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 60% 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, 6,063,000 kg CO2e from Scope 2 emissions, and 205,000 kg CO2e from Scope 3 emissions. Comparatively, in 2022, the company emitted about 5,660,000 kg CO2e, with 916,000 kg CO2e from Scope 1, 4,569,000 kg CO2e from Scope 2, and 220,000 kg CO2e from Scope 3. This indicates a significant increase in emissions in 2023, particularly in Scope 2, which rose by approximately 494,000 kg CO2e. Looking back to 2021, LX Semicon's emissions were lower, with total emissions of about 3,763,000 kg CO2e, comprising 528,000 kg CO2e from Scope 1 and 3,052,000 kg CO2e from Scope 2, while no Scope 3 emissions were reported. Despite these figures, 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 (SBTi) or other formal climate pledges, indicating a potential area for future development in their sustainability strategy. Overall, while LX Semicon has made strides in emissions reporting, the lack of reduction targets suggests that further action may be necessary to align with industry standards for climate commitments.
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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.
