LS Electric Co Ltd

Common Name
LS Electric
Country
South Korea
Sector
Industrials
Industry
Electrical Equipment & Parts
Employees
3,224
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 2024, 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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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind LS Electric’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore LS Electric’s data sources below and access millions more through our Disclosure Search.

a. LS Electric's Sustainability Report 2025
a. LS Electric's Sustainability Report 2025
b. LS Electric's Sustainability Report 2024
b. LS Electric's Sustainability Report 2024

Insights into LS Electric's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of LS Electric amounted to 163,225.603 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 2023, the total operational greenhouse gas (GHG) emissions of LS Electric increased by 417.8%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

LS Electric's Scope 1 Emissions Over Time

202120222023202404 k8 k12 k16 ktCO2e+7%-8%+237%
  • Total Scope 1
  • Year-over-Year Change

What are LS Electric's Scope 1 emissions?

In 2024, the total Scope 1 emissions of LS Electric were 15,259.08 metric tons of CO₂ equivalent (tCO₂e). a

Has LS Electric reduced its Scope 1 emissions over time?

Since 2021, LS Electric's Scope 1 emissions have increased by 232.66%, reflecting a rising long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2023), LS Electric's Scope 1 emissions increased by 237.22%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are LS Electric's Scope 2 emissions?

In 2024, LS Electric reported Scope 2 greenhouse gas (GHG) emissions of 147,966.523 tCO₂e without specifying the calculation method. a

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 385.17%, reflecting a rising long-term trend in Scope 2 emissions over time. a b

Compared to the previous year (2023), LS Electric's Scope 2 emissions (Unspecified Calculation Method) rose by 448.06% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a

What methodology does LS Electric use for Scope 2 reporting?

In 2024, LS Electric reported its Scope 2 emissions using an unspecified methodology. a

LS Electric's Scope 2 Emissions Over Time

2021202220232024040 k80 k120 k160 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into LS Electric's Value Chain Emissions

In 2024, LS Electric reported 26,218.4 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2024 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 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

LS Electric's Scope 3 Emissions Over Time

20222023202407 k14 k21 k28 ktCO2e+15%-1%
  • Total Scope 3
  • Year-over-Year Change

What are LS Electric's Scope 3 emissions?

In 2024, LS Electric reported total Scope 3 emissions of 26,218.4 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 49.58% of these emissions originated from upstream activities such as purchased goods and capital goods, while 50.42% came from downstream activities like product use, distribution, and end-of-life treatment. a

Compared to the previous year (2023), 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. a

What categories of Scope 3 emissions does LS Electric disclose?

In 2024, LS Electric reported emissions for 5 out of the 15 Scope 3 categories defined by the GHG Protocol. a

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 2024, the largest contributors to LS Electric's Scope 3 emissions were: a

  • Downstream Leased Assets (Cat. 13): 13,218.571 tCO₂e (50.42%)
  • Business Travel (Cat. 6): 5,001.288 tCO₂e (19.08%)
  • Fuel- and Energy-Related Services (Cat. 3): 4,169.31 tCO₂e (15.9%)

LS Electric's Scope 3 Emissions by Categories

Downstream LeasedAssets (Cat. 13)(50.4%)Business Travel(Cat. 6)(19.1%)Fuel- andEnergy-RelatedServices (Cat. 3)(15.9%)

Insights into LS Electric’s GHG Emissions Intensity Compared to Industry Peers

In 2024, LS Electric reported Scope 1 greenhouse gas (GHG) emissions of 15,259.08 tCO₂e and total revenues of USD 3,102 millions. This translates into an emissions intensity of 4.92 tCO₂e per millions USD. a

