Lincoln Electric Sustainability Profile
Lincoln Electric, officially known as Lincoln Electric Company, is a leading global manufacturer of welding products, headquartered in the United States. Founded in 1895, the company has established a strong presence in North America, Europe, and Asia, becoming a key player in the welding and cutting industry. Specialising in arc welding equipment, consumables, and automation solutions, Lincoln Electric is renowned for its innovative technologies and commitment to quality. The company’s core offerings include welding machines, electrodes, and robotic welding systems, which are designed to enhance productivity and efficiency in various industrial applications. With a rich history of milestones, including the introduction of the first electric arc welding machine, Lincoln Electric has consistently maintained a strong market position. Its dedication to research and development has earned it numerous accolades, solidifying its reputation as a trusted partner in the welding sector.
DitchCarbon Score
How does Lincoln Electric'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 Electricity from Other Sources 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
Lincoln Electric's score of 34 is higher than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Lincoln Electric's reported carbon emissions
In 2024, Lincoln Electric reported total greenhouse gas emissions of approximately 191 million kg CO2e, comprising about 71.2 million kg CO2e from Scope 1 and about 119.8 million kg CO2e from Scope 2 emissions. This reflects a commitment to reducing their carbon footprint, as they achieved a 16% reduction in absolute Scope 1 and 2 emissions compared to their 2018 baseline, thanks to investments in energy efficiency projects. For the near term, Lincoln Electric has set a target to reduce Scope 1 and 2 GHG emissions by 10% from 2018 levels by 2025. This commitment underscores their proactive approach to climate action, aligning with industry standards for sustainability and emissions reduction. The company has not disclosed any Scope 3 emissions data, indicating a potential area for future focus. Overall, Lincoln Electric's climate commitments demonstrate a clear trajectory towards reducing their environmental impact while maintaining operational efficiency.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 82,488,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 147,876,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - | - | - | - |
How Carbon Intensive is Lincoln Electric's Industry?
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Lincoln Electric's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Lincoln Electric has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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