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.
+6 vs industry average
Lincoln Electric’s score of 22 is higher than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Electricity from Other Sources is among the most carbon-intensive industries
Industry performance
The Electricity from Other Sources industry has reduced its overall emissions by 36% since 2018
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
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 to 2025. This ongoing effort underscores their dedication to sustainability and climate action within their operations.
As of now, Lincoln Electric has not disclosed any Scope 3 emissions data, indicating a potential area for future reporting and improvement. The emissions data is sourced directly from Lincoln Electric Holdings, Inc., with no cascading from a parent organisation.
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Lincoln Electric’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Lincoln Electric
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