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LG Innotek, a prominent player in the computer and related services industry, is headquartered in South Korea (KR). Founded in 1970, the company has established itself as a leader in innovative technology solutions, particularly in the fields of electronic components and materials. With a strong presence in major operational regions across Asia, Europe, and North America, LG Innotek focuses on developing advanced products such as camera modules, LED components, and circuit boards.
The company is renowned for its commitment to quality and innovation, which has earned it a significant market position and numerous accolades over the years. LG Innotek's unique offerings, including high-performance optical solutions and eco-friendly materials, set it apart in a competitive landscape, making it a trusted partner for businesses seeking cutting-edge technology.
+17 vs industry average
Lg Innotek’s score of 55 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Computer Services has below-average carbon intensity
The Computer Services industry has reduced its overall emissions by 11% since 2018
Scope 3 accounts for ••• of total emissions.
LG Innotek, a South Korean company in the Computer and related services sector, reported its most recent emissions data for 2024. The company's total reported emissions were approximately 1.35 billion kg CO2e. This figure includes Scope 1 emissions of about 22.8 million kg CO2e, Scope 2 market-based emissions of approximately 248.5 million kg CO2e, and Scope 3 emissions of roughly 1.06 billion kg CO2e. Key contributors to Scope 3 emissions included purchased goods and services (approximately 846.2 million kg CO2e) and fuel and energy-related activities (around 58.1 million kg CO2e).
For 2023, LG Innotek reported total emissions of approximately 770.4 million kg CO2e. This comprised Scope 1 emissions of about 21.4 million kg CO2e, Scope 2 market-based emissions of roughly 221.5 million kg CO2e, and Scope 3 emissions of approximately 689 million kg CO2e.
Looking back to 2022, the company's Scope 1 emissions were around 19.4 million kg CO2e, and Scope 2 market-based emissions were approximately 345.5 million kg CO2e. A partial Scope 3 disclosure for 2022 indicated waste generated in operations at about 1.3 million kg CO2e, with other categories missing. In 2021, Scope 1 emissions were about 14 million kg CO2e, and Scope 2 market-based emissions were roughly 334.3 million kg CO2e, with reported Scope 3 emissions of about 1.3 million kg CO2e from waste generated in operations. For 2020, LG Innotek reported Scope 1 emissions of approximately 15 million kg CO2e, Scope 2 emissions of around 335 million kg CO2e, and Scope 3 emissions of about 166,000 kg CO2e.
LG Innotek has made significant climate commitments, including a goal to convert 100% of its electricity to renewable energy by 2030. The company also aims for carbon neutrality, achieving net-zero greenhouse gas emissions, by 2040. LG Innotek is committed to net-zero targets as recognised by the Science Based Targets initiative (SBTi), having been listed with a net-zero commitment since 2022.
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Common questions about Lg Innotek’s sustainability data and climate commitments
Data year: 2024
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