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 38 is higher than 63% 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 significant carbon emissions, totalling approximately 45,250,000 kg CO2e for Scope 1 and about 26,998,000 kg CO2e for Scope 2. This brings their combined Scope 1 and 2 emissions to around 72,248,000 kg CO2e. The company has not disclosed any Scope 3 emissions data for this year. Comparatively, in 2022, LS Electric's emissions were approximately 4,913,000 kg CO2e for Scope 1 and about 28,836,000 kg CO2e for Scope 2, resulting in a total of around 33,749,000 kg CO2e. This indicates a reduction in Scope 1 emissions by about 663,000 kg CO2e from 2022 to 2023. LS Electric has set ambitious climate commitments, aiming to achieve RE100 at the enterprise level, with an interim goal of transitioning 60% of its energy consumption to renewable sources by 2030. This commitment reflects the company's proactive approach to reducing its carbon footprint and enhancing sustainability practices. Overall, LS Electric is actively working towards reducing its carbon emissions while striving for a significant shift towards renewable energy, aligning with global climate initiatives.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | - | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 32,785,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | 000,000,000 | 00,000,000,000 | - |
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.
