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LG Electronics Inc., a prominent player in the electrical machinery and apparatus sector, is headquartered in South Korea (KR). Founded in 1958, the company has established itself as a leader in consumer electronics, home appliances, and mobile communications, continually innovating to meet the evolving needs of its global customer base.
With a strong presence in major operational regions including North America, Europe, and Asia, LG Electronics is renowned for its cutting-edge products such as OLED televisions, smart home appliances, and advanced mobile devices. The company’s commitment to sustainability and technological advancement sets it apart in a competitive market.
Notable achievements include numerous awards for design and innovation, solidifying LG's position as a trusted brand. As a key player in the electrical machinery industry, LG Electronics continues to shape the future of technology with its unique offerings and customer-centric approach.
+29 vs industry average
LG Electronics Inc.’s score of 59 is higher than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Electrical Machinery Manufacturing has above-average carbon intensity
The Electrical Machinery Manufacturing industry has reduced its overall emissions by 42% since 2018
Scope 3 accounts for ••• of total emissions.
LG Electronics Inc., headquartered in KR, reported its 2024 Scope 1 emissions as 225,000,000 kg CO2e, Scope 2 emissions as 681,000,000 kg CO2e, and Scope 3 emissions as 72,759,601,000 kg CO2e. For 2023, Scope 1 emissions were 209,000,000 kg CO2e, Scope 2 emissions were 665,000,000 kg CO2e, and Scope 3 emissions totalled 69,161,568,000 kg CO2e. Looking back to 2022, Scope 1 emissions were 265,000,000 kg CO2e, Scope 2 emissions were 662,000,000 kg CO2e, and Scope 3 emissions were 63,837,944,000 kg CO2e.
LG Electronics is committed to several climate goals. The company aims for carbon neutrality by 2030, with a long-term goal of completing a transition to 100% renewable energy by 2050. They have a near-term Science Based Target initiative (SBTi) validated target to reduce absolute Scope 1 and 2 GHG emissions by 54.6% by 2030, compared to a 2017 base year. Additionally, they plan to reduce Scope 3 GHG emissions from the use of sold products by 20% per functional unit sold by 2030, with a 2020 base year. The company also intends to reduce the GHG emission intensity of seven major product categories by 20% by 2030 compared to 2020.
2030
54.6% reduction in Scope 1
LG Electronics Inc. commits to reduce absolute scope 1 and scope 2 GHG emissions 54.6% by 2030 from a 2017 base year.
2030
54.6% reduction in Scope 2
LG Electronics Inc. commits to reduce absolute scope 1 and scope 2 GHG emissions 54.6% by 2030 from a 2017 base year.
2030
20% reduction in scope 3 total
LG Electronics Inc. also commits to reduce scope 3 GHG emissions from use of sold products 20% per functional unit sold by 2030 from a 2020…
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PCAF scored Scope 1, 2 and 3 for 2M+ organizations, including private ones.
Common questions about LG Electronics Inc.’s sustainability data and climate commitments
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