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 38 is higher than 62% 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, headquartered in South Korea (KR), reported total carbon emissions of approximately 27,755,731 kg CO2e. This figure includes Scope 1 emissions of about 4,180,875 kg CO2e, Scope 2 emissions of approximately 23,574,856 kg CO2e, and significant Scope 3 emissions, notably from business travel (5,001,288 kg CO2e) and employee commuting (3,725,234 kg CO2e). In 2023, the company recorded total emissions of 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 were substantial, particularly from business travel (9,129,799 kg CO2e) and employee commuting (3,666,957 kg CO2e). LS Electric has set ambitious climate commitments, aiming for a 60% transition to renewable energy by 2030 as part of its RE100 initiative. This target reflects the company's commitment to reducing its overall carbon footprint, particularly in Scope 3 emissions, which encompass indirect emissions from its value chain. The company has not reported any SBTi (Science Based Targets initiative) reduction targets, but its ongoing efforts to enhance sustainability and reduce emissions are evident in its strategic goals. Overall, LS Electric is actively working towards significant emissions reductions while maintaining transparency in its reporting practices.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | - | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 32,785,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | 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 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.
