LG Electronics Inc.

LG Electronics Inc., headquartered in KR and operating in the Electrical machinery and apparatus n.e.c. industry, reported a total of approximately 73.6 billion kg CO2e in emissions for 2024. This figure encompasses Scope 1, Scope 2, and Scope 3 emissions.

In 2024, Scope 1 emissions were approximately 225 million kg CO2e, and Scope 2 emissions were approximately 681 million kg CO2e. The majority of the company's emissions stem from Scope 3, which totalled approximately 72.8 billion kg CO2e. Within Scope 3, the use of sold products was the most significant contributor, accounting for roughly 65.1 billion kg CO2e. Other notable Scope 3 categories include purchased goods and services (approximately 2.47 billion kg CO2e) and upstream transportation and distribution (approximately 1.36 billion kg CO2e).

LG Electronics has established several climate commitments, including a target to reduce absolute Scope 1 and Scope 2 greenhouse gas (GHG) emissions by 54.6% by 2030, using 2017 as a base year. This target has been validated by the Science Based Targets initiative (SBTi). The company also aims for a 20% reduction in GHG emission intensity per functional unit for the product use stage by 2030 compared to 2020 levels, also verified by SBTi. Furthermore, LG Electronics is committed to a long-term goal of achieving net-zero emissions by 2050. To support these goals, they are actively investing in reduction facilities, improving energy efficiency, and replacing old equipment with more efficient alternatives. They also plan to achieve carbon neutrality by 2030 through process improvements, the introduction of energy-saving technologies, the use of renewable energy, and the purchase of UN carbon credits.