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.
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.
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.
Lg Innotek's score of 53 is higher than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, LG Innotek reported total carbon emissions of approximately 689,031,000 kg CO2e, with emissions distributed across various scopes: 21,387,000 kg CO2e (Scope 1), 488,273,000 kg CO2e (Scope 2), and 689,031,000 kg CO2e (Scope 3). The company has demonstrated a commitment to reducing its carbon footprint, having set a long-term target to achieve net-zero emissions by 2050 across all scopes. This commitment was formalised in 2022, aligning with the Science Based Targets initiative (SBTi). In previous years, LG Innotek's emissions were as follows: in 2022, total emissions were about 633,800,000 kg CO2e, with 19,440,000 kg CO2e (Scope 1), 433,818,000 kg CO2e (Scope 2), and 1,338,000 kg CO2e (Scope 3). In 2021, the company reported approximately 348,263,000 kg CO2e for Scope 1 and 2 combined, with 13,790,000 kg CO2e (Scope 1) and 353,120,000 kg CO2e (Scope 2). LG Innotek's emissions reduction initiatives are part of a broader strategy to enhance sustainability within the technology hardware sector. The company is actively working towards its net-zero goal, with interim targets and strategies expected to be developed as part of its ongoing commitment to climate action.
Access structured emissions data, company-specific emission factors, and source documents
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 |
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.