Lion Electric
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 46 is higher than 69% 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 greenhouse gas (GHG) emissions of approximately 10,000,000 kg CO2e, with emissions distributed across various scopes: 498,000 kg CO2e for Scope 1, 712,000 kg CO2e for Scope 2, and about 9,993,000 kg CO2e for Scope 3. This data reflects a significant increase in emissions compared to 2022, where total emissions were approximately 8,000,000 kg CO2e, with Scope 1 at 712,000 kg CO2e, Scope 2 at 1,898,000 kg CO2e, and Scope 3 at about 7,961,000 kg CO2e. Lion Electric has set ambitious climate commitments, aiming to reduce absolute Scope 1 and 2 GHG emissions by 55% by 2030 from a 2019 base year. Additionally, the company has committed to achieving a 90% reduction in absolute GHG emissions across all scopes by 2050, also based on 2019 levels, as part of its net-zero target. The emissions data and reduction targets are sourced directly from The Lion Electric Company, with no cascading from a parent organisation. These commitments align with industry standards for climate action and demonstrate Lion Electric's dedication to sustainability and reducing its carbon footprint.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 3,140,000 | 0,000,000 | 000,000 | 000,000 |
| Scope 2 | 498,000 | 0,000,000 | 0,000,000 | 000,000 |
| Scope 3 | 2,224,000 | 0,000,000 | 0,000,000 | 0,000,000 |
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.
Lion Electric is not participating in any 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.
