In 2023, LG Display completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
LG Display has also provided a category-level breakdown for 9 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2023 | 2022 | 2021 | 2020 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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In 2023, the total operational greenhouse gas (GHG) emissions of LG Display amounted to 4,959,992 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a
Compared to 2022, the total operational greenhouse gas (GHG) emissions of LG Display decreased by 21.41%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a
In 2023, the total Scope 1 emissions of LG Display were 1,056,041 metric tons of CO₂ equivalent (tCO₂e). a
Since 2020, LG Display's Scope 1 emissions have decreased by 51.58%, reflecting a declining long-term trend in Scope 1 emissions over time. a b
Compared to the previous year (2022), LG Display's Scope 1 emissions decreased by 8.86%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a
In 2023, LG Display reported Scope 2 greenhouse gas (GHG) emissions of 3,246,687 tCO₂e using the market-based method and 3,903,951 tCO₂e using the location-based method. a
Compared to the previous year (2022), LG Display's Scope 2 emissions (Location-Based) fell by 24.23% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. a
In 2023, LG Display reported its Scope 2 emissions using the market-based method and using the location-based method. a
In 2023, LG Display reported 913,012 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a
The 2023 disclosure of LG Display includes a breakdown across 9 of the 15 Scope 3 categories defined by the GHG Protocol, up from 4 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain a
In 2023, LG Display reported total Scope 3 emissions of 913,012 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 97.7% of these emissions originated from upstream activities such as purchased goods and capital goods, while 2.3% came from downstream activities like product use, distribution, and end-of-life treatment. a
Since 2020, LG Display's Scope 3 emissions have increased by 291.97%, reflecting a rising long-term trend in Scope 3 emissions over time. a b
Compared to the previous year (2022), LG Display's Scope 3 emissions increased by 249.14%, suggesting that the company faced challenges in reducing emissions across its value chain. a
In 2023, LG Display reported emissions for 9 out of the 15 Scope 3 categories defined by the GHG Protocol. a
This partial disclosure allows for some insight into the company's indirect impacts.
In 2023, the largest contributors to LG Display's Scope 3 emissions were: a
In 2023, LG Display reported Scope 1 greenhouse gas (GHG) emissions of 1,056,041 tCO₂e and total revenues of USD 16,693 millions. This translates into an emissions intensity of 63.26 tCO₂e per millions USD. a
In 2023, LG Display reported a Scope 1 emissions intensity of 63.26 tCO₂e per millions USD. Compared to the peer group median of 1.71 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a
In 2023, LG Display ranked 25 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
This places LG Display among the least efficient performers, with one of the highest emissions intensities in its sector. a
In 2023, LG Display reported a total carbon footprint of 5,873,004 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 10.64% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output. a
The largest contributor to LG Display's total carbon footprint was Scope 2 emissions, accounting for 66.47% of the company's total carbon footprint, followed by Scope 1 emissions at 17.98%. a