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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.
33
DitchCarbon score
+1 vs industry average
Lg Chem’s score of 33 is lower than 49% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Very High
Chemicals is among the most carbon-intensive industries
Industry performance
0.523
20182025
The Chemicals industry has reduced its overall emissions by 19% since 2018
Emissions trajectory 2020 – 2028
202020212022202320242025202620272028
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Lg Chem's reported carbon emissions
LG Chem, a Chemicals nec company based in KR, reported its most recent emissions data for 2025, with Scope 1 emissions at approximately 5.14 billion kg CO2e and Scope 2 emissions at approximately 3.75 billion kg CO2e. This resulted in a combined Scope 1 and 2 total of around 8.89 billion kg CO2e.
Looking back, in 2024, the company's Scope 1 emissions were approximately 5.66 billion kg CO2e and Scope 2 emissions were about 3.68 billion kg CO2e, leading to a Scope 1 and 2 total of approximately 9.34 billion kg CO2e. For 2023, LG Chem reported Scope 1 emissions of approximately 5.19 billion kg CO2e and Scope 2 emissions of about 3.89 billion kg CO2e, with a combined Scope 1 and 2 total of roughly 9.08 billion kg CO2e. In 2022, Scope 1 emissions were around 5.63 billion kg CO2e, and Scope 2 emissions (market-based) were about 3.93 billion kg CO2e, for a Scope 1 and 2 total of approximately 9.56 billion kg CO2e. In 2021, the company's Scope 1 emissions were approximately 5.44 billion kg CO2e and Scope 2 emissions were about 4.90 billion kg CO2e, resulting in a Scope 1 and 2 total of approximately 10.34 billion kg CO2e.
LG Chem has a long-term climate commitment to achieve Net-Zero by 2050 for Scope 1 and 2 emissions, based on a strategy of Reduce (direct emissions), Avoid (indirect emissions), and Compensate (carbon offset). This Net-Zero goal was announced in February 2022, advancing its carbon-neutral growth target by 20 years. The company also aims for "2030 Carbon-neutral Growth," maintaining greenhouse gas emissions in 2030 in line with 2019 levels. Specifically, LG Chem aims to reduce its Scope 1 emissions by 50% from 2019 levels by 2050 and its Scope 2 emissions by 50% from 2019 levels by 2050. Furthermore, the company targets using 100% renewable energy by 2030 for its overseas business sites and by 2050 for business sites in Korea.
LG Chem is a member of the Science Based Targets initiative (SBTi), having committed to the BA1.5 standard as of June 2022. However, its near-term and net-zero commitments within the SBTi framework are currently listed as "Commitment removed" or "Expired commitment" for its primary entry, while other entries show "Committed" or "Targets Set" for related entities.
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Lg Chem’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
On track94%
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
At risk48%
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Behind target22%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
8 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
FY2030 targetSee details
Active
Carbon Disclosure Project
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Active
The Climate Pledge
See details
Not active
UN Global Compact Climate Champions initiative
See details
Not active
RE 100
See details
Not active
Climate Action 100
See details
Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Lg Chem2 months ago
33
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Frequently asked questions
Common questions about Lg Chem’s sustainability data and climate commitments
For 2025, LG Chem reported total Scope 1 and 2 emissions of approximately 6.12 billion kg CO2e. Scope 1 emissions accounted for roughly 5.14 billion kg CO2e, while Scope 2 emissions were around 0.98 billion kg CO2e. The company also disclosed Scope 3 emissions, totaling approximately 18.34 billion kg CO2e for the same year. This breakdown highlights the significant contribution of Scope 3 emissions to LG Chem's overall carbon footprint, underscoring the importance of supply chain management in their climate strategy.
Data year: 2025
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