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 77 is higher than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, LG Electronics Inc. reported significant carbon emissions, totalling approximately 72,759,601,000 kg CO2e in Scope 3 emissions, alongside 225,000,000 kg CO2e in Scope 1 and 681,000,000 kg CO2e in Scope 2 globally. This marked an increase from 2023, where global emissions were about 69,161,568,000 kg CO2e in Scope 3, with Scope 1 and 2 emissions at 209,000,000 kg CO2e and 665,000,000 kg CO2e, respectively. The company has set ambitious targets to reduce its carbon footprint. LG Electronics aims to achieve a 54.6% reduction in absolute Scope 1 and 2 greenhouse gas emissions by 2030, using 2017 as the base year. Additionally, it plans to decrease Scope 3 emissions from the use of sold products by 20% per functional unit sold by 2030, based on a 2020 baseline. 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 plans to achieve carbon neutrality by 2030 through process improvements, energy-saving technologies, and the purchase of UN carbon credits. The company is on track to meet its near-term targets, demonstrating a proactive approach to climate action.
Access structured emissions data, company-specific emission factors, and source documents
| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 1,105,000,000 | 000,000,000 | 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 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - | - | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
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.
