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 32 is lower than 46% 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 above-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, is committed to achieving net-zero emissions by 2050. The company has established an integrated roadmap for this long-term goal.
For 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 the preceding year, 2023, Scope 1 emissions were approximately 5.40 billion kg CO2e, and Scope 2 emissions were around 6.03 billion kg CO2e. In 2022, Scope 1 emissions totalled approximately 5.91 billion kg CO2e, with Scope 2 emissions at about 6.19 billion kg CO2e.
LG Group has set specific reduction targets for its seven major domestic and overseas affiliates, with a base year of 2018. The aim is to reduce total Scope 1 and 2 emissions by 34% by 2030 and by 52% by 2040, ultimately leading to net-zero by 2050. As of the reporting period analysed, the company was considered on track for its 2030 Scope 1 reduction target and for its 2040 Scope 2 reduction target.
The company's 2021 data included Scope 3 emissions, which totalled approximately 4.76 billion kg CO2e. This Scope 3 figure was comprised of purchased goods and services (around 3.97 billion kg CO2e), upstream transportation and distribution (approximately 0.77 billion kg CO2e), and business travel (about 21 million kg CO2e). In 2020, Scope 3 emissions were approximately 6.64 billion kg CO2e, with purchased goods and services accounting for about 5.85 billion kg CO2e, upstream transportation and distribution at approximately 0.77 billion kg CO2e, and business travel at around 22 million kg CO2e. For 2019, Scope 3 emissions were reported at approximately 3.16 billion kg CO2e, with purchased goods and services making up about 2.32 billion kg CO2e, upstream transportation and distribution at approximately 0.77 billion kg CO2e, and business travel at about 71 million kg CO2e. LG Corp also reported Scope 3 emissions data was missing for "purchased goods and services" in its 2022, 2023, and 2024 reporting.
LG Corp's emissions data is not cascaded from a parent organisation.
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LG Corp’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
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.
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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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LG Corp
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