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 6 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 disclosed specific carbon emissions figures for recent years. However, the company has set ambitious climate commitments aimed at reducing its carbon footprint. Notably, LG Group has pledged to reduce carbon emissions in production by 150,000 tonnes CO2e by 2020, compared to a base year of 2008. This target represents a cumulative reduction of approximately 1 million tonnes CO2e, equating to a 10% reduction in emissions. The company's reduction initiatives encompass both Scope 1 and Scope 2 emissions, reflecting a comprehensive approach to tackling its carbon impact. While specific emissions data for recent years is not available, LG Group's commitment to sustainability is evident in its strategic goals and initiatives outlined in its sustainability reports. Overall, LG Group, Inc. is actively working towards significant reductions in its carbon emissions, demonstrating a commitment to environmental responsibility and climate action.
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.