SUSTAINABILITY HIGHLIGHTS
SAFETY
2025 Goal: 52% Reduction in Total Recordable Case Rate (TRCR)
GHG EMISSIONS
2025 Goal: 10% Reduction in Scope 1 and 2 GHG emissions
ENERGY INTENSITY1
2025 Goal: 16% Reduction
RECYCLING
2025 Goal: 80% Rate
LANDFILL AVOIDANCE
2025 Goal: 97% Rate
WATER USAGE
2025 Goal: 14% Reduction
- Energy intensity is calculated as total energy consumption/total labor hours worked.
Managing esg
Our Board of Directors recognizes the importance of aligning our goals, including those related to sustainability, with the interests of our key stakeholders. Accordingly, the Board's oversight responsibility for Environmental, Social, and Governance (ESG) matters is reflected in our Governance Guidelines. The Board's oversight role includes reviewing our progress towards our long-term safety and sustainability metrics and our other sustainability initiatives. We also have safety and sustainability goals incorporated into the annual performance goals of the CEO and other executives.
Dear Stakeholders,
For 130 years, Lincoln Electric has been at the forefront of advancing metal fabrication technologies to improve the quality, safety and productivity of our customers' operations. As the global leader in arc welding solutions, we have a long-standing commitment to advance innovation and sustainability in our business and across manufacturing to help the industry build a better world.