Lincoln Electric supports the United Nations 2030 Agenda for Sustainable Development. Our approach is to incorporate sustainability considerations into our operations, product design and community engagement initiatives to help contribute to meeting the UN Sustainable Development Goals (SDGs). In addition to our longstanding commitment to continuous improvement, in 2015, we established four environmental, health and safety performance goals as part of our "2020 Vision & Strategy". These goals reflect our support of SDGs in areas that most directly relate to our business, our long-term 2020 strategy, and where we believe we can add value.


The table below highlights the SDGs where we are working to make a positive impact.

Sustainable Development Goals

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No Poverty (SDG1)

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ZERO Hunger (SDG2)

Our local employee volunteerism and grants from the Lincoln Electric Foundation have a direct impact on alleviating poverty and ending hunger in our communities where we operate, which aligns with the UN’s goal to end poverty and hunger and achieve food security everywhere.
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Good Health and Well-Being (SDG3)

Health and safety is our top priority at Lincoln Electric and we are committed to ensuring the safety and well-being of our employees, our communities, our supply chain and our customers when using our products. Our goal is to reduce our TRCR safety metric by over 50% by 2025 (vs. 2018 baseline). In addition, the Lincoln Electric Foundation supports nonprofits in the healthcare sector with grants to promote research and to support services and financial assistance to patients and their families.
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Quality Education (SDG4)

We actively promote access to quality education and development opportunities to our employees, our communities and to our customers. We also support students through scholarships, experiential learning opportunities and training and development programs. Education has been a priority at Lincoln Electric. Since 1917, we have been the industry leader in welding education with the longest running welding school in the world. We continue to expand our educational offering to help address the global skills gap in our industry and support the development of industry-ready welders. We have opened new schools which promote the advancement of welding skills in the U.S. and Germany and we remain committed to supporting World Skills and play an active leadership role on IIW’s (International Institute of Welding) Commission XIV on education.
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Gender Equality (SDG5)

Our Code of Conduct and Ethics and our commitment to diversity and inclusion promotes gender equality in our global organization and within our supply chain.
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Clean Water and Sanitation (SDG6)

We strive to conserve natural resources and reduce the water consumption of our operations. We target a 14% reduction in water use by 2025 (vs. 2018 baseline).
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Decent Work and Economic Growth (SDG8)

Our operations follow applicable labor, health and safety standards and we ensure appropriate compensation to all of our employees. We encourage our suppliers to meet our standards as well as outlined in our Supplier Code of Conduct. Our expansive educational offering and industry-leading Welding Technology & Training Center supports companies, governments, academic institutions, and individuals to learn and advance their welding skills and processes to ensure a ready talent pipeline. We also work with nonprofit organizations in our communities to support local economic and skills development programs. Our products are used in infrastructure projects, urban development, as well as in the manufacture of a vast array of products and vehicles around the world to support economic growth.
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Industry, Innovation and Infrastructure (SDG9)

We are leading innovators in our space to ensure our solutions are the most productive, efficient and safe in use. Our solutions and application experts are critical inputs in the upgrade and build of infrastructure, energy projects, including renewable energy projects such as wind and hydropower, and we support the manufacture of diverse products. In 2020, approximately, 15% to 20% of our revenue was generated from solutions supporting construction infrastructure applications (non-energy) and renewables (EV, wind turbines, etc.).

To improve the efficiency, productivity and ease of use of our products, we invest approximately 2% of sales annually on research and development to drive innovation a healthy “vitality index” of sales. Our investments drive solutions that are more energy efficient, safer, provide greater diagnostics and are more productive for our customers. One key measure of our innovation is our Vitality Index, which is approximately 31% of sales (Vitality Index represents the percent of annual sales from new products launched within the last five years.)
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Responsible
Consumption
and Production
(SDG12)

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Climate Action
(SDG13)

Maintaining the health and safety of our employees, customers and neighbors is a top priority for our organization, as is lowering our carbon footprint. We focus on operational excellence and reducing our greenhouse gas emissions, improving our energy intensity and re-use and recycling of waste, as well as minimizing use of fresh water and other natural resources.

In 2020, 49.5% of our electrical energy needs were generated from renewable and clean energy sources and we evaluate opportunities to increase the mix over time.

We exceeded our 2020 goals (vs. 2011 baseline) to reduce greenhouse gas emissions by 15% and increased our recycling rate above our 70% target. While absolute energy use declined, we did not meet our 30% reduction in energy intensity in 2020 due to lower hours worked that year due to the COVID-19 pandemic.

Our 2025 goals (vs. 2018 baseline) target reducing greenhouse gas emissions by 10%; reducing energy intensity by 16%; increasing the re-use and recycling rate to 80% and diverting 97% of permissible waste from landfills; as well as reducing water consumption by 14%.
SDGs

The member states of the United Nations adopted the Sustainable Development Goals (SDGs) in 2015. These include 17 goals with 169 targets that comprise a new sustainable development program intended to end poverty, protect the plant and ensure prosperity. To learn more about the UN SDGs, please visit their site.