The Libyan Iron & Steel Company (LISCO), headquartered in Libya, is a leading player in the steel manufacturing industry. Established in 1979, LISCO has grown to become a cornerstone of the Libyan economy, primarily operating in the northern regions of the country. The company is renowned for its production of high-quality steel products, including rebar, wire rod, and hot-rolled coils, which are essential for construction and infrastructure development. LISCO's commitment to innovation and sustainability has positioned it as a market leader in the region. With a focus on advanced manufacturing processes and quality assurance, the company has achieved significant milestones, including expansions in production capacity and technological upgrades. As a result, LISCO not only meets local demand but also contributes to the broader North African steel market, reinforcing its reputation as a reliable supplier in the industry.
How does Libyan Iron & Steel Company'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 Iron and Steel Production 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.
Libyan Iron & Steel Company's score of 2 is lower than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.
The Libyan Iron & Steel Company, headquartered in Libya (LY), currently does not have available data on its carbon emissions, as no specific emissions figures have been provided. Consequently, there are no reported Scope 1, 2, or 3 emissions data to analyse. Additionally, the company has not outlined any formal reduction targets or climate commitments, nor does it appear to have made any pledges related to climate action. In the context of the steel industry, which is known for its significant carbon footprint, it is crucial for companies like Libyan Iron & Steel to establish clear climate strategies and reduction initiatives to align with global sustainability goals.
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.
Libyan Iron & Steel Company 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.