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Electrical Machinery Manufacturing
KR
updated 3 days ago

LG Electronics Inc.

Company website

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.

DitchCarbon Score

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.

92

Industry Average

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.

27

Industry Benchmark

LG Electronics Inc.'s score of 92 is higher than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.

96%

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LG Electronics Inc.'s reported carbon emissions

In 2024, LG Electronics Inc. reported total carbon emissions of approximately 72,759,601,000 kg CO2e across all scopes, with specific emissions of 225,000 kg CO2e for Scope 1 and 681,000 kg CO2e for Scope 2. The combined total for Scope 1 and Scope 2 emissions was about 907,000 kg CO2e. In 2023, the company recorded Scope 1 emissions of approximately 74,773,000 kg CO2e and Scope 2 emissions of about 217,159,000 kg CO2e in South Korea. LG Electronics has set ambitious climate commitments, aiming to achieve carbon neutrality by 2030. This includes a target to reduce absolute Scope 1 and Scope 2 greenhouse gas emissions by 54.6% from a 2017 baseline. Additionally, the company plans to reduce Scope 3 emissions from the use of sold products by 20% per functional unit sold by 2030, using 2020 as the base year. These targets have been validated by the Science Based Targets initiative (SBTi). Furthermore, LG Electronics is committed to transitioning to 100% renewable energy by 2050 and aims to reduce carbon emissions in the production phase by 50% compared to 2017 levels by 2030. The company is also focused on transitioning its business fleet to electric and hydrogen vehicles by 2030 in South Korea. Overall, LG Electronics is actively working towards significant reductions in its carbon footprint while aligning with global climate goals.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

20172018201920202021202220232024
Scope 1
1,105,000
-
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000
Scope 2
828,000
-
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000
Scope 3
-
00,000,000,000
-
-
00,000,000,000
00,000,000,000
00,000,000,000
00,000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. LG Electronics Inc.'s primary industry is Electrical machinery and apparatus n.e.c. (31), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for LG Electronics Inc. is in KR, which we do not have grid emissions data for.

Reduction initiatives & disclosure networks

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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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