LG Energy Solution

LG Energy Solution's reported carbon emissions

LG Energy Solution, headquartered in South Korea (KR), is committed to climate action and has reported its greenhouse gas emissions across Scopes 1, 2, and 3. For the reporting year ending in 2024, LG Energy Solution's total absolute emissions were approximately 9.31 billion kg CO2e. This figure includes Scope 1 emissions totalling about 355 million kg CO2e, Scope 2 (market-based) emissions of approximately 1.11 billion kg CO2e, and Scope 3 emissions amounting to about 7.99 billion kg CO2e. Within Scope 3, purchased goods and services represented the largest category at roughly 5.88 billion kg CO2e, followed by end-of-life treatment of sold products at approximately 510 million kg CO2e. In the previous reporting year, 2023, total absolute emissions were approximately 8.14 billion kg CO2e. This comprised Scope 1 emissions of about 287 million kg CO2e, Scope 2 (market-based) emissions of approximately 1.21 billion kg CO2e, and Scope 3 emissions totalling around 6.47 billion kg CO2e. LG Energy Solution's climate commitments are aligned with broader corporate family targets. While specific reduction targets are not detailed in the provided information, the company's emissions data indicates a focus on reporting and managing its environmental impact across all scopes. The company's reporting indicates that its Scope 1 and 2 emissions intensity (location-based) per unit of revenue was approximately 9.707 x 10^-5 kg CO2e/KRW for 2024, and 7.166 x 10^-5 kg CO2e/KRW for 2023. LG Energy Solution's disclosures indicate that it is a current subsidiary of LG Energy Solution, Ltd., and some initiatives, such as SBTi targets and RTZ commitments, are cascaded from LG Chem, Ltd. at cascade level 1.