LX Semicon
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 64% 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 reported total carbon emissions of approximately 6,000,000 kg CO2e, comprising 1,067,000 kg CO2e from Scope 1, 6,063,000 kg CO2e from Scope 2, and 205,000 kg CO2e from Scope 3 emissions. This represents a significant increase in emissions compared to 2022, where total emissions were about 5,000,000 kg CO2e, with Scope 1 at 916,000 kg CO2e, Scope 2 at 4,569,000 kg CO2e, and Scope 3 at 220,000 kg CO2e. In 2021, the company reported total emissions of approximately 3,580,000 kg CO2e, with Scope 1 emissions at 528,000 kg CO2e and Scope 2 at 3,052,000 kg CO2e, while Scope 3 emissions were not reported. The 2020 figures were significantly higher, with total emissions reaching about 87,892,000 kg CO2e, primarily driven by Scope 3 emissions at 87,892,000 kg CO2e, alongside Scope 1 and 2 emissions of 52,704,000 kg CO2e and 78,553,000 kg CO2e, respectively. Despite these figures, LX Semicon has not set specific reduction targets or climate pledges, and there are no reported initiatives under the Science Based Targets initiative (SBTi) or other climate frameworks. The emissions data is not cascaded from any parent company, indicating that LX Semicon operates independently in its reporting and climate commitments. Overall, LX Semicon's emissions profile highlights the need for enhanced climate strategies to address the increasing carbon footprint, particularly in Scope 2 emissions, which constitute the majority of their total emissions.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 52,704,000 | 000,000 | 000,000 | 0,000,000 |
| Scope 2 | 78,553,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 87,892,000 | - | 000,000 | 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.
LX Semicon is not participating in any 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.
