Ls Electric Sustainability Profile
LS Electric, headquartered in South Korea (KR), is a leading player in the electrical and automation industry, renowned for its innovative solutions. Founded in 1974, the company has established a strong presence in major operational regions across Asia, Europe, and North America. Specialising in smart grid technology, industrial automation, and energy management systems, LS Electric offers a diverse range of core products, including circuit breakers, relays, and control systems. Their commitment to quality and cutting-edge technology sets them apart in a competitive market. With a focus on sustainability and efficiency, LS Electric has achieved significant milestones, positioning itself as a trusted partner for businesses seeking advanced electrical solutions. The company continues to drive progress in the industry, contributing to the global transition towards smarter energy systems.
DitchCarbon Score
How does Ls 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
Ls Electric's score of 31 is higher than 53% 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 Electric's reported carbon emissions
In 2024, LS Electric reported total carbon emissions of approximately 27,755,731 kg CO2e. This figure includes Scope 1 emissions of about 4,180,875 kg CO2e and Scope 2 emissions of approximately 23,574,856 kg CO2e. Additionally, their Scope 3 emissions were significant, with business travel contributing about 5,001,288 kg CO2e, employee commuting at approximately 3,725,234 kg CO2e, and upstream leased assets accounting for about 13,218,571 kg CO2e. Comparatively, in 2023, LS Electric's total emissions were about 31,523,158 kg CO2e, with Scope 1 emissions at approximately 4,525,002 kg CO2e and Scope 2 emissions at around 26,998,156 kg CO2e. The Scope 3 emissions for that year included business travel at about 9,129,799 kg CO2e and upstream leased assets at approximately 11,461,975 kg CO2e. Despite the lack of specific reduction targets or initiatives disclosed, LS Electric is actively engaged in climate-related commitments, as indicated by their participation in various initiatives such as CDP. The company has not cascaded any emissions data from a parent organization, indicating that their reported figures are independently sourced. Overall, LS Electric's emissions data reflects a substantial carbon footprint, with a notable reliance on Scope 2 emissions, primarily from purchased electricity. The company’s ongoing efforts in climate action and transparency are essential as they navigate their environmental impact in the coming years.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | - | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 32,785,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | - | - |
How Carbon Intensive is Ls Electric's Industry?
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Ls Electric'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 Electric 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.
