LG Electronics Investment Ltd., a subsidiary of the renowned LG Corporation, is headquartered in South Korea (KR) and operates extensively across Asia, Europe, and North America. Founded in 1958, the company has established itself as a leader in the electronics industry, focusing on innovative consumer electronics, home appliances, and mobile communications. With a diverse portfolio that includes cutting-edge televisions, smart home devices, and energy-efficient appliances, LG Electronics Investment Ltd. is committed to enhancing the quality of life through technology. The company is recognised for its pioneering advancements in OLED display technology and smart home integration, setting it apart in a competitive market. As a key player in the global electronics landscape, LG Electronics Investment Ltd. continues to achieve significant milestones, solidifying its position as a trusted brand synonymous with quality and innovation.
How does LG Electronics Investment Ltd.'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 Investment Ltd.'s score of 20 is lower than 77% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, LG Electronics Investment Ltd. reported a greenhouse gas (GHG) emissions intensity of approximately 0.0000112 kg CO2e per USD of revenue. This figure reflects the company's emissions performance but does not provide absolute emissions data for Scope 1, 2, or 3, as no specific emissions figures were disclosed for these scopes. The previous year's data (2021) indicated a GHG emissions intensity of about 0.0000154 kg CO2e per USD, while in 2020, the intensity was approximately 0.0000205 kg CO2e per USD. This trend suggests a gradual improvement in emissions efficiency relative to revenue, although specific reduction targets or absolute emissions figures were not provided. LG Electronics Investment Ltd. has not disclosed any specific climate commitments or reduction initiatives, such as Science-Based Targets (SBTi) or other industry-standard pledges. The absence of such commitments indicates a potential area for development in their climate strategy. Overall, while the company shows a positive trend in emissions intensity, the lack of detailed emissions data and formal climate commitments highlights the need for further transparency and action in addressing climate change.
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 Investment Ltd. is not participating in any 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.
