Ls Cable And System

Ls Cable And System's reported carbon emissions

In 2024, LS Cable & System reported total greenhouse gas emissions of approximately 81,000,000 kg CO2e, comprising 26,019,000 kg CO2e from Scope 1 and 53,800,000 kg CO2e from Scope 2 emissions. The company has set ambitious climate commitments, aiming for net-zero emissions across its entire value chain by 2050. This includes a near-term target to reduce absolute Scope 1 and 2 emissions by 42% by 2030 from a 2022 baseline, and a 25% reduction in absolute Scope 3 emissions within the same timeframe. The long-term goals further stipulate a 90% reduction in both Scope 1 and 2 emissions by 2050, alongside a similar 90% reduction in Scope 3 emissions. These targets are aligned with the Science Based Targets initiative (SBTi) and reflect LS Cable & System's commitment to sustainable practices in the electrical equipment and machinery sector. The company is also pursuing a transition to renewable energy, with an interim goal of achieving a 60% renewable energy share by 2030. This data is cascaded from LS Cable & System Ltd., which is the parent organization, ensuring that the emissions and targets are consistent with the overarching corporate strategy.