Lcy
Lcy, officially known as Lcy Chemical Industries Corporation, is a prominent player in the chemical manufacturing sector, headquartered in Taiwan (TW). Established in 2002, the company has rapidly expanded its operations across Asia, focusing on innovative solutions in the specialty chemicals industry. Lcy is renowned for its high-quality products, including advanced polymer materials and chemical intermediates, which are distinguished by their exceptional performance and sustainability. The company has achieved significant milestones, including ISO certification and strategic partnerships that enhance its market position. With a commitment to research and development, Lcy continues to lead in providing tailored solutions that meet the evolving needs of various industries, solidifying its reputation as a trusted name in chemical manufacturing.
DitchCarbon Score
How does Lcy'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 Chemicals 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
Lcy's score of 18 is lower than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Lcy's reported carbon emissions
In 2023, Lcy reported total carbon emissions of approximately 58,837,360 kg CO2e, a decrease from about 61,530,960 kg CO2e in 2022. The emissions breakdown for 2023 indicates that Scope 1 emissions were about 156,000 kg CO2e, while Scope 2 emissions accounted for approximately 58,681,360 kg CO2e. This trend reflects a significant reduction in total emissions compared to previous years, where emissions were about 1,072,373,000 kg CO2e in 2021 and approximately 1,069,137,000 kg CO2e in 2020. Lcy has not disclosed any Scope 3 emissions data, nor have they set specific reduction targets or climate pledges. However, the company has shown a commitment to reducing its carbon footprint through ongoing initiatives, as evidenced by the decreasing trend in Scope 1 and Scope 2 emissions over the past few years. The carbon emission intensity for 2023 was reported at 6,020 kg CO2e per tonne, indicating a focus on improving efficiency and sustainability in their operations. Overall, Lcy's emissions data highlights a positive trajectory towards reducing their environmental impact, although further commitments and targets would enhance their climate strategy.
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| 2016 | 2017 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 27,382,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000 | 000,000 |
| Scope 2 | 80,108,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 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.
Lcy 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.
