Ls Cable And System Sustainability Profile
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 79 is higher than 86% 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 2024, LS Cable and System reported total greenhouse gas emissions of approximately 26,019,000 kg CO2e for Scope 1 and about 53,800,000 kg CO2e for Scope 2 (market-based), resulting in a combined total of around 79,819,000 kg CO2e for Scope 1 and 2 emissions. The company has set ambitious targets to significantly reduce its carbon footprint, committing to a 90% reduction in absolute Scope 1 and 2 emissions by 2050, using 2022 as the base year. Additionally, LS Cable and System aims for a 42% reduction in these emissions by 2030. For Scope 3 emissions, which total approximately 73,827,029,000 kg CO2e in 2023, the company has pledged to achieve a 90% reduction by 2050 and a 25% reduction by 2030. These targets are aligned with the Science Based Targets initiative (SBTi) and reflect the company's commitment to transitioning to renewable energy, with an interim goal of reaching 60% renewable energy usage by 2030. LS Cable and System's climate strategy is part of a broader commitment to achieve net-zero greenhouse gas emissions across its value chain by 2050. This comprehensive approach underscores the company's dedication to sustainability and its proactive stance in addressing climate change.
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| 2012 | 2013 | 2014 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 40,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 119,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 2,000,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000,000 | 00,000,000,000 | - |
How Carbon Intensive is Ls Cable And System's Industry?
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Ls Cable And System's Scope 3 Categories Breakdown
Ls Cable And System's Scope 3 emissions, which increased by 7% last year and increased significantly since 2012, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Use of Sold Products" being the largest emissions source at 96% of Scope 3 emissions.
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Ls Cable And System's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Ls Cable And System has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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Frequently Asked Questions
Common questions about Ls Cable And System's sustainability data and climate commitments