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 56 is higher than 74% 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 2024, LG Innotek reported total carbon emissions of approximately 1,106,000,000 kg CO2e, with emissions distributed across various scopes: 22,838,000 kg CO2e (Scope 1), 248,489,000 kg CO2e (Scope 2, market-based), and 1,060,796,000 kg CO2e (Scope 3). The company's Scope 1 and 2 emissions combined totalled about 271,327,000 kg CO2e (market-based). In 2023, emissions were slightly lower, totalling around 689,031,000 kg CO2e for Scope 3, with Scope 1 and 2 emissions at approximately 242,837,000 kg CO2e (market-based). The trend shows a significant increase in Scope 3 emissions from 2022, where only 1,338,000 kg CO2e was reported. LG Innotek has committed to achieving net-zero emissions by 2050, with targets set through the Science Based Targets initiative (SBTi). The company is classified as a BA1.5 member, indicating its commitment to limiting global warming to 1.5 degrees Celsius. This commitment encompasses all scopes of emissions, reflecting a comprehensive approach to climate action. The emissions data is sourced directly from LG Innotek Co., Ltd., with no cascading from a parent or related organization. The company continues to focus on reducing its carbon footprint while aligning with global climate goals.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 15,041,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 335,020,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 166,000 | 0,000,000 | 0,000,000 | 000,000,000 | 0,000,000,000 |
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.
