Lincoln Electric Holdings Inc 2023 Sustainability Report
Company: Lincoln Electric Holdings Inc
Sector: Manufacturing
Country: United States
Year: 2023
Type: Sustainability Report
Pages: 77
The report highlights Lincoln Electric's 2023 progress against its Higher Standard 2025 sustainability goals, including a 16% reduction in absolute Scope 1 and 2 GHG emissions from the 2018 baseline and a 25% reduction in water use. It describes the company's first impact materiality assessment and climate scenario analysis aligned with TCFD recommendations. The report also records 4.2% renewable energy, 76.5% waste recycling, and employee development measured at 7.7 average training hours per employee.
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