LG Display Co Ltd

Common Name
LG Display
Country
South Korea
Sector
Technology
Industry
Consumer Electronics
Employees
27,352
Ticker
034220
Exchange
KOREA EXCHANGE
Description
LG Display Co., Ltd. is a leading manufacturer and supplier of display panels for televisions, mobile devices, and other electronic products. The company's primary purpose is to design and produce hig...

LG Display Energy Data Preview

In 2023, LG Display disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.

LG Display also reported how it meets its energy needs through a mix of purchased and self-generated energy, offering insight into its sourcing strategy and level of energy independence.

Additionally, LG Display also disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.

Finally, LG Display also reported the types of energy sources as well as generation technologies, both for purchased and self-produced energy, helping stakeholders evaluate LG Display's reliance on fossil fuels versus cleaner alternatives.

Metric (GJ)2024202320222021 - 2017
Total Energy Consumed
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Renewable Energy Consumed
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Non-renewable Energy Consumed
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Electricity Consumed
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This table provides a simplified preview of selected energy data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into LG Display's Energy Renewability

In 2023, LG Display consumed a total of 63.81 million Gigajoules of energy across its operations. Of this total, 10.61% was sourced from renewable energy, either derived from natural resources like biofuels, biomass, or biogas, or generated using renewable technologies such as solar or wind power. The remaining 89.39% was classified as non-renewable energy, coming from fossil-based fuels such as coal, natural gas, or crude oil, or from non-renewable generation technologies like nuclear power.

LG Display's Energy Renewability Rate

11%

How much of LG Display's energy consumed is renewable?

In 2023, LG Display consumed a total of 63.81 million Gigajoules of energy, of which 10.61% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power.

This low level of renewable energy use highlights a heavy reliance on fossil fuels or other non-renewable sources, suggesting that LG Display has considerable room to improve its energy sustainability strategy.

Are LG Display's energy practices becoming more sustainable?

Since 2021, LG Display's total energy consumption decreased by 11.44%, including a further 10.67% drop in 2023, highlighting a continued decline in energy use.

Over the same period, the share of renewable energy in LG Display's consumption increased by 1,293.09%, including a 20.2% increase in 2023, showing consistent progress in clean energy adoption.

Overall, LG Display has reduced its total energy consumption while steadily increasing its use of renewables, reflecting a strong commitment to reducing its energy-related environmental footprint.

LG Display's Renewable vs Non-renewable Energy Over Time

78.65 M38.65 M1.35 M78.65 MGigajoules (GJ)20212022202399%91%89%
  • Renewable Energy Consumed
  • Non-renewable Energy Consumed

Insights into LG Display's Energy Consumption & Production Mix

In 2023, LG Display disclosed detailed information on the sources and generation technologies of the energy it consumed. This disclosure enables a clearer assessment of the LG Display's overall energy mix, its sourcing strategy, and its reliance on fossil fuels versus cleaner alternatives such as renewables and low-carbon technologies.

LG Display's Energy Consumed by Sources and Technologies

Electricity(Unspecified Source)(95.9%)

What are the main sources and generation technologies behind LG Display's energy consumption?

In 2023, LG Display's total energy consumption was primarily sourced from

  • Electricity (Unspecified Source) (95.86%)
  • Liquefied Natural Gas (LNG) (2.6%)
  • Steam (Unspecified Source) (0.9%)

How diverse is LG Display’s energy consumption mix?

In 2023, LG Display consumed energy from 4 different sources or generation technologies, indicating a highly concentrated energy mix, with Electricity (Unspecified Source) alone accounting for 95.86% of total consumption.

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