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's GHG Emissions Data Preview

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)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Unspecified Calculation Method
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions 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 Operational Emissions

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).

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.

LG Display's Scope 1 Emissions Over Time

20202021202220230550 k1.1 M1.65 M2.2 MtCO2e-4%-45%-9%
  • Total Scope 1
  • Year-over-Year Change

What are LG Display's Scope 1 emissions?

In 2023, the total Scope 1 emissions of LG Display were 1,056,041 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has LG Display reduced its Scope 1 emissions over time?

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.

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.

What are LG Display's Scope 2 emissions?

In 2023, LG Display reported Scope 2 greenhouse gas (GHG) emissions of 3,246,687 tCOâ‚‚e using the market-based method, and 3,903,951 tCOâ‚‚e using the location-based method.

Has LG Display reduced its Scope 2 emissions over time?

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.

What methodology does LG Display use for Scope 2 reporting?

In 2023, LG Display reported its Scope 2 emissions using the market-based method and using the location-based method.

LG Display's Scope 2 Emissions Over Time

202020212022202301.5 M3 M4.5 M6 MtCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into LG Display's Value Chain Emissions

In 2023, LG Display reported 913,012 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

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

LG Display's Scope 3 Emissions Over Time

20202021202220230250 k500 k750 k1 MtCO2e-4%+17%+249%
  • Total Scope 3
  • Year-over-Year Change

What are LG Display's Scope 3 emissions?

In 2023, LG Display reported total Scope 3 emissions of 913,012 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

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.

Has LG Display reduced its Scope 3 emissions over time?

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.

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.

What categories of Scope 3 emissions does LG Display disclose?

In 2023, LG Display reported emissions for 9 out of the 15 Scope 3 categories defined by the GHG Protocol.

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of LG Display's Scope 3 emissions?

In 2023, the largest contributors to LG Display's Scope 3 emissions were:

  • Purchased Goods and Services (Cat. 1): 447,323 tCOâ‚‚e (48.99%)
  • Capital Goods (Cat. 2): 379,522 tCOâ‚‚e (41.57%)
  • Waste Generated in Operations (Cat. 5): 22,300 tCOâ‚‚e (2.44%)

LG Display's Scope 3 Emissions by Categories

Capital Goods(Cat. 2)(41.6%)Purchased Goods andServices (Cat. 1)(49.0%)Waste Generated inOperations (Cat. 5)(2.4%)

Insights into LG Display's Total Carbon Footprint

In 2023, LG Display reported a total carbon footprint of 5,873,004 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) 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.

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%.