Ls Electric

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 in total emissions from 2022 to 2023 reflects Ls Electric's ongoing 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 that while the company is actively monitoring and reporting its emissions, it may not yet have established comprehensive strategies for future reductions. Overall, Ls Electric's emissions data highlights its significant carbon footprint, particularly in Scope 2 and Scope 3 categories, while also demonstrating a positive trend in emissions reduction over the past year.