Lg Innotek
LG Innotek, a prominent subsidiary of the LG Corporation, is headquartered in South Korea (KR) and operates extensively across Asia, Europe, and North America. Founded in 1970, the company has established itself as a leader in the electronics industry, specialising in advanced materials and components for various sectors, including automotive, telecommunications, and consumer electronics. Renowned for its innovative solutions, LG Innotek offers a diverse range of products, including camera modules, LED components, and circuit boards, distinguished by their cutting-edge technology and high quality. The company has achieved significant milestones, such as pioneering developments in 5G technology and automotive lighting systems, solidifying its market position as a key player in the global electronics landscape. With a commitment to sustainability and innovation, LG Innotek continues to drive advancements that shape the future of technology.
DitchCarbon Score
How does Lg Innotek'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.
Industry Average
Mean score of companies in the Computer Services 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.
Industry Benchmark
Lg Innotek's score of 42 is higher than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Lg Innotek's reported carbon emissions
In 2023, LG Innotek reported total carbon emissions of approximately 509,660,000 kg CO2e, comprising 21,387,000 kg CO2e from Scope 1, 488,273,000 kg CO2e from Scope 2, and a significant 689,031,000 kg CO2e from Scope 3 emissions. This marked an increase in emissions compared to previous years, with 2022 emissions at about 453,258,000 kg CO2e, 2021 at approximately 367,099,000 kg CO2e, and 2020 at around 350,030,000 kg CO2e for Scope 1 and 2 combined. LG Innotek has committed to achieving net-zero emissions across all scopes by 2050, aligning with the Science Based Targets initiative (SBTi). This long-term commitment reflects the company's dedication to reducing its carbon footprint and addressing climate change. The company has also been a member of the Business Ambition for 1.5°C initiative since June 2022, further demonstrating its commitment to sustainable practices within the technology hardware and equipment sector. Overall, LG Innotek's emissions data and climate commitments highlight its ongoing efforts to mitigate environmental impact while striving for significant reductions in greenhouse gas emissions.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 15,041,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 335,020,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 166,000 | 0,000,000 | 0,000,000 | 000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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 Innotek is committed to some reduction initiatives 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.
