LS Electric Co Ltd

Common Name
LS Electric
Country
South Korea
Sector
Industrials
Industry
Electrical Equipment & Parts
Employees
3,153
Ticker
010120
Exchange
KOREA EXCHANGE
Description
LS Electric Co., Ltd. is a prominent player in the electrical and automation technology industry, based in South Korea. The company specializes in producing and supplying a comprehensive range of elec...

LS Electric's GHG Emissions Data Preview

In 2023, LS Electric 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), Scope 2 (indirect emissions from purchased energy), and Scope 3 (indirect emissions across the value chain).

LS Electric has also provided a category-level breakdown for 5 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 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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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 LS Electric's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of LS Electric amounted to 75,649.895 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 LS Electric increased by 124.15%, suggesting that the company faced challenges in reducing its emissions from its core operations.

LS Electric's Scope 1 Emissions Over Time

20212022202302 k4 k6 k8 ktCO2e+7%+51%
  • Total Scope 1
  • Year-over-Year Change

What are LS Electric's Scope 1 emissions?

In 2023, the total Scope 1 emissions of LS Electric were 7,442.362 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has LS Electric reduced its Scope 1 emissions over time?

Since 2021, LS Electric's Scope 1 emissions have increased by 62.25%, reflecting a rising long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), LS Electric's Scope 1 emissions increased by 51.48%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.

What are LS Electric's Scope 2 emissions?

In 2023, LS Electric reported Scope 2 greenhouse gas (GHG) emissions of 68,207.533 tCOâ‚‚e without specifying the calculation method.

Has LS Electric reduced its Scope 2 emissions over time?

Since 2021, LS Electric's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have increased by 123.65%, reflecting a rising long-term trend in Scope 2 emissions over time.

Compared to the previous year (2022), LS Electric's Scope 2 emissions (Unspecified Calculation Method) rose by 136.54% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy

What methodology does LS Electric use for Scope 2 reporting?

In 2023, LS Electric reported its Scope 2 emissions using an unspecified methodology.

LS Electric's Scope 2 Emissions Over Time

202120222023020 k40 k60 k80 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into LS Electric's Value Chain Emissions

In 2023, LS Electric reported 26,405 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of LS Electric includes a breakdown across 5 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.

LS Electric's Scope 3 Emissions Over Time

2022202307 k14 k21 k28 ktCO2e+4%
  • Total Scope 3
  • Year-over-Year Change

What are LS Electric's Scope 3 emissions?

In 2023, LS Electric reported total Scope 3 emissions of 26,405 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment.

Compared to the previous year (2022), LS Electric's Scope 3 emissions remained relatively stable, indicating that LS Electric 's emissions have plateaued with no significant change in its value chain footprint.

What categories of Scope 3 emissions does LS Electric disclose?

In 2023, LS Electric reported emissions for 5 out of the 15 Scope 3 categories defined by the GHG Protocol.

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of LS Electric's Scope 3 emissions?

In 2023, the largest contributors to LS Electric's Scope 3 emissions were:

  • Upstream Leased Assets (Cat. 8): 11,462 tCOâ‚‚e (43.41%)
  • Business Travel (Cat. 6): 9,130 tCOâ‚‚e (34.58%)
  • Employee Commuting (Cat. 7): 3,667 tCOâ‚‚e (13.89%)

LS Electric's Scope 3 Emissions by Categories

Employee Commuting(Cat. 7)(13.9%)Upstream LeasedAssets (Cat. 8)(43.4%)Business Travel(Cat. 6)(34.6%)

Insights into LS Electric's Total Carbon Footprint

In 2023, LS Electric reported a total carbon footprint of 102,054.895 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 72.22% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.

The largest contributor to LS Electric's total carbon footprint was Scope 2 emissions, accounting for 66.83% of the company's total carbon footprint, followed by Scope 3 emissions at 25.87%.

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