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 56 is higher than 97% 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 total greenhouse gas emissions of approximately 209,000,000 kg CO2e for Scope 1 and 665,000,000 kg CO2e for Scope 2, resulting in a combined total of about 874,000,000 kg CO2e for these scopes. Additionally, the company disclosed significant Scope 3 emissions, amounting to approximately 210,675,399,000 kg CO2e, which includes emissions from the use of sold products and other categories. LG Electronics 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. Furthermore, the company is committed to reducing Scope 3 emissions from the use of sold products, specifically televisions, by 20% per functional unit sold by 2030, based on a 2020 baseline. This commitment extends to all other sold products, targeting a similar 20% reduction per unit sold within the same timeframe. These targets align with the Science Based Targets initiative (SBTi) and are designed to contribute to global efforts to limit temperature rise to 1.5°C. LG Electronics continues to focus on sustainability and reducing its carbon footprint as part of its corporate responsibility strategy.
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 participating in some of the initiatives that 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.