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LG Electronics Inc
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) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Total Scope 2 | ||||
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
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aVerified Sