LG Electronics Inc., a leading global player in the consumer electronics and home appliances industry, is headquartered in South Korea (KR). Founded in 1958, the company has established itself as a pioneer in innovative technology, with significant operations across North America, Europe, and Asia. Renowned for its diverse product range, LG offers cutting-edge televisions, home appliances, and mobile devices, distinguished by their advanced features and sleek designs. The company has achieved notable milestones, including the development of the world’s first OLED TV, solidifying its position as a market leader. With a commitment to sustainability and smart technology, LG Electronics continues to push the boundaries of innovation, earning accolades for its quality and performance in the competitive electronics landscape.
How does LG Electronics Inc.'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.
Mean score of companies in the Electrical Machinery 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.
LG Electronics Inc.'s score of 21 is higher than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, LG Electronics Inc. reported significant carbon emissions totalling approximately 37781000 kg CO2e for Scope 1, 87706000 kg CO2e for Scope 2, and 240356000 kg CO2e for Scope 3 emissions. This comprehensive data highlights the company's extensive carbon footprint across its operations, with Scope 3 emissions being the largest contributor, primarily driven by purchased goods and services (125492000 kg CO2e) and end-of-life treatment of sold products (83907000 kg CO2e). Despite the detailed emissions reporting, LG Electronics has not disclosed specific reduction targets or initiatives aimed at mitigating these emissions. The absence of documented reduction strategies suggests a need for enhanced climate commitments within the organisation. As a leading player in the electronics industry, LG's climate actions will be crucial in addressing global sustainability challenges and aligning with industry standards for carbon reduction.
Access structured emissions data, company-specific emission factors, and source documents
Get Started2023 | |
---|---|
Scope 1 | 37,781,000 |
Scope 2 | 87,706,000 |
Scope 3 | 240,356,000 |
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.
LG Electronics Inc. is committed to some reduction initiatives 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.