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 27 is higher than 73% 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 total carbon emissions of approximately 191,088,000 kg CO2e, comprising 69,164,000 kg CO2e from Scope 1 and 123,924,000 kg CO2e from Scope 2 emissions. The company has not disclosed any Scope 3 emissions data for this year. Over the past few years, Lincoln Electric has shown a commitment to reducing its carbon footprint. In 2022, the total emissions were about 230,364,000 kg CO2e, with Scope 1 emissions at 70,678,000 kg CO2e and Scope 2 at 119,901,000 kg CO2e. This indicates a slight reduction in emissions from 2022 to 2023. Despite these figures, Lincoln Electric has not set specific reduction targets or climate pledges, which may limit their ability to demonstrate a clear trajectory towards sustainability. The company continues to focus on energy efficiency, as evidenced by their reported energy intensity metrics, which have improved over the years. Overall, while Lincoln Electric is making strides in managing its emissions, the absence of formal reduction targets suggests an opportunity for further commitment to climate action.
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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 committed to any 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.
