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.
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.
Mean score of companies in the 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.
Lakshmi Machine Works's score of 11 is lower than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Lakshmi Machine Works reported total carbon emissions of approximately 42,661,730 kg CO2e for Scope 1 and about 19,424,370 kg CO2e for Scope 2. This marks a slight increase in Scope 1 emissions compared to 2022, which were approximately 41,956,030 kg CO2e, while Scope 2 emissions also rose from about 8,836,770 kg CO2e in the previous year. Despite these figures, Lakshmi Machine Works has not disclosed any specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of a climate pledge or formal commitments suggests that the company may be in the early stages of developing a comprehensive climate strategy. Overall, the emissions data indicates a need for enhanced climate action and transparency in their sustainability efforts, particularly in the context of increasing global focus on carbon reduction and climate commitments within the manufacturing sector.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2022 | 2023 | |
---|---|---|
Scope 1 | 41,956,030 | 00,000,000 |
Scope 2 | 8,836,770 | 00,000,000 |
Scope 3 | - | - |
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 committed to any reduction initiatives 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.