Ls Electric
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 39 is higher than 63% 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 2023, Ls Electric reported total carbon emissions of approximately 31,523,000 kg CO2e. This figure includes Scope 1 emissions of about 4,525,000 kg CO2e, Scope 2 emissions of approximately 26,998,000 kg CO2e, and Scope 3 emissions totalling around 26,405,000 kg CO2e. Notably, the Scope 3 emissions breakdown reveals significant contributions from business travel (about 9,130,000 kg CO2e) and upstream leased assets (approximately 11,462,000 kg CO2e). Comparatively, in 2022, the company’s total emissions were about 33,749,000 kg CO2e, indicating a reduction in emissions year-on-year. The reduction from 2022 to 2023 reflects Ls Electric's commitment to improving its environmental performance. Despite these reductions, Ls Electric has not publicly disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The absence of formal reduction targets suggests a potential area for growth in their climate strategy, aligning with industry standards for corporate climate commitments. Overall, Ls Electric's emissions data highlights both the scale of their carbon footprint and the importance of ongoing efforts to enhance sustainability practices within their operations.
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| 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 174,302,100 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | - | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 24,443,500 | 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 | 00,000,000 |
| Scope 3 | - | - | - | - | 00,000,000 | 000,000,000 | - | - | - | - | 00,000,000 | 00,000,000 |
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 Electric 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.
