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 24 is lower than 56% 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 includes Scope 1 emissions of about 4,180,875 kg CO2e and Scope 2 emissions of approximately 23,574,856 kg CO2e. The company also disclosed Scope 3 emissions, which totalled around 13,218,571 kg CO2e from upstream leased assets, alongside significant contributions from business travel (5,001,288 kg CO2e) and employee commuting (3,725,234 kg CO2e). Comparatively, in 2023, LS Electric's total emissions were about 31,523,158 kg CO2e, with Scope 1 at 4,525,002 kg CO2e and Scope 2 at 26,998,156 kg CO2e. The Scope 3 emissions for that year were approximately 11,461,975 kg CO2e from upstream leased assets, with additional emissions from business travel and employee commuting. Despite these figures, LS Electric has not set specific reduction targets or initiatives as part of their climate commitments. The company does not appear to inherit emissions data from a parent organisation, and all reported data is directly from LS Electric Co., Ltd. Overall, LS Electric's emissions profile highlights the significant impact of Scope 2 emissions, primarily from energy consumption, while also indicating areas for potential improvement in Scope 3 emissions management.
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| 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|
| Scope 1 | - | 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 |
| Scope 3 | - | - | - | - | 00,000,000 |
How Carbon Intensive is Ls Electric's Industry?
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Ls Electric's Scope 3 Categories Breakdown
A significant portion of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 44% of total emissions under the GHG Protocol, with "Downstream Leased Assets" being the largest emissions source at 42% of Scope 3 emissions.
Top Scope 3 Categories
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.
