LG Electronics Inc.
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.
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.
Industry Benchmark
LG Electronics Inc.'s score of 42 is higher than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.
LG Electronics Inc.'s reported carbon emissions
In 2023, LG Electronics Inc. reported global carbon emissions of approximately 874,000,000 kg CO2e, which includes 209,000,000 kg CO2e from Scope 1 and 665,000,000 kg CO2e from Scope 2 emissions. The company also disclosed significant Scope 3 emissions, totalling about 210,675,399,000 kg CO2e, primarily from the use of sold products. LG Electronics has set ambitious climate commitments, aiming to reduce its absolute Scope 1 and 2 greenhouse gas emissions by 54.6% by 2030, using 2017 as the base year. Additionally, the company plans to decrease 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 reflects LG's alignment with the Science Based Targets initiative (SBTi) and its goal to contribute to limiting global warming to 1.5°C. In summary, LG Electronics is actively working towards substantial reductions in its carbon footprint, with clear targets for both direct and indirect emissions, demonstrating its commitment to sustainability and climate action.
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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 |
Industry emissions intensity
Location emissions intensity
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 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.
