Lg
LG Corporation, commonly known as LG, is a South Korean multinational conglomerate headquartered in Seoul, South Korea (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 mobile communications, which are distinguished by cutting-edge technology and sleek design. LG's commitment to sustainability and smart technology has positioned it as a market leader, particularly in the areas of OLED displays and energy-efficient appliances. With numerous accolades for product excellence and a robust global market share, LG continues to set benchmarks in quality and innovation, solidifying its reputation as a trusted brand in the competitive landscape of modern technology.
DitchCarbon Score
How does Lg'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 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's score of 56 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Lg's reported carbon emissions
In 2023, LG Electronics reported total greenhouse gas emissions of approximately 209,000,000 kg CO2e for Scope 1 and 665,000,000 kg CO2e for Scope 2, with significant Scope 3 emissions reaching about 70,225,133,000 kg CO2e. This reflects the company's ongoing commitment to addressing climate change. LG has set ambitious targets to reduce its carbon footprint, committing to a 54.6% reduction in absolute Scope 1 and 2 emissions by 2030, using 2017 as the base year. Additionally, the company aims to decrease Scope 3 emissions from the use of sold products by 20% per functional unit sold by 2030, based on 2020 levels. These targets align with the Science Based Targets initiative (SBTi) and are designed to support global efforts to limit temperature rise to 1.5°C. Overall, LG Electronics is actively working towards significant emissions reductions, demonstrating its commitment to sustainability and climate responsibility.
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 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.
