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 51 is higher than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Lg Innotek's reported carbon emissions
In 2023, LG Innotek reported total carbon emissions of approximately 488,273,000 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 433,818,000 kg CO2e for Scope 2 and 1,338,000 kg CO2e for Scope 3. The company 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 LG Innotek's dedication to reducing its carbon footprint and addressing climate change. The company has been a member of the Business Ambition for 1.5°C initiative since June 2022, indicating its proactive stance in climate action. Overall, LG Innotek's emissions data and climate commitments demonstrate a clear focus on sustainability and a strategic approach to reducing greenhouse gas emissions in the technology hardware sector.
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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 participating in some 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.
