In 2024, LS 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, LS has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 218,537a | 228,697a | 244,553a | |
Total Scope 2 | ||||
Unspecified Calculation Method | 424,865a | 439,031a | 470,041a | |
Total Scope 3 | N/A | N/A | N/A | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 11.6421a | 11.9375a | 17.6202a |
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In 2024, the total operational greenhouse gas (GHG) emissions of LS amounted to 643,402 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 decreased by 3.64%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
In 2024, the total Scope 1 emissions of LS were 218,537 metric tons of CO₂ equivalent (tCO₂e).a
Since 2021, LS's Scope 1 emissions have decreased by 16.03%, reflecting a declining long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2023), LS's Scope 1 emissions decreased by 4.44%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2024, LS reported Scope 2 greenhouse gas (GHG) emissions of 424,865 tCO₂e without specifying the calculation method.a
Since 2021, LS's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have remained relatively stable, indicating that LS's emissions have plateaued with no significant change in its energy consumption footprint.ab
Compared to the previous year (2023), LS's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that LS's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2024, LS reported its Scope 2 emissions using an unspecified methodology.a
In 2024, LS reported Scope 1 greenhouse gas (GHG) emissions of 218,537 tCO₂e and total revenues of USD 18,771 millions. This translates into an emissions intensity of 11.64 tCO₂e per millions USD.a
In 2024, LS reported a Scope 1 emissions intensity of 11.64 tCO₂e per millions USD. Compared to the peer group median of 4.75, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, LS ranked 18 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
LS is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a