Lakshmi Machine Works
Lakshmi Machine Works (LMW), headquartered in Coimbatore, India, is a leading player in the textile machinery and engineering sectors. Established in 1962, LMW has consistently innovated, becoming a trusted name in the manufacturing of high-quality textile spinning machines and precision engineering components. With a strong presence in both domestic and international markets, LMW's core offerings include a diverse range of spinning machinery, automatic winding machines, and CNC machine tools. Their commitment to quality and technological advancement sets them apart in the industry. Recognised for their excellence, LMW has achieved significant milestones, including numerous awards for innovation and quality. As a pioneer in the textile machinery sector, Lakshmi Machine Works continues to shape the future of textile manufacturing with its cutting-edge solutions and robust market position.
DitchCarbon Score
How does Lakshmi Machine Works's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Textile Manufacturing industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Lakshmi Machine Works's score of 19 is higher than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Lakshmi Machine Works's reported carbon emissions
In 2024, Lakshmi Machine Works reported total carbon emissions of approximately 19,052,640 kg CO2e from Scope 2 and about 5,638,410 kg CO2e from Scope 1, resulting in a combined total of approximately 24,691,050 kg CO2e. This represents a significant reduction from 2023, where emissions were approximately 26,845,240 kg CO2e for Scope 2 and about 6,703,330 kg CO2e for Scope 1, totalling around 33,548,570 kg CO2e. In 2022, the company recorded emissions of approximately 41,956,030 kg CO2e for Scope 1 and about 8,836,770 kg CO2e for Scope 2, leading to a total of approximately 50,792,800 kg CO2e. This indicates a downward trend in emissions over the years, showcasing their commitment to reducing their carbon footprint. Despite these reductions, Lakshmi Machine Works has not publicly disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The company continues to focus on improving its emissions intensity, with reported figures of approximately 5.4e-10 kg CO2e per rupee of turnover in 2024, down from 7.4e-10 kg CO2e in 2023. Overall, Lakshmi Machine Works is making strides in managing its carbon emissions, although further transparency regarding specific climate commitments and reduction targets would enhance its sustainability profile.
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| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 41,956,030 | 0,000,000 | 0,000,000 |
| Scope 2 | 8,836,770 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Lakshmi Machine Works is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
