LG Electronics Inc., a leading global player in the consumer electronics and home appliances industry, is headquartered in South Korea (KR). Founded in 1958, the company has established itself as a pioneer in innovative technology, with significant operations across North America, Europe, and Asia. Renowned for its diverse product range, LG offers cutting-edge televisions, home appliances, and mobile devices, distinguished by their advanced features and sleek designs. The company has achieved notable milestones, including the development of the world’s first OLED TV, solidifying its position as a market leader. With a commitment to sustainability and smart technology, LG Electronics continues to push the boundaries of innovation, earning accolades for its quality and performance in the competitive electronics landscape.
How does LG Electronics Inc.'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 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.
LG Electronics Inc.'s score of 51 is higher than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, LG Electronics Inc. reported Scope 1 emissions of approximately 74,773,000 kg CO2e and Scope 2 emissions of about 217,159,000 kg CO2e in South Korea. The company has set ambitious climate commitments, aiming to reduce its absolute Scope 1 and Scope 2 greenhouse gas emissions by 54.6% by 2030, using 2017 as the base year. Additionally, LG Electronics is committed to reducing Scope 3 emissions from the use of sold products by 20% per functional unit sold by 2030, with a 2020 base year for this target. The company's emissions data reflects a consistent effort to monitor and manage its carbon footprint, although specific figures for Scope 3 emissions were not disclosed for the latest year. LG's targets align with the Science Based Targets initiative (SBTi), which supports the goal of limiting global warming to 1.5°C. These commitments demonstrate LG Electronics' dedication to sustainability and its proactive approach to addressing climate change within the consumer durables sector.
Access structured emissions data, company-specific emission factors, and source documents
2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Scope 1 | 604,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 2 | 869,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 3 | - | - | 00,000,000,000 | 00,000,000,000 | 000,000,000,000 |
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 Electronics Inc. is committed to some 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.