LG Electronics Inc

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023, 2019-2020, 2018, 2016-01-01 to 2016-12-31 (select areas include first half of 2017), 2015, 2014-2015, 2013, 2008

In its 2023 reporting, LG Electronics Inc disclosed greenhouse gas emissions of 70.2M tCO2e/year (Scope 3). By scope: Scope 1: 209 tCO2e/year; Scope 2: 665 tCO2e/year; Scope 3: 70.2M tCO2e/year. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.

💨
GHG Emissions
70.2M tCO2e/year (Scope 3)
2023
⚡
Renewable Energy
10.1% of total energy use
of total energy
💧
Water Usage
6.5M m3/year
2023
♻️
Waste
181.6K tons/year
2023
⚙️
Energy Use
1.8M MWh/year
2023

📊 Emissions by Scope (2023)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).209 tCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.665 tCO2e/year
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).70.2M tCO2e/year

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
202370.2M tCO2e/year (Scope 3)
2019-20201.5 million tons CO2e
20181.6M tons of CO2e
2016-01-01 to 2016-12-31 (select areas include first half of 2017)362.0K tons CO2e/year (production)
20151.11 million tons of greenhouse gas (2015)
2014-20151.3K K ton CO2e

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

📅 Medium-term

  • Achieve carbon neutrality at the product production stage by 2030.
  • Reduce GHG emission intensity in the product use stage by 20% by 2030.
  • Achieve 60% renewable energy by 2030.

🔭 Long-term

  • Achieve 100% renewable energy at all business sites by 2050.

🌱 ESG Focus Areas

Carbon NeutralityCircularityClean TechnologyDecent WorkplaceDiversity & InclusionDesign for All

⚠️ Challenges & Risks +

  • Supply chain disruptions due to geopolitical factors and regulatory changes.
  • Meeting ambitious GHG reduction targets.
  • Ensuring human rights compliance across the global supply chain.
  • Maintaining high waste recycling rates across all global business sites.

📋 Report Information

Reporting Period: 2023
Frameworks: GRI Standards 2021, SASB, TCFD, UNGC, AA1000AP
Assurance: Korea Management Registrar