LG Corp

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.