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 26 is lower 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 2023, LS Electric, headquartered in South Korea (KR), reported total carbon emissions of approximately 31,430,000 kg CO2e, comprising 4,525,000 kg CO2e from Scope 1 and 26,998,000 kg CO2e from Scope 2. This marks a reduction from 2022, where emissions were about 33,190,000 kg CO2e, with Scope 1 at 4,913,000 kg CO2e and Scope 2 at 28,836,000 kg CO2e. The company has set ambitious climate commitments, aiming for a 60% transition to renewable energy by 2030 as part of its RE100 initiative, which targets a complete shift to renewable energy at the enterprise level. This commitment reflects LS Electric's proactive approach to reducing its carbon footprint and enhancing sustainability practices. While no Scope 3 emissions data was disclosed for 2023, the company has previously reported Scope 3 emissions of approximately 27,021,000 kg CO2e in 2022, indicating a comprehensive understanding of its overall environmental impact. LS Electric's emissions data is independently reported and not cascaded from any parent organization, ensuring transparency in its climate performance and commitments.
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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 |
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.
