LG Corp, officially known as LG Corporation, is a South Korean multinational conglomerate headquartered in Seoul, KR. Founded in 1947, LG has evolved into a leading player in the electronics, chemicals, and telecommunications industries, with a strong presence across Asia, North America, and Europe. The company is renowned for its innovative core products, including home appliances, consumer electronics, and advanced display technologies. LG's commitment to sustainability and cutting-edge design sets its offerings apart in a competitive market. Notable achievements include pioneering OLED technology and maintaining a strong market position in the home appliance sector. With a rich history of milestones, LG Corp continues to drive progress and excellence, making it a key contributor to the global economy and a trusted name in households worldwide.
How does LG Corp'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 Electricity from Other Sources 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 Corp's score of 28 is higher than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, LG Corp reported total carbon emissions of approximately 19,740,000,000 kg CO2e, comprising 1,782,000,000 kg CO2e from Scope 1, 2,049,000,000 kg CO2e from Scope 2, and a significant 15,674,000,000 kg CO2e from Scope 3 emissions. This marks a notable increase in Scope 3 emissions compared to previous years, reflecting the company's extensive supply chain and operational impacts. In 2022, LG Corp's emissions were about 19,360,000,000 kg CO2e, with Scope 1 emissions at 1,954,000,000 kg CO2e, Scope 2 at 2,068,000,000 kg CO2e, and Scope 3 at 3,776,000,000 kg CO2e. The company has shown a commitment to transparency by disclosing emissions across all three scopes, although no specific reduction targets or initiatives have been outlined in their recent reports. The emissions data from 2020 to 2021 indicates a trend of high emissions, with 2021 reporting approximately 21,754,000,000 kg CO2e, driven largely by Scope 1 and 2 emissions. Despite the lack of formal reduction targets, LG Corp's ongoing efforts to monitor and report emissions reflect an awareness of their environmental impact and a commitment to sustainability. Overall, LG Corp's emissions profile highlights the challenges faced by large corporations in managing carbon footprints, particularly in Scope 3 emissions, which often represent the largest share of total emissions. The company continues to engage in climate commitments, although specific reduction strategies remain unspecified.
Access structured emissions data, company-specific emission factors, and source documents
2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|
Scope 1 | 848,770 | 000,000 | 000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Scope 2 | 849,000 | 000,000 | 000,000 | 00,000,000,000 | 00,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Scope 3 | - | - | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 00,000,000,000 |
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 Corp is not committed to any 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.