LS ELECTRIC Co., Ltd

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023, 2021, 2018

In its 2023 reporting, LS ELECTRIC Co., Ltd disclosed greenhouse gas emissions of 31.5K tCO2e/year. By scope: Scope 1: 4.5K tCO2e/year; Scope 2: 27.0K tCO2e/year; Scope 3: 26.4K tCO2e/year. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.

💨
GHG Emissions
31.5K tCO2e/year
2023
💧
Water Usage
146.4K m3/year
2023
♻️
Waste
3.7K tons/year
2023
⚙️
Energy Use
650.4 TJ/year
2023

📊 Emissions by Scope (2023)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).4.5K tCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.27.0K tCO2e/year
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).26.4K tCO2e/year

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
202331.5K tCO2e/year
202135.1K tCO2eq/year
2018623.3K tCO2e/year

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Expand renewable energy usage by 5%
  • Broaden the scope of Scope 3 emissions management

📅 Medium-term

  • Change 100% of company cars to eco-friendly vehicles
  • Support the establishment of a supply chain carbon emission management system and reduction activities
  • Boost renewable energy use to 60%

🔭 Long-term

  • Achieve carbon neutrality by 2040
  • Achieve 100% renewable energy by 2040

🌱 ESG Focus Areas

Eco-friendly management for carbon neutralityCreating a safe and happy working environmentEthical, transparent, and responsible management

⚠️ Challenges & Risks +

  • Climate change risks (natural disasters, temperature rise, stricter regulations)
  • Transition risks (ESG disclosure obligations, carbon and GHG emission regulations, product/service regulations)
  • Market risks (rising energy prices, increased renewable energy demand)

📋 Report Information

Reporting Period: 2023
Frameworks: GRI Standards 2021, UN Sustainable Development Goals (SDGs), TCFD, SASB
Assurance: Korean Foundation for Quality