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LG Chem, officially known as LG Chem Ltd., is a leading South Korean company specialising in the chemicals nec industry. Headquartered in Seoul, South Korea, it operates extensively across Asia, North America, and Europe, serving a diverse global market. Founded in 1947, LG Chem has evolved from a pioneer in basic chemicals to a prominent player in advanced materials and sustainable solutions.
The company’s core offerings include petrochemicals, batteries, and high-performance materials, with a strong emphasis on innovation and eco-friendly technologies. LG Chem’s lithium-ion batteries are particularly notable, supporting the electric vehicle industry and renewable energy storage. Recognised for its market leadership and commitment to sustainability, LG Chem continues to drive growth through strategic investments and technological advancements in the chemicals nec sector.
+6 vs industry average
Lg Chem’s score of 38 is higher than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Chemicals is among the most carbon-intensive industries
The Chemicals industry has reduced its overall emissions by 19% since 2018
Scope 3 accounts for ••• of total emissions.
LG Chem, a chemicals company headquartered in KR, reported its most recent Scope 1 emissions at approximately 5.14 billion kg CO2e in 2025, with Scope 2 emissions at around 3.75 billion kg CO2e for the same year. In 2024, its Scope 1 emissions were approximately 5.66 billion kg CO2e and Scope 2 emissions were around 3.68 billion kg CO2e. For 2023, the company's Scope 1 emissions were about 5.19 billion kg CO2e, and Scope 2 emissions were roughly 3.89 billion kg CO2e.
LG Chem has set ambitious climate commitments, aiming for "2030 Carbon-neutral Growth" and "2050 Net-Zero" for its Scope 1 and Scope 2 emissions. This commitment, declared in February 2022, brought forward its carbon-neutral growth goal by 20 years. The company also aims to reduce its Scope 1 and Scope 2 emissions by 48.7% by FY2030 from a FY2021 base year, a target classified as consistent with a 1.5°C warming scenario by the Science Based Targets initiative (SBTi). Additionally, LG Chem plans to maintain greenhouse gas emissions in 2030 in line with 2019 levels. For its overseas operations, the company targets 100% renewable energy use by 2030, with the same goal for its Korean business sites by 2050. These targets and historical emissions data are directly reported by LG Chem, Ltd.
2030
48.7% reduction in Scope 1
2030
48.7% reduction in Scope 2
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Common questions about Lg Chem’s sustainability data and climate commitments
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