LG Corp, officially known as LG Corporation, is a leading player in the electrical machinery and apparatus sector, headquartered in South Korea (KR). Founded in 1947, the company has evolved significantly, marking key milestones in innovation and technology.
With a diverse portfolio, LG Corp focuses on areas such as consumer electronics, home appliances, and advanced materials, setting itself apart through cutting-edge design and energy efficiency. The company is renowned for its commitment to sustainability and smart technology, positioning itself as a frontrunner in the global market.
Notable achievements include its strong presence in major operational regions across Asia, North America, and Europe, where it consistently ranks among the top manufacturers in its industry. LG Corp's dedication to quality and innovation continues to drive its success and reputation worldwide.
+5 vs industry average
LG Corp’s score of 42 is higher than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Electrical Machinery Manufacturing has below-average carbon intensity
Industry performance
The Electrical Machinery Manufacturing industry has reduced its overall emissions by 42% since 2018
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
LG Corp's reported carbon emissions
LG Corp, headquartered in South Korea and operating in the electrical machinery and apparatus sector, has established comprehensive climate commitments aiming for net-zero emissions by 2050. For its reporting year 2024, LG Corp reported Scope 1 emissions of approximately 5.89 billion kg CO2e and Scope 2 emissions of approximately 5.83 billion kg CO2e. In 2023, the company's Scope 1 emissions were approximately 5.40 billion kg CO2e, with Scope 2 emissions at approximately 6.03 billion kg CO2e.
The company's most comprehensive emissions data, including Scope 3, was reported for the 2022 and 2021 reporting years. For 2022, LG Corp reported Scope 1 emissions of approximately 5.91 billion kg CO2e, Scope 2 emissions of approximately 6.19 billion kg CO2e, and Scope 3 emissions of approximately 4.76 billion kg CO2e. This Scope 3 total includes approximately 3.97 billion kg CO2e from purchased goods and services, approximately 769 million kg CO2e from upstream transportation and distribution, and approximately 21 million kg CO2e from business travel. For 2021, Scope 1 emissions were approximately 8.19 billion kg CO2e, Scope 2 emissions were approximately 13.57 billion kg CO2e, and Scope 3 emissions were approximately 4.76 billion kg CO2e.
LG Corp's climate strategy includes ambitious reduction targets. LG Group aims to reduce total Scope 1 and 2 emissions by 34% by 2030 and by 52% by 2040, with a long-term goal of achieving net-zero by 2050. These targets are based on a 2018 baseline year. The company has an integrated roadmap for achieving net-zero by 2050, aligning with national carbon neutrality goals. While specific year-on-year reduction percentages are not detailed, the company is considered on track for its near-term Scope 1 and Scope 2 reduction targets for 2030 and on track for its long-term five-year reduction targets.
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LG Corp’s Climate Goals (2030 & 2050)
6 goals2040
52% reduction in Scope 2
LG Group aims to reduce the total Scope 1 and 2 emissions of its seven major domestic and overseas affiliates by 34% by 2030 and by 52% by 2…
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
See all 6 climate goals
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Scope 3 top emissions categories
3 of 15 categories disclosedSee all scope 3 categories
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Emissions comparison with industry peers
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