LG Corp Sustainability Profile
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.
DitchCarbon Score
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.
Industry Average
Mean score of companies in the Electrical Machinery Manufacturing 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 Corp's score of 52 is higher than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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LG Corp's reported carbon emissions
In 2024, LG Corp reported total emissions of approximately 11.7 billion kg CO2e, comprising about 5.9 billion kg CO2e from Scope 1 and about 5.8 billion kg CO2e from Scope 2. This marks a slight increase from 2023, where total emissions were approximately 11.4 billion kg CO2e, with Scope 1 at about 5.4 billion kg CO2e and Scope 2 at about 6.0 billion kg CO2e. LG Corp has set ambitious climate commitments, aiming for a 34% reduction in total Scope 1 and 2 emissions by 2030, with a further target of 52% reduction by 2040, using 2018 as the base year. The company is committed to achieving net-zero emissions by 2050 across all scopes. These targets reflect LG's long-term strategy to enhance sustainability and reduce its carbon footprint in alignment with global climate goals. The emissions data is not cascaded from any parent organization, indicating that LG Corp's reporting is independent. The company continues to focus on improving its environmental performance and transparency in emissions reporting.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 9,146,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 12,181,000,000 | 00,000,000,000 | 00,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | 3,158,000,000 | 0,000,000,000 | 0,000,000,000 | - | - | - |
How Carbon Intensive is LG Corp's Industry?
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LG Corp's Scope 3 Categories Breakdown
LG Corp's Scope 3 emissions, which decreased by 28% last year and increased by approximately 51% since 2019, demonstrating supply chain emissions tracking. Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 18% of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 83% of Scope 3 emissions.
Top Scope 3 Categories
LG Corp's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
LG Corp has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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