Linamar Corp

Common Name
Linamar
Country
Canada
Sector
Consumer Cyclical
Industry
Auto Parts
Employees
33,100
Ticker
LNR
Exchange
TORONTO STOCK EXCHANGE
Description
Linamar Corporation is a global leader in manufacturing highly engineered products, primarily for the automotive and industrial sectors. The company specializes in powertrain and drivetrain components...

Linamar's GHG Emissions Data Preview

In 2023, Linamar completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources) and Scope 2 (indirect emissions from purchased energy).

However, Linamar has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2023202220212020 - 2017
Total Scope 1
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Total Scope 2
Unspecified Calculation Method
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Linamar’s Greenhouse Gas (GHG) Emissions Data

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a. Linamar's ESG Data Spreadsheet 2023
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Insights into Linamar's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Linamar amounted to 463,023.47 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Linamar decreased by 2.97%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Linamar's Scope 1 Emissions Over Time

20222023045 k90 k135 k180 ktCO2e-5%
  • Total Scope 1
  • Year-over-Year Change

What are Linamar's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Linamar were 160,057.1 metric tons of CO₂ equivalent (tCO₂e). a

Compared to the previous year (2022), Linamar's Scope 1 emissions decreased by 5.38%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Linamar's Scope 2 emissions?

In 2023, Linamar reported Scope 2 greenhouse gas (GHG) emissions of 302,966.37 tCO₂e without specifying the calculation method. a

Has Linamar reduced its Scope 2 emissions over time?

Compared to the previous year (2022), Linamar's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Linamar 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does Linamar use for Scope 2 reporting?

In 2023, Linamar reported its Scope 2 emissions using an unspecified methodology. a

Linamar's Scope 2 Emissions Over Time

20222023080 k160 k240 k320 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Linamar’s GHG Emissions Intensity Compared to Industry Peers

In 2023, Linamar reported Scope 1 greenhouse gas (GHG) emissions of 160,057.1 tCO₂e and total revenues of USD 7,352 millions. This translates into an emissions intensity of 21.77 tCO₂e per millions USD. a

Linamar's Scope 1 Emissions Intensity Compared to Peers

5005,00020,000200,0001,000,000Scope 1 Emissions (tCO2e)5002,0005,00020,000100,000Revenues (Millions of USD)NTTNNNiterraYear: 2023Scope 1: 48,000 tCO2eRevenue: $M 4,223Scope 1 Intensity: 11.37 tCO2e/$MNSKYear: 2023Scope 1: 102,000 tCO2eRevenue: $M 7,043Scope 1 Intensity: 14.48 tCO2e/$MAAMYear: 2024Scope 1: 91,346 tCO2eRevenue: $M 6,125Scope 1 Intensity: 14.91 tCO2e/$MVisteonYear: 2022Scope 1: 3,940 tCO2eRevenue: $M 3,756Scope 1 Intensity: 1.05 tCO2e/$MCIE AutomotiveYear: 2023Scope 1: 99,073 tCO2eRevenue: $M 4,382Scope 1 Intensity: 22.61 tCO2e/$MMinth GroupYear: 2023Scope 1: 71,571 tCO2eRevenue: $M 3,158Scope 1 Intensity: 22.66 tCO2e/$MJohnson Electric HoldingsYear: 2024Scope 1: 29,471 tCO2eRevenue: $M 29,706Scope 1 Intensity: 0.99 tCO2e/$MTTToyoda GoseiYear: 2022Scope 1: 106,200 tCO2eRevenue: $M 6,804Scope 1 Intensity: 15.61 tCO2e/$MTTTVS HoldingsYear: 2023Scope 1: 19,516 tCO2eRevenue: $M 3,991Scope 1 Intensity: 4.89 tCO2e/$MAllison Transmission HoldingsYear: 2021Scope 1: 36,133 tCO2eRevenue: $M 2,402Scope 1 Intensity: 15.04 tCO2e/$MNexteer Automotive GroupYear: 2023Scope 1: 39,210 tCO2eRevenue: $M 32,762Scope 1 Intensity: 1.20 tCO2e/$MKoito ManufacturingYear: 2023Scope 1: 49,000 tCO2eRevenue: $M 6,492Scope 1 Intensity: 7.55 tCO2e/$MTS TechYear: 2023Scope 1: 7,083 tCO2eRevenue: $M 3,072Scope 1 Intensity: 2.31 tCO2e/$MIochpe MaxionYear: 2023Scope 1: 174,517 tCO2eRevenue: $M 3,083Scope 1 Intensity: 56.60 tCO2e/$MToyo TireYear: 2023Scope 1: 274,500 tCO2eRevenue: $M 3,909Scope 1 Intensity: 70.23 tCO2e/$MAutoneum HoldingYear: 2024Scope 1: 108,472 tCO2eRevenue: $M 2,583Scope 1 Intensity: 42.00 tCO2e/$MHELLA GmbH & CoYear: 2023Scope 1: 37,000 tCO2eRevenue: $M 8,804Scope 1 Intensity: 4.20 tCO2e/$MNHK SpringYear: 2022Scope 1: 43,000 tCO2eRevenue: $M 4,810Scope 1 Intensity: 8.94 tCO2e/$MStanley ElectricYear: 2021Scope 1: 3,464 tCO2eRevenue: $M 3,261Scope 1 Intensity: 1.06 tCO2e/$MLinamarYear: 2023Scope 1: 160,057 tCO2eRevenue: $M 7,352Scope 1 Intensity: 21.77 tCO2e/$M

How does Linamar's GHG emissions intensity compare to its peers?

In 2023, Linamar reported a Scope 1 emissions intensity of 21.77 tCO₂e per millions USD. Compared to the peer group median of 11.37, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does Linamar rank on GHG emissions intensity within its industry?

In 2023, Linamar ranked 15 out of 19 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

This places Linamar among the least efficient performers, with one of the highest emissions intensities in its sector. a

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