Lincoln Electric
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 29 is higher than 68% 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 2023, Lincoln Electric reported total emissions of approximately 193,088,000 kg CO2e, comprising 69,164,000 kg CO2e from Scope 1 and 123,924,000 kg CO2e from Scope 2. The company has not disclosed any Scope 3 emissions data for this year. In 2022, their total emissions were about 230,364,000 kg CO2e, with Scope 1 emissions at 70,678,000 kg CO2e and Scope 2 emissions at 119,901,000 kg CO2e. The previous year, 2021, saw total emissions of approximately 189,863,000 kg CO2e, with Scope 1 at 55,525,000 kg CO2e and Scope 2 at 134,338,000 kg CO2e. Lincoln Electric has not set specific reduction targets or initiatives as part of their climate commitments, nor have they joined any formal climate pledges. The company continues to focus on improving energy intensity, achieving approximately 93.0 kg CO2e per hour worked in 2023, down from 102.0 kg CO2e in 2022. Overall, Lincoln Electric's emissions data reflects a commitment to monitoring and potentially reducing their carbon footprint, although specific reduction strategies or targets have not been publicly outlined.
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| 2018 | 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 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.
