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LG Energy Solution Co., Ltd., commonly referred to as LG Energy Solution, is a leading player in the electricity nec industry, with its headquarters based in South Korea. Since its establishment in 2019, the company has rapidly expanded its global footprint, serving major markets across Asia, North America, and Europe.
Specialising in advanced battery technology and energy storage solutions, LG Energy Solution is renowned for its innovative lithium-ion batteries used in electric vehicles, portable devices, and renewable energy systems. Its commitment to sustainability and cutting-edge research has positioned it as a key market leader, recognised for high-performance, reliable energy solutions that support the transition to cleaner energy.
+31 vs industry average
LG Energy Solution’s score of 47 is higher than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Electricity from Other Sources is among the most carbon-intensive industries
The Electricity from Other Sources industry has reduced its overall emissions by 36% since 2018
Scope 3 accounts for ••• of total emissions.
LG Energy Solution, a global electricity nec company headquartered in KR, reported significant greenhouse gas emissions across its operations. In 2024, the company's total emissions were approximately 9,206,806,000 kg CO2e. This comprised Scope 1 emissions of about 355,030,000 kg CO2e, Scope 2 emissions (market-based) of approximately 1,112,476,000 kg CO2e, and substantial Scope 3 emissions totalling around 7,992,070,000 kg CO2e. Purchased goods and services constituted the largest portion of Scope 3 emissions, amounting to approximately 5,883,859,000 kg CO2e.
For 2023, LG Energy Solution's total emissions were approximately 8,257,507,000 kg CO2e. Scope 1 emissions were reported at about 287,493,000 kg CO2e, Scope 2 (market-based) at approximately 1,205,869,000 kg CO2e, and Scope 3 at approximately 6,471,645,000 kg CO2e. Purchased goods and services were again the largest contributor to Scope 3 emissions, at about 5,762,099,000 kg CO2e.
In 2022, the company's total emissions reached approximately 2,436,890,000 kg CO2e, with Scope 1 at about 306,029,000 kg CO2e, Scope 2 (market-based) at approximately 1,195,589,000 kg CO2e, and Scope 3 at about 164,193,000 kg CO2e.
LG Energy Solution's emissions data is cascaded from its parent company, LG Energy Solution, Ltd. The company's climate commitments are outlined through various initiatives, with SBTi and RTZ targets cascaded from LG Chem, Ltd. at cascade level 1. Performance data is sourced from LG Energy Solution, Ltd. at cascade level 0. Specific reduction targets and achievements are not detailed in the provided information.
Access structured emission data, company specific factors and auditable source documents
No climate goals have been disclosed for LG Energy Solution yet.
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