Sustainability Report

Overview

The report describes Lincoln Electric's 2024 sustainability progress, including its first double materiality assessment and first Scope 3 emissions assessment. It highlights global deployment of the Human and Organizational Performance safety philosophy and an 18% reduction in absolute Scope 1 and Scope 2 GHG emissions versus the 2018 baseline. Bureau Veritas UK Ltd. provided limited third-party verification of the Scope 1 and Scope 2 data.

Document

Report type: Sustainability Report
Class: Dedicated
Scope: Full report
Fiscal year: 2024
Period: 1 January 2024 – 31 December 2024
Language: English
Pages
File size

Reporting standards, commitments and assurance details are available with a free account.

Standards

GRI
SASB
TCFD
ISSB
ESRS
Integrated Reporting Framework
GHG Protocol
EU Taxonomy
CDP
Other

Commitments

UN Global Compact
UN Guiding Principles
Science Based Targets initiative

Materiality

Assessment
Basis
Matrix

Assurance

Provider
Level
Standard
Scope
Statement included
Metrics assured

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Overview