LG Group, Inc., commonly referred to as LG, is a leading multinational conglomerate headquartered in the United States. Founded in 1947, LG has established a strong presence in various operational regions, including North America, Europe, and Asia. The company operates primarily in the electronics, chemicals, and telecommunications industries, with a diverse portfolio that includes home appliances, consumer electronics, and advanced materials. Renowned for its innovative products, LG is particularly recognised for its cutting-edge OLED televisions and energy-efficient appliances, which set industry standards for quality and performance. Over the years, LG has achieved significant milestones, solidifying its market position as a top player in the global technology landscape. With a commitment to sustainability and customer satisfaction, LG continues to push the boundaries of technology, making it a trusted name in households worldwide.
How does LG Group, Inc.'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 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 Group, Inc.'s score of 0 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
As of the latest available data, LG Group, Inc. has not reported specific carbon emissions figures. However, the company has set ambitious reduction targets aimed at decreasing its carbon footprint. LG Group committed to reducing carbon emissions in its production processes by approximately 150,000 tonnes CO2e by 2020, compared to a baseline year of 2008. This initiative encompasses both Scope 1 and Scope 2 emissions, contributing to a cumulative reduction of about 1 million tonnes CO2e, representing a 10% reduction overall. These targets reflect LG Group's commitment to sustainability and climate action, although no recent emissions data has been disclosed. The company has not cascaded any emissions data from a parent or related organization, indicating that its climate commitments are independently established.
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 Group, Inc. 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.