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Medical Device Manufacturing
KR
updated 2 months ago

LX Semicon Sustainability Profile

Company website

LX Semicon, officially known as LX Semicon Co., Ltd., is a leading semiconductor company headquartered in South Korea (KR). Established in 2021, the firm has quickly positioned itself within the semiconductor industry, focusing on the design and manufacturing of advanced display driver ICs (integrated circuits) and power management solutions. With a strong operational presence in key regions across Asia, LX Semicon has achieved significant milestones, including rapid growth in the OLED and LCD display markets. Their core products are distinguished by cutting-edge technology that enhances display performance and energy efficiency, catering to a diverse clientele in consumer electronics and automotive sectors. Recognised for its innovation and quality, LX Semicon continues to solidify its market position, contributing to the evolution of display technologies worldwide.

DitchCarbon Score

How does LX Semicon'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.

37

Industry Average

Mean score of companies in the Medical Device Manufacturing 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.

30

Industry Benchmark

LX Semicon's score of 37 is higher than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.

59%

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LX Semicon's reported carbon emissions

In 2023, LX Semicon, headquartered in South Korea (KR), reported total carbon emissions of approximately 6,700,000 kg CO2e. This figure includes 1,067,000 kg CO2e from Scope 1 emissions, 6,063,000 kg CO2e from Scope 2 emissions, and 205,000 kg CO2e from Scope 3 emissions. Comparatively, in 2022, the company recorded total emissions of about 5,800,000 kg CO2e, with Scope 1 emissions remaining constant at 1,067,000 kg CO2e, while Scope 2 emissions increased to 4,569,000 kg CO2e and Scope 3 emissions were 220,000 kg CO2e. In 2021, LX Semicon's total emissions were approximately 3,580,000 kg CO2e, consisting of 528,000 kg CO2e from Scope 1 and 3,052,000 kg CO2e from Scope 2, with no reported Scope 3 emissions. Despite the increase in total emissions from 2022 to 2023, LX Semicon has not set specific reduction targets or initiatives as part of their climate commitments. The company has not disclosed any Science-Based Targets Initiative (SBTi) reduction targets or other formal climate pledges. All emissions data is sourced directly from LX Semicon Co., Ltd., with no data cascaded from a parent or related organization. The company continues to monitor and report its emissions across all three scopes, reflecting its commitment to transparency in environmental impact reporting.

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202120222023
Scope 1
528,000
0,000,000
0,000,000
Scope 2
3,052,000
0,000,000
0,000,000
Scope 3
-
000,000
000,000

How Carbon Intensive is LX Semicon's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. LX Semicon's primary industry is Medical Device Manufacturing, which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is LX Semicon's Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for LX Semicon is in KR, which we do not have grid emissions data for.

LX Semicon's Climate Goals (2030 & 2050)

Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.

LX Semicon has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare LX Semicon's Emissions with Industry Peers

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Where does DitchCarbon data come from?

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