Public Profile

Lg Chem

LG Chem, officially known as LG Chemical Ltd., is a leading South Korean company headquartered in Seoul, South Korea (KR). Founded in 1947, LG Chem has established itself as a key player in the global chemical industry, with major operational regions across Asia, Europe, and North America. The company primarily focuses on petrochemicals, advanced materials, and life sciences, offering a diverse range of products including batteries, plastics, and pharmaceuticals. Notable for its innovative approach, LG Chem has made significant strides in battery technology, particularly in electric vehicle (EV) batteries, positioning itself as a market leader. The company has achieved numerous milestones, including partnerships with major automotive manufacturers and advancements in sustainable materials. With a commitment to research and development, LG Chem continues to drive growth and maintain its competitive edge in the ever-evolving chemical landscape.

DitchCarbon Score

How does Lg Chem'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.

36

Industry Average

Mean score of companies in the Chemicals 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.

14

Industry Benchmark

Lg Chem's score of 36 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.

97%

Lg Chem's reported carbon emissions

In 2023, LG Chem reported total carbon emissions of approximately 8,129,037,000 kg CO2e in South Korea, comprising 5,032,008,000 kg CO2e from Scope 1 and 3,097,029,000 kg CO2e from Scope 2. Additionally, the company recorded significant Scope 3 emissions of about 11,471,953,000 kg CO2e, primarily from purchased goods and services. LG Chem has committed to achieving net-zero emissions across all scopes by 2050, with a long-term target set in 2023. This commitment aligns with the Science Based Targets initiative (SBTi), indicating a structured approach to reducing greenhouse gas emissions. The company is actively working towards these goals, having previously been a member of the Business Ambition for 1.5°C initiative, although some commitments have been removed. Overall, LG Chem's emissions data reflects a substantial focus on sustainability and climate responsibility, with ongoing efforts to reduce their carbon footprint in the chemical industry.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

201820192020202120222023
Scope 1
5,317,349,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
Scope 2
3,781,224,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
Scope 3
-
-
0,000,000,000
0,000,000,000
0,000,000,000
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Lg Chem's primary industry is Chemicals nec, which is medium in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Lg Chem is headquartered in KR, which we do not have grid emissions data for.

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 Chem 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers