Lion Electric Sustainability Profile
Lion Electric, officially known as Lion Electric Co., is a leading manufacturer of all-electric commercial vehicles, headquartered in Canada. Founded in 2008, the company has rapidly established itself in the electric vehicle industry, focusing on sustainable transportation solutions for urban environments. With major operational regions across North America, Lion Electric is committed to producing zero-emission buses and trucks that cater to various sectors, including public transit and logistics. The company’s core products, such as the Lion6 and Lion8 electric trucks, are distinguished by their innovative design and advanced technology, offering significant reductions in greenhouse gas emissions. Lion Electric has achieved notable milestones, including partnerships with various municipalities and school districts, solidifying its position as a key player in the transition to electric mobility. As the demand for eco-friendly transportation continues to grow, Lion Electric remains at the forefront of the industry, driving change towards a more sustainable future.
DitchCarbon Score
How does Lion 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 Furniture Manufacturing 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
Lion Electric's score of 35 is higher than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Lion Electric's reported carbon emissions
In 2023, Lion Electric reported total carbon emissions of approximately 3,140,000 kg CO2e. This figure includes 1,000,000 kg CO2e from Scope 1 emissions, which encompass direct emissions from owned or controlled sources, and 1,000,000 kg CO2e from Scope 2 emissions, related to the purchase of electricity. Notably, Scope 3 emissions accounted for about 4,536,000 kg CO2e, reflecting the indirect emissions from the value chain. Comparatively, in 2022, the company recorded total emissions of about 1,898,000 kg CO2e, with similar distributions across the scopes: 1,000,000 kg CO2e for Scope 1, 1,000,000 kg CO2e for Scope 2, and approximately 4,870,000 kg CO2e for Scope 3. In 2021, total emissions were reported at around 712,000 kg CO2e, again with Scope 1 and Scope 2 emissions each at 1,000,000 kg CO2e, and Scope 3 emissions at about 4,770,000 kg CO2e. Despite the significant emissions figures, Lion Electric has not disclosed specific reduction targets or initiatives as part of their climate commitments. The absence of SBTi (Science Based Targets initiative) reduction targets indicates a potential area for future development in their sustainability strategy. Lion Electric's headquarters is located in Canada, and their emissions data is not cascaded from any parent organization, ensuring that the reported figures are solely reflective of their operations.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 480,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 18,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | 0,000,000 | 0,000,000 | 0,000,000 |
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Lion 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.
Lion Electric has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
