Ls Cable And System
Ls Cable and System, headquartered in South Korea (KR), is a leading player in the global cable and system industry. Founded in 1967, the company has established a strong presence in major operational regions, including Asia, Europe, and North America. Specialising in high-quality power cables, communication cables, and various cable accessories, Ls Cable and System is renowned for its innovative solutions that cater to diverse sectors such as energy, telecommunications, and construction. With a commitment to sustainability and technological advancement, the company has achieved significant milestones, including numerous certifications and awards for its products. Ls Cable and System's unique offerings, such as eco-friendly cables and advanced smart grid solutions, position it as a market leader, driving progress in the cable industry while meeting the evolving needs of its clients worldwide.
DitchCarbon Score
How does Ls Cable And System'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 Communication Equipment Manufacturing 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
Ls Cable And System's score of 60 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Ls Cable And System's reported carbon emissions
In 2023, LS Cable & System reported total greenhouse gas emissions of approximately 24,731,000 kg CO2e for Scope 1 and about 61,578,000 kg CO2e for Scope 2 (market-based). The combined total for Scope 1 and Scope 2 emissions reached around 86,309,000 kg CO2e. This reflects a commitment to transparency in their emissions reporting, as they have disclosed data for both Scope 1 and Scope 2 emissions. The company has set ambitious climate targets, aiming for a 90% reduction in absolute Scope 1 and Scope 2 emissions by 2050, using 2022 as the baseline year. Additionally, LS Cable & System plans to reduce its Scope 3 emissions by 90% by the same year. In the near term, they are targeting a 42% reduction in Scope 1 and Scope 2 emissions by 2030, alongside a 25% reduction in Scope 3 emissions. Furthermore, LS Cable & System is committed to achieving RE100, with an interim goal of transitioning 60% of its energy consumption to renewable sources by 2030. This commitment underscores their dedication to sustainability and reducing their carbon footprint across the entire value chain.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 40,077,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 112,058,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 3,396,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000,000 | - |
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.
Ls Cable And System is participating in some 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.
