Lincoln Electric
Lincoln Electric, officially known as Lincoln Electric Company, is a leading global manufacturer of welding products, headquartered in the United States. Founded in 1895, the company has established a strong presence in North America, Europe, and Asia, becoming a key player in the welding and cutting industry. Specialising in arc welding equipment, consumables, and automation solutions, Lincoln Electric is renowned for its innovative technologies and commitment to quality. The company’s core offerings include welding machines, electrodes, and robotic welding systems, which are designed to enhance productivity and efficiency in various industrial applications. With a rich history of milestones, including the introduction of the first electric arc welding machine, Lincoln Electric has consistently maintained a strong market position. Its dedication to research and development has earned it numerous accolades, solidifying its reputation as a trusted partner in the welding sector.
DitchCarbon Score
How does Lincoln Electric's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Electricity from Other Sources industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Lincoln Electric's score of 32 is higher than 77% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Lincoln Electric's reported carbon emissions
In 2023, Lincoln Electric reported total greenhouse gas (GHG) emissions of approximately 69,164,000 kg CO2e for Scope 1 and about 123,924,000 kg CO2e for Scope 2. This represents a significant commitment to reducing emissions, as the company achieved a 16% reduction in absolute Scope 1 and 2 GHG emissions compared to its 2018 baseline. This reduction is attributed to ongoing investments in energy efficiency projects within its operations. Looking ahead, Lincoln Electric has set a target to reduce its Scope 1 and 2 GHG emissions by 10% from 2018 levels by 2025. This commitment underscores the company's dedication to sustainability and climate action, aligning with industry standards for emissions reduction. Overall, Lincoln Electric's proactive approach to managing its carbon footprint reflects a broader trend in the manufacturing sector, where companies are increasingly prioritising environmental responsibility and striving for measurable reductions in emissions.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 54,806,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 186,860,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - | - | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Lincoln Electric is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
