Lincoln Electric Holdings Inc

Common Name
Lincoln Electric Holdings
Country
United States
Sector
Industrials
Industry
Tools & Accessories
Employees
12,000
Ticker
LECO
Exchange
NASDAQ/NGS
Description
Lincoln Electric Holdings Inc. is a global manufacturer and supplier specialized in producing welding and cutting solutions. Its core purpose is to provide innovative welding technologies and related ...

Lincoln Electric Holdings's GHG Emissions Data Preview

In 2023, Lincoln Electric Holdings 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, Lincoln Electric Holdings has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Location-Based
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Lincoln Electric Holdings's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Lincoln Electric Holdings amounted to 193,088 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).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Lincoln Electric Holdings increased by 3.33%, suggesting that the company faced challenges in reducing its emissions from its core operations.

Lincoln Electric Holdings's Scope 1 Emissions Over Time

201820192020202120222023025 k50 k75 k100 ktCO2e-14%-22%+1%+21%+3%
  • Total Scope 1
  • Year-over-Year Change

What are Lincoln Electric Holdings's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Lincoln Electric Holdings were 69,164 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Lincoln Electric Holdings reduced its Scope 1 emissions over time?

Since 2018, Lincoln Electric Holdings's Scope 1 emissions have decreased by 16.15%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Lincoln Electric Holdings's Scope 1 emissions increased by 3.29%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.

What are Lincoln Electric Holdings's Scope 2 emissions?

In 2023, Lincoln Electric Holdings reported Scope 2 greenhouse gas (GHG) emissions of 123,924 tCOâ‚‚e using the location-based method.

Has Lincoln Electric Holdings reduced its Scope 2 emissions over time?

Since 2018, Lincoln Electric Holdings's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 16.2%, reflecting a declining long-term trend in Scope 2 emissions over time.

Compared to the previous year (2022), Lincoln Electric Holdings's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Lincoln Electric Holdings 's emissions have plateaued with no significant change in its energy consumption footprint.

What methodology does Lincoln Electric Holdings use for Scope 2 reporting?

In 2023, Lincoln Electric Holdings reported its Scope 2 emissions using the location-based method.

Lincoln Electric Holdings's Scope 2 Emissions Over Time

201820192020202120222023040 k80 k120 k160 ktCO2e
  • Total Scope 2 Location-Based
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