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 17 is higher than 83% 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 2023, Lakshmi Machine Works reported total carbon emissions of approximately 5,638,410 kg CO2e for Scope 1 and about 19,052,640 kg CO2e for Scope 2. This reflects a commitment to tracking and reducing emissions, with a focus on energy consumption. The company has set an ambitious target to offset 100% of its energy consumption with renewable energy by 2030, applicable to both Scope 1 and Scope 2 emissions. In 2022, the emissions were approximately 6,703,330 kg CO2e for Scope 1 and about 26,845,240 kg CO2e for Scope 2, indicating a need for ongoing efforts to reduce these figures. The company aims to achieve net-zero emissions by 2025 for its energy consumption, demonstrating a proactive approach to climate commitments. Overall, Lakshmi Machine Works is actively working towards significant reductions in its carbon footprint, aligning with industry standards for sustainability and climate action.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 6,703,330 | 0,000,000 |
| Scope 2 | 26,845,240 | 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.
