Lincoln Electric Holdings Inc 2021 SR

The report outlines Lincoln Electric's Higher Standard 2025 Strategy, focusing on customer value, innovative solutions, employee development, and operational excellence. Key highlights from 2021 include an 18% reduction in Scope 1 and 2 greenhouse gas emissions and a 21% reduction in water usage compared to a 2018 baseline. The company launched its first printable sustainability report aligned with SASB standards and introduced a new VP of Environmental, Health, Safety & Sustainability. Significant investments were made in automation and EV charging systems to support the energy transition. Additionally, the company achieved a 33% Vitality Index score, reflecting its commitment to innovation through new product sales.

Company: Lincoln Electric Holdings Inc

Sector: Industrials

Country: United States

Year: 2021

Type: SR

Pages: 60

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Lincoln Electric Holdings Inc

Lincoln Electric Holdings Inc 2021 Sustainability Report

Sustainability Report

The report outlines Lincoln Electric's Higher Standard 2025 Strategy, focusing on customer value, innovative solutions, employee development, and operational excellence. Key highlights from 2021 include an 18% reduction in Scope 1 and 2 greenhouse gas emissions and a 21% reduction in water usage compared to a 2018 baseline. The company launched its first printable sustainability report aligned with SASB standards and introduced a new VP of Environmental, Health, Safety & Sustainability. Significant investments were made in automation and EV charging systems to support the energy transition. Additionally, the company achieved a 33% Vitality Index score, reflecting its commitment to innovation through new product sales.

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Document Details

Report Year

2021

Reporting Period

Jan 1, 2021 - Dec 31, 2021

Fiscal Year

2021

Type

Sustainability Report

Language

English

Pages

 

File Size

 

Standards & Assurance

Reporting Standards

Materiality Assessment

Sustainable Development Goals

Other Standards

ESG Data?Experimental — AI-extracted data, may contain inaccuracies

Emissions

Scope 1:

Scope 2:

Energy Consumption

Renewable Energy

Water Consumption

Women on Board

Workplace Fatalities

Employees