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 23 is lower than 66% 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, reflecting their ongoing commitment to sustainability. This figure indicates a reduction from 2021, where the emissions intensity was about 0.0000154 kg CO2e per USD. The company has not disclosed specific absolute emissions figures for Scope 1, 2, or 3, nor have they provided detailed emissions data for the years prior to 2020. LG Electronics has set ambitious carbon reduction targets, aiming to decrease carbon emissions by 150,000 tonnes CO2e by 2020 compared to a 2008 baseline. This initiative encompasses both Scope 1 and Scope 2 emissions, contributing to a cumulative reduction goal of 1 million tonnes CO2e. The company achieved a 10% reduction in emissions as part of this commitment. While no Science-Based Targets initiative (SBTi) targets have been reported, LG Electronics continues to focus on enhancing its sustainability practices and reducing its carbon footprint. The absence of specific emissions data may reflect a broader industry trend where companies are increasingly prioritising climate commitments and transparency in their environmental impact reporting.
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.