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Loomis Secures SBTi Validation for Ambitious Emissions Cuts

Story Highlights
  • Loomis becomes first in its industry with SBTi-validated near-term climate targets.
  • The company plans deep Scope 1, 2 and key Scope 3 cuts by 2035, driving renewable transition.
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The latest announcement is out from Loomis AB ( (SE:LOOMIS) ).

Loomis AB has become the first company in its cash-handling and security logistics industry to secure validation from the Science Based Targets initiative for its new greenhouse gas reduction goals, underscoring a commitment to align with climate science and the Paris Agreement. The group has set near-term targets to cut absolute Scope 1 and 2 emissions by 48 percent by 2030 from 2019 levels and reduce key Scope 3 emissions by 37.5 percent by 2035 from a 2024 base, building on an interim 34 percent Scope 1 and 2 reduction goal by 2027.

Management says these targets show it is possible to lower the sector’s climate footprint while maintaining critical cash-handling infrastructure, positioning Loomis as a sustainability leader within its niche. To meet the objectives, the company plans to accelerate the shift to renewable energy and renewable fuels across its operations and value chain, a move that may influence procurement, fleet management and partnerships with stakeholders throughout its global network.

The most recent analyst rating on (SE:LOOMIS) stock is a Hold with a SEK546.00 price target. To see the full list of analyst forecasts on Loomis AB stock, see the SE:LOOMIS Stock Forecast page.

More about Loomis AB

Loomis AB is a global provider of high-security logistics and comprehensive payments management services, including the transportation, processing and storage of cash and valuables. The company serves financial institutions, retailers and government authorities in more than 25 countries, operates around 400 branches with 24,000 employees, and reported revenue above SEK 30 billion in 2025. It is listed on the Nasdaq Stockholm Large-Cap market.

YTD Price Performance: 11.37%

Average Trading Volume: 154,027

Technical Sentiment Signal: Strong Buy

Current Market Cap: SEK28.8B

Find detailed analytics on LOOMIS stock on TipRanks’ Stock Analysis page.

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