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.
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.
Mean score of companies in the Electricity from Other Sources 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.
LG Corp's score of 28 is higher than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, LG Corp reported total carbon emissions of approximately 17,820,000 kg CO2e from Scope 1 and Scope 2 sources, alongside a significant Scope 3 emission total of about 15,674,000,000 kg CO2e. This indicates a continued reliance on upstream activities, with Scope 3 emissions primarily driven by purchased goods and services, which accounted for about 13,179,000,000 kg CO2e. In the previous year, 2022, LG Corp's emissions were approximately 19,365,000,000 kg CO2e for Scope 1 and Scope 2, with Scope 3 emissions at about 3,776,000,000 kg CO2e. This reflects a notable increase in Scope 3 emissions, suggesting a growing impact from their supply chain and operational activities. Over the years, LG Corp has shown fluctuations in its emissions, with Scope 1 emissions peaking at about 8,186,000,000 kg CO2e in 2021 and Scope 2 emissions reaching approximately 13,567,000,000 kg CO2e in the same year. The company has not publicly committed to specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges, indicating a potential area for future focus in their sustainability strategy. Overall, LG Corp's emissions data highlights the importance of addressing both direct and indirect emissions as part of their climate commitments, particularly in the context of global efforts to mitigate climate change.
Access structured emissions data, company-specific emission factors, and source documents
2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|
Scope 1 | 848,770 | 000,000 | 000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Scope 2 | 849,000 | 000,000 | 000,000 | 00,000,000,000 | 00,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Scope 3 | - | - | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 00,000,000,000 |
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 Corp is not committed to any 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.