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 27 is higher than 72% 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 carbon emissions of approximately 110,000,000 kg CO2e for Scope 1 and about 224,000,000 kg CO2e for Scope 2 in South Korea. This marked a significant reduction from 2021, where emissions were approximately 173,000,000 kg CO2e for Scope 1 and about 325,000,000 kg CO2e for Scope 2. Globally, in 2022, the company’s Scope 3 emissions included about 19,746,000 kg CO2e from business travel and approximately 60,980,857,000 kg CO2e from the use of sold products. In 2021, these figures were about 11,538,000 kg CO2e for business travel and approximately 63,154,027,000 kg CO2e for the use of sold products, indicating a slight decrease in business travel emissions. Despite these reductions, LG Electronics has not publicly disclosed specific reduction targets or commitments under the Science Based Targets initiative (SBTi) or other climate pledges. The company continues to focus on improving its emissions profile, particularly in Scope 1 and 2 categories, while addressing the significant impact of Scope 3 emissions from product use.
Access structured emissions data, company-specific emission factors, and source documents
2020 | 2021 | 2022 | |
---|---|---|---|
Scope 1 | - | - | - |
Scope 2 | - | - | - |
Scope 3 | 58,090,064,000 | 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 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.