LG Electronics Inc
LG Electronics Energy Data Preview
In 2023, LG Electronics disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.
LG Electronics 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 Electronics also disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.
Finally, LG Electronics also reported the types of energy sources as well as generation technologies, both for purchased and self-produced energy, helping stakeholders evaluate LG Electronics's reliance on fossil fuels versus cleaner alternatives.
| Metric (GJ) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Energy Consumed | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Renewable Energy Consumed | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Non-renewable Energy Consumed | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Electricity Consumed | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
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Insights into LG Electronics's Energy Renewability
In 2023, LG Electronics consumed a total of 6.53 million Gigajoules of energy across its operations. Of this total, 6.97% 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 93.03% 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 Electronics's Energy Renewability Rate
How much of LG Electronics's energy consumed is renewable?
In 2023, LG Electronics consumed a total of 6.53 million Gigajoules of energy, of which 6.97% 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 Electronics has considerable room to improve its energy sustainability strategy.
Are LG Electronics's energy practices becoming more sustainable?
Since 2021, LG Electronics's total energy consumption decreased by 18.35%, including a further 1.95% drop in 2023, highlighting a continued decline in energy use.
Over the same period, the share of renewable energy in LG Electronics's consumption increased by 122.13%, including a 28.82% increase in 2023, showing consistent progress in clean energy adoption.
Overall, LG Electronics 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 Electronics's Renewable vs Non-renewable Energy Over Time
- Renewable Energy Consumed
- Non-renewable Energy Consumed
Insights into LG Electronics's Energy Consumption & Production Mix
In 2023, LG Electronics disclosed detailed information on both the sources and generation technologies of its consumed and produced energy This disclosure enables a clearer assessment of the LG Electronics's overall energy mix, its sourcing strategy, and its reliance on fossil fuels versus cleaner alternatives such as renewables and low-carbon technologies.
LG Electronics's Energy Consumed by Sources and Technologies
What are the main sources and generation technologies behind LG Electronics's energy consumption?
In 2023, LG Electronics's total energy consumption was primarily sourced from
- Electricity (Unspecified Source) (61.85%)
- Liquefied Natural Gas (LNG) (17.01%)
- Other Fuel (9.39%)
How diverse is LG Electronics’s energy consumption mix?
In 2023, LG Electronics consumed energy from 9 different sources or generation technologies, indicating a moderately diverse energy mix, with some concentration in a primary source.
What are the main sources or generation technologies used by LG Electronics to produce energy?
In 2023, LG Electronics's energy production came primarily from
- Solar Energy (100%)
How diverse is LG Electronics’s energy production mix?
In 2023, LG Electronics produced energy using 1 different sources or generation technologies. The energy production mix is highly concentrated, with Solar Energy alone making up 100% of total output.
LG Electronics's Energy Produced by Sources and Technologies
Insights into LG Electronics's Energy Inflows & Self-Sufficiency
In 2023, LG Electronics reported total energy inflows of 4.49 million Gigajoules, which corresponds to the company's full energy needs, including energy consumed, redistributed, sold, or stored. This energy inflow was composed of 4.48 million Gigajoules purchased from external suppliers and 18,507.6 Gigajoules generated through internal production. This corresponds to a production share of 0.41%, reflecting a 5.82% percentage point increase from the previous year (2022) and a 7.41% percentage point increase since 2021.
LG Electronics's production share has remained relatively consistent over time, with no significant fluctuations. This stability may indicate a deliberate sourcing strategy built on predictable supply patterns, or a balanced reliance on both internal and external energy sources.
LG Electronics's Energy Purchased vs Produced Over Time
- Total Energy Produced
- Total Energy Purchased