviewed by KPMG, who confirmed that the specified Sustainability Disclosures comply with Division 1 of Part 2M.3 of the Corporations Act 2001.