Lakshmi Machine Works
Lakshmi Machine Works (LMW), headquartered in Coimbatore, India, is a leading player in the textile machinery and engineering sectors. Established in 1962, LMW has consistently innovated, becoming a trusted name in the manufacturing of high-quality textile spinning machines and precision engineering components. With a strong presence in both domestic and international markets, LMW's core offerings include a diverse range of spinning machinery, automatic winding machines, and CNC machine tools. Their commitment to quality and technological advancement sets them apart in the industry. Recognised for their excellence, LMW has achieved significant milestones, including numerous awards for innovation and quality. As a pioneer in the textile machinery sector, Lakshmi Machine Works continues to shape the future of textile manufacturing with its cutting-edge solutions and robust market position.
DitchCarbon Score
How does Lakshmi Machine Works's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Textile Manufacturing industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Lakshmi Machine Works's score of 17 is higher than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Lakshmi Machine Works's reported carbon emissions
In 2023, Lakshmi Machine Works reported total carbon emissions of approximately 5,638,410 kg CO2e for Scope 1 and about 19,052,640 kg CO2e for Scope 2. This indicates a combined total of around 24,691,050 kg CO2e for these two scopes. The company has set ambitious climate commitments, aiming to offset 100% of its energy consumption with renewable energy by 2030 for both Scope 1 and Scope 2 emissions. This initiative is part of their broader strategy to reduce net emissions by closely monitoring energy usage. In 2022, the emissions were approximately 6,703,330 kg CO2e for Scope 1 and about 26,845,240 kg CO2e for Scope 2, reflecting a total of around 33,548,570 kg CO2e. The company is actively working towards achieving its targets, with a focus on renewable energy integration to mitigate its carbon footprint. For 2024, while specific emissions data is not yet available, the company continues to track its energy consumption and maintain its commitment to sustainability. Lakshmi Machine Works is dedicated to enhancing its environmental performance and contributing to climate action through these initiatives.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 6,703,330 | 0,000,000 |
| Scope 2 | 26,845,240 | 00,000,000 |
| Scope 3 | - | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Lakshmi Machine Works is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
