LG Electronics Inc

Common Name
LG Electronics
Country
South Korea
Sector
Technology
Industry
Consumer Electronics
Employees
34,626
Ticker
066570
Exchange
KOREA EXCHANGE
Description
LG Electronics Inc., a leading corporation in the electronics manufacturing industry, is renowned for its diverse portfolio of products that include consumer electronics, mobile communications, and ho...

LG Electronics's GHG Emissions Data Preview

In 2024, LG Electronics 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 Electronics has also provided a category-level breakdown for 13 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
0000000
Copy restricted. Please purchase to unlock this data.
Copy restricted. Please purchase to unlock this data.
0000000
Total Scope 2
Unspecified Calculation Method
0000000
Copy restricted. Please purchase to unlock this data.
Copy restricted. Please purchase to unlock this data.
0000000
Total Scope 3
0000000
Copy restricted. Please purchase to unlock this data.
Copy restricted. Please purchase to unlock this data.
0000000

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 Electronics's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of LG Electronics amounted to 906,000 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 2023, the total operational greenhouse gas (GHG) emissions of LG Electronics increased by 3.63%, suggesting that the company faced challenges in reducing its emissions from its core operations.

LG Electronics's Scope 1 Emissions Over Time

20182019202020212022202320240200 k400 k600 k800 ktCO2e-23%-29%-22%-20%-21%+8%
  • Total Scope 1
  • Year-over-Year Change

What are LG Electronics's Scope 1 emissions?

In 2024, the total Scope 1 emissions of LG Electronics were 225,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has LG Electronics reduced its Scope 1 emissions over time?

Since 2018, LG Electronics's Scope 1 emissions have decreased by 71.34%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2023), LG Electronics's Scope 1 emissions increased by 7.68%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.

What are LG Electronics's Scope 2 emissions?

In 2024, LG Electronics reported Scope 2 greenhouse gas (GHG) emissions of 681,000 tCOâ‚‚e without specifying the calculation method.

Has LG Electronics reduced its Scope 2 emissions over time?

Since 2018, LG Electronics's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have decreased by 20.07%, reflecting a declining long-term trend in Scope 2 emissions over time.

Compared to the previous year (2023), LG Electronics's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that LG Electronics 's emissions have plateaued with no significant change in its energy consumption footprint.

What methodology does LG Electronics use for Scope 2 reporting?

In 2024, LG Electronics reported its Scope 2 emissions using an unspecified methodology.

LG Electronics's Scope 2 Emissions Over Time

20182019202020212022202320240250 k500 k750 k1 MtCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into LG Electronics's Value Chain Emissions

In 2024, LG Electronics reported 72,759,601 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 2024 disclosure of LG Electronics includes a breakdown across 13 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.

LG Electronics's Scope 3 Emissions Over Time

20202021202220232024020 M40 M60 M80 MtCO2e+12%-4%+8%+5%
  • Total Scope 3
  • Year-over-Year Change

What are LG Electronics's Scope 3 emissions?

In 2024, LG Electronics reported total Scope 3 emissions of 72,759,601 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 6.23% of these emissions originated from upstream activities such as purchased goods and capital goods, while 93.77% came from downstream activities like product use, distribution, and end-of-life treatment.

Compared to the previous year (2023), LG Electronics's Scope 3 emissions remained relatively stable, indicating that LG Electronics 's emissions have plateaued with no significant change in its value chain footprint.

What categories of Scope 3 emissions does LG Electronics disclose?

In 2024, LG Electronics reported emissions for 13 out of the 15 Scope 3 categories defined by the GHG Protocol.

This reflects a high level of granularity and transparency in the company's emissions reporting.

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

In 2024, the largest contributors to LG Electronics's Scope 3 emissions were:

  • Use of Sold Products (Cat. 11): 65,061,927 tCOâ‚‚e (89.42%)
  • Purchased Goods and Services (Cat. 1): 2,468,350 tCOâ‚‚e (3.39%)
  • Investments (Cat. 15): 1,902,052 tCOâ‚‚e (2.61%)

LG Electronics's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(3.4%)Investments(Cat. 15)(2.6%)Use of Sold Products(Cat. 11)(89.4%)

Insights into LG Electronics's Total Carbon Footprint

In 2024, LG Electronics reported a total carbon footprint of 73,665,601 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 5.18% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.

The largest contributor to LG Electronics's total carbon footprint was Scope 3 emissions, accounting for 98.77% of the company's total carbon footprint, followed by Scope 2 emissions at 0.92%.