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OrganisationsLG Electronics Inc.
LG Electronics Inc. logo

LG Electronics Inc.

Electrical Machinery ManufacturingSouth KoreaKSC: 066570.KS
Last verified 8 months agolg.com

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.

63
DitchCarbon score

+27 vs industry average

LG Electronics Inc.’s score of 63 is higher than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.

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Industry Intensity

Low

Electrical Machinery Manufacturing has below-average carbon intensity

Industry performance

0.110
20192025

The Electrical Machinery Manufacturing industry has reduced its overall emissions by 37% since 2019

Emissions trajectory 2020 – 2027

00.0B00.0B00.0B00.0B0

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20202021202220232024202520262027

Reported emissions

Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e

Scope 3 accounts for ••• of total emissions.

LG Electronics Inc.'s reported carbon emissions

LG Electronics Inc., headquartered in South Korea (KR), reported a substantial total of approximately 73.6 billion kg CO2e in absolute emissions for 2024. This figure encompasses Scope 1, 2, and 3 emissions. The breakdown for 2024 shows Scope 1 emissions at around 225 million kg CO2e, Scope 2 emissions at approximately 681 million kg CO2e, and Scope 3 emissions at about 72.8 billion kg CO2e. Within Scope 3, the use of sold products represented the largest category, accounting for roughly 65.1 billion kg CO2e. LG Electronics is committed to significant emissions reductions. The company has a near-term target to reduce absolute Scope 1 and 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). Additionally, LG Electronics aims for a 20% reduction in Scope 3 GHG emissions per functional unit sold by 2030, compared to a 2020 base year, for both televisions and all other sold products. The company is also working towards achieving carbon neutrality by 2050, with a long-term goal of a complete transition to 100% renewable energy. For its production phase, LG Electronics has set a target to reduce carbon emissions by 50% compared to 2017 levels by 2030.

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LG Electronics Inc.’s Climate Goals (2030 & 2050)

10 goals

2030

54.6% reduction in all scopes

1. 54.6% absolute reduction of emissions, in comparison to 2017, by 2030 • Continue to invest in reduction facilities in order to reduce emi…

Behind target54.6%

2030

62% reduction in total GHG

Vs 2019 baseline. Validated by SBTi. Includes full supply chain.

At risk48%

2040

50% reduction in Scope 3 intensity

Across purchased goods and services and logistics.

Behind target22%

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Scope 3 top emissions categories

13 of 15 categories disclosed
Use of Sold Products89%
Purchased Goods & Services3%
Investments3%
Upstream Transportation & Distribution2%
End-of-Life Treatment2%
Capital Goods0%
Fuel & Energy Activities0%
Upstream Leased Assets0%
Use of Sold Products89%
Purchased Goods & Services3%
Investments3%
Upstream Transportation & Distribution2%
End-of-Life Treatment2%
Capital Goods0%
Fuel & Energy Activities0%
Upstream Leased Assets0%

See all scope 3 categories

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Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

2030 targetSee details
Active
CDP

Carbon Disclosure Project

Sign in to view
Active
THE CLIMATE PLEDGE

The Climate Pledge

See details
Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

See details
Active
RE 100

RE 100

2050 targetSee details
Active
Climate Action 100+

Climate Action 100

See details
Not active

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
LG Electronics Inc. logoLG Electronics Inc.
KRElectrical Machinery Manufacturing
8 months ago
63
Forvia logoForvia
FRRetail Trade Services
22 days ago
100
View
Mitsubishi Electric logoMitsubishi Electric
JPother miscellaneous electrical equipment and components
22 days ago
86
View
Black & Decker Ltd. logoBlack & Decker Ltd.
GBConstruction Work
22 days ago
63
View
Alfred Karcher Se And Co logoAlfred Karcher Se And Co
DEElectrical Machinery Manufacturing
3 days ago
50
View
Teco Electric And Machinery Co logoTeco Electric And Machinery Co
TWElectrical Machinery Manufacturing
6 days ago
47
View
BAE Systems, Inc. logoBAE Systems, Inc.
USMedical Device Manufacturing
3 months ago
45
View

Frequently asked questions

Common questions about LG Electronics Inc.’s sustainability data and climate commitments

LG Electronics Inc. reported a total of approximately 73.6 billion kg CO2e in absolute emissions for 2024. This figure includes Scope 1 emissions of around 225 million kg CO2e, Scope 2 emissions at approximately 681 million kg CO2e, and Scope 3 emissions of about 72.8 billion kg CO2e. The vast majority of these emissions, roughly 65.1 billion kg CO2e, stem from the use of sold products, highlighting the significant impact of product lifecycle on overall emissions.

Data year: 2024

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