LG Electronics Inc.
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
LG Electronics Inc.'s score of 71 is higher than 85% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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LG Electronics Inc.'s reported carbon emissions
In 2024, LG Electronics Inc. reported total carbon emissions of approximately 72,759,601,000 kg CO2e globally, with emissions distributed across various scopes: 225,000 kg CO2e (Scope 1), 681,000 kg CO2e (Scope 2), and a significant 72,759,601,000 kg CO2e (Scope 3). The combined total for Scope 1 and Scope 2 was about 906,000 kg CO2e. For the previous year, 2023, the company disclosed emissions of approximately 74,773,000 kg CO2e (Scope 1) and 217,159,000 kg CO2e (Scope 2) in South Korea, while globally, emissions were reported as 69,161,568,000 kg CO2e (Scope 3). LG Electronics has set ambitious climate commitments, aiming for a 54.6% reduction in absolute Scope 1 and Scope 2 greenhouse gas emissions by 2030, using 2017 as the base year. This target has been validated by the Science Based Targets initiative (SBTi). Additionally, the company plans to reduce Scope 3 emissions from the use of sold products by 20% per functional unit sold by 2030, based on a 2020 baseline. In a long-term commitment, LG Electronics aims to transition to 100% renewable energy by 2050. Near-term initiatives include a complete shift to electric or hydrogen vehicles for business operations in Korea by 2030 and a 50% reduction in carbon emissions during the production phase by 2030 compared to 2017 levels. These commitments reflect LG Electronics' dedication to sustainability and its proactive approach to addressing climate change, aligning with global efforts to limit warming to 1.5°C.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 1,105,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 828,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000 | 000,000 | 000,000 |
| Scope 3 | - | - | - | - | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
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.
LG Electronics Inc. is participating in some 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.
