LX Semicon Sustainability Profile
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.
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.
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.
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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, which are direct emissions from owned or controlled sources, and 6,063,000 kg CO2e from Scope 2 emissions, representing indirect emissions from the generation of purchased electricity, steam, heating, and cooling. Additionally, the company recorded about 205,000 kg CO2e in Scope 3 emissions, which encompass all other indirect emissions that occur in the value chain. Comparatively, in 2022, LX Semicon's total emissions were about 5,000,000 kg CO2e, with Scope 1 emissions remaining constant at 1,067,000 kg CO2e, while Scope 2 emissions decreased to 4,569,000 kg CO2e, and Scope 3 emissions were slightly higher at 220,000 kg CO2e. This indicates a significant reduction in Scope 2 emissions year-on-year. Despite these figures, LX Semicon has not publicly committed to specific reduction targets or initiatives, as there are no documented SBTi (Science Based Targets initiative) reduction targets or climate pledges. The company’s emissions data is self-reported and does not cascade from a parent organization, indicating that it operates independently in its climate reporting. Overall, LX Semicon's emissions profile reflects a commitment to monitoring and reporting its carbon footprint, although further initiatives and targets would enhance its climate strategy.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| 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?
How Carbon Intensive is LX Semicon's Location?
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.
