Lincoln Electric
Lincoln Electric Company, commonly known as Lincoln Electric, is a leading global manufacturer of welding products, based in Cleveland, Ohio. Founded in 1895, the company has established itself as a pioneer in the welding industry, with significant operations across North America, Europe, and Asia. Specialising in arc welding equipment, robotic welding systems, and cutting technologies, Lincoln Electric is renowned for its innovative solutions that enhance productivity and safety. The company’s commitment to quality and performance has earned it a strong market position, making it a trusted name among professionals in various sectors, including construction, automotive, and shipbuilding. With a rich history of technological advancements and a focus on customer satisfaction, Lincoln Electric continues to set industry standards, solidifying its reputation as a leader in welding and cutting solutions.
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 Supply 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 29 is higher than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Lincoln Electric's reported carbon emissions
In 2023, Lincoln Electric reported carbon emissions of approximately 69,164 tonnes CO2e for Scope 1 and about 123,924 tonnes CO2e for Scope 2. The total emissions from these scopes amounted to around 193,088 tonnes CO2e. In previous years, emissions have varied, with 2022 showing Scope 1 emissions of about 70,678 tonnes CO2e and Scope 2 emissions of approximately 119,901 tonnes CO2e. The company has made strides in reducing its carbon footprint, achieving a significant reduction in Scope 1 and 2 emissions over the years. For instance, from 2019 to 2022, Lincoln Electric's combined Scope 1 and 2 emissions decreased from about 215,234 tonnes CO2e to approximately 190,602 tonnes CO2e. This reflects a commitment to improving energy efficiency and reducing greenhouse gas emissions. While specific reduction targets have not been detailed, Lincoln Electric's participation in the CDP (Carbon Disclosure Project) indicates an ongoing effort to enhance transparency and accountability regarding its climate impact. The company received a score of "C" in 2023, suggesting a moderate level of engagement in climate-related initiatives. Overall, Lincoln Electric is actively working towards reducing its carbon emissions and enhancing its sustainability practices, aligning with industry standards for climate action.
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Add to project2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 54,806,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 186,860,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 187,929,000 | 000,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | - |
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.
Lincoln Electric is committed to some 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.
