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Lincoln Electric Holdings Inc
Lincoln Electric Holdings's GHG Emissions Data Preview
In 2024, 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) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Total Scope 2 | ||||
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Verified Sources Behind Lincoln Electric Holdings’s Greenhouse Gas (GHG) Emissions Data
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Insights into Lincoln Electric Holdings's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions ofLincoln Electric Holdings amounted to190,992metric 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 2023, the total operational greenhouse gas (GHG) emissions of Lincoln Electric Holdingsdecreased by 1.09%, showing that the company has made progress in taking action to reduce the climate impact of its operations.ab
Lincoln Electric Holdings's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Lincoln Electric Holdings's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Lincoln Electric Holdings were 71,164 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Has Lincoln Electric Holdings reduced its Scope 1 emissions over time?
Since 2019, Lincoln Electric Holdings's Scope 1 emissions have remained relatively, stable, indicating that Lincoln Electric Holdings's emissions have plateaued with no significant change in its operational footprint.ab
Compared to the previous year(2023), Lincoln Electric Holdings's Scope 1 emissions increased by 2.89%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.ab
What are Lincoln Electric Holdings's Scope 2 emissions?
In 2024, Lincoln Electric Holdings reported Scope 2 greenhouse gas (GHG) emissions of 119,828 tCOâ‚‚e using the location-based method.a
Has Lincoln Electric Holdings reduced its Scope 2 emissions over time?
Since 2019, Lincoln Electric Holdings's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have decreased by 17.11%, reflecting a declining long-term trend in Scope 2 emissions over time.ab
Compared to the previous year(2023), 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.ab
What methodology does Lincoln Electric Holdings use for Scope 2 reporting?
In 2024, Lincoln Electric Holdings reported its Scope 2 emissions using the location-based method.a
Lincoln Electric Holdings's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
Insights into Lincoln Electric Holdings’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Lincoln Electric Holdings reported Scope 1 greenhouse gas (GHG) emissions of 71,164 tCOâ‚‚e and total revenues of USD 4,009 millions. This translates into an emissions intensity of 17.75 tCOâ‚‚e per millions USD.a
Lincoln Electric Holdings's Scope 1 Emissions Intensity Compared to Peers
How does Lincoln Electric Holdings's GHG emissions intensity compare to its peers?
In 2024, Lincoln Electric Holdings reported a Scope 1 emissions intensity of 17.75 tCOâ‚‚e per millions USD. Compared to the peer group median of 9.79, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
Where does Lincoln Electric Holdings rank on GHG emissions intensity within its industry?
In 2024, Lincoln Electric Holdings ranked 17 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
Lincoln Electric Holdings is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a