Lincoln Electric Holdings Inc 2023 SR
The report highlights Lincoln Electric's progress toward its Higher Standard 2025 Strategy, focusing on safety, energy efficiency, and customer-focused innovation. Key achievements in 2023 include a 16% reduction in Scope 1 and 2 emissions and a 25% reduction in water usage compared to a 2018 baseline. The company conducted its first impact materiality assessment and climate scenario analysis aligned with TCFD recommendations. Additionally, Lincoln Electric expanded its automation portfolio and launched the Velion EV charger, supporting the transition to a low-carbon economy.
Company: Lincoln Electric Holdings Inc
Sector: Industrials
Country: United States
Year: 2023
Type: SR
Pages: 77
Lincoln Electric Holdings Inc
Sustainability Report
The report highlights Lincoln Electric's progress toward its Higher Standard 2025 Strategy, focusing on safety, energy efficiency, and customer-focused innovation. Key achievements in 2023 include a 16% reduction in Scope 1 and 2 emissions and a 25% reduction in water usage compared to a 2018 baseline. The company conducted its first impact materiality assessment and climate scenario analysis aligned with TCFD recommendations. Additionally, Lincoln Electric expanded its automation portfolio and launched the Velion EV charger, supporting the transition to a low-carbon economy.
Sign in for free to access detailed sustainability data, reporting standards, and ESG metrics.
Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
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
Renewable Energy
Water Consumption
Women on Board
Workplace Fatalities
Employees