Lincoln Electric Holdings Inc 2022 SR
The report highlights Lincoln Electric's progress under its Higher Standard 2025 Strategy, focusing on customer innovation, operational excellence, and employee development. In 2022, the company achieved an 18.9% reduction in Scope 1 and 2 greenhouse gas emissions and a 25% reduction in water usage compared to its 2018 baseline. The company also expanded its automation capabilities through the acquisition of Fori Automation and announced a new 150kW DC fast charger initiative for electric vehicles. Furthermore, Lincoln Electric conducted its first company-wide Sustainability Materiality Assessment and maintained a strong focus on workplace safety, reporting a 15.8% reduction in its Total Recordable Case Rate since 2018.
Company: Lincoln Electric Holdings Inc
Sector: Industrials
Country: United States
Year: 2022
Type: SR
Pages: 59
Lincoln Electric Holdings Inc
Sustainability Report
The report highlights Lincoln Electric's progress under its Higher Standard 2025 Strategy, focusing on customer innovation, operational excellence, and employee development. In 2022, the company achieved an 18.9% reduction in Scope 1 and 2 greenhouse gas emissions and a 25% reduction in water usage compared to its 2018 baseline. The company also expanded its automation capabilities through the acquisition of Fori Automation and announced a new 150kW DC fast charger initiative for electric vehicles. Furthermore, Lincoln Electric conducted its first company-wide Sustainability Materiality Assessment and maintained a strong focus on workplace safety, reporting a 15.8% reduction in its Total Recordable Case Rate since 2018.
Sign in for free to access detailed sustainability data, reporting standards, and ESG metrics.
Document Details
Report Year
2022
Reporting Period
Jan 1, 2022 - Dec 31, 2022
Fiscal Year
2022
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
Sustainable Development Goals
Other Standards
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Water Consumption
Women on Board
Workplace Fatalities
Employees