LS Electric's Scope 1 Emissions Intensity Compared to Peers

502,000100,0002,000,000100,000,000Scope 1 Emissions (tCO2e)505002,00020,000100,000Revenues (Millions of USD)EHHHPEEEcoPro MaterialsYear: 2024Scope 1: 31,914 tCO2eRevenue: $M 204Scope 1 Intensity: 156.18 tCO2e/$MLG Energy SolutionYear: 2024Scope 1: 355,030 tCO2eRevenue: $M 17,459Scope 1 Intensity: 20.33 tCO2e/$MLIG Nex1Year: 2024Scope 1: 6,327 tCO2eRevenue: $M 2,233Scope 1 Intensity: 2.83 tCO2e/$MEcoProYear: 2024Scope 1: 369 tCO2eRevenue: $M 1,886Scope 1 Intensity: 0.20 tCO2e/$MHHHD Hyundai Marine SolutionYear: 2024Scope 1: 210 tCO2eRevenue: $M 1,190Scope 1 Intensity: 0.18 tCO2e/$MCJYear: 2023Scope 1: 617 tCO2eRevenue: $M 32,286Scope 1 Intensity: 0.02 tCO2e/$MHHHD Hyundai ElectricYear: 2024Scope 1: 6,818 tCO2eRevenue: $M 2,264Scope 1 Intensity: 3.01 tCO2e/$MSamsung SDIYear: 2024Scope 1: 282,108 tCO2eRevenue: $M 11,307Scope 1 Intensity: 24.95 tCO2e/$MSamsung E&AYear: 2023Scope 1: 33,042 tCO2eRevenue: $M 8,315Scope 1 Intensity: 3.97 tCO2e/$MHD Hyundai Construction EquipmentYear: 2023Scope 1: 14,154 tCO2eRevenue: $M 2,993Scope 1 Intensity: 4.73 tCO2e/$MDoosan BobcatYear: 2023Scope 1: 52,458 tCO2eRevenue: $M 7,637Scope 1 Intensity: 6.87 tCO2e/$MHHHD Hyundai MipoYear: 2024Scope 1: 57,110 tCO2eRevenue: $M 3,155Scope 1 Intensity: 18.10 tCO2e/$MKorea Aerospace IndustriesYear: 2024Scope 1: 19,821 tCO2eRevenue: $M 2,476Scope 1 Intensity: 8.00 tCO2e/$MHD Hyundai Heavy IndustriesYear: 2024Scope 1: 309,407 tCO2eRevenue: $M 9,872Scope 1 Intensity: 31.34 tCO2e/$MHanwha AeroSpaceYear: 2024Scope 1: 37,211 tCO2eRevenue: $M 7,660Scope 1 Intensity: 4.86 tCO2e/$MDaewoo E&CYear: 2023Scope 1: 3,928 tCO2eRevenue: $M 9,116Scope 1 Intensity: 0.43 tCO2e/$MHD KSOEYear: 2024Scope 1: 3,201 tCO2eRevenue: $M 17,406Scope 1 Intensity: 0.18 tCO2e/$MGS HoldingsYear: 2023Scope 1: 15,064,399 tCO2eRevenue: $M 20,330Scope 1 Intensity: 740.99 tCO2e/$MLSYear: 2023Scope 1: 228,350 tCO2eRevenue: $M 19,158Scope 1 Intensity: 11.92 tCO2e/$MHanwha SystemsYear: 2024Scope 1: 640 tCO2eRevenue: $M 1,910Scope 1 Intensity: 0.33 tCO2e/$MHyundai Engineering & ConstructionYear: 2023Scope 1: 270,467 tCO2eRevenue: $M 23,204Scope 1 Intensity: 11.66 tCO2e/$MHanwhaYear: 2024Scope 1: 64,480 tCO2eRevenue: $M 37,923Scope 1 Intensity: 1.70 tCO2e/$MPPPosco Future MYear: 2024Scope 1: 1,885,309 tCO2eRevenue: $M 2,521Scope 1 Intensity: 747.71 tCO2e/$MLotte Energy MaterialsYear: 2023Scope 1: 566 tCO2eRevenue: $M 633Scope 1 Intensity: 0.89 tCO2e/$MLS ElectricYear: 2024Scope 1: 15,259 tCO2eRevenue: $M 3,102Scope 1 Intensity: 4.92 tCO2e/$M

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

In 2024, LS Electric reported a Scope 1 emissions intensity of 4.92 tCO₂e per millions USD. Compared to the peer group median of 4.79 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does LS Electric rank on GHG emissions intensity within its industry?

In 2024, LS Electric ranked 14 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

LS Electric is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a

Insights into LS Electric's Total Carbon Footprint

In 2024, LS Electric reported a total carbon footprint of 189,444.003 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 227.03% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to LS Electric's total carbon footprint was Scope 2 emissions, accounting for 78.11% of the company's total carbon footprint, followed by Scope 3 emissions at 13.84%. a

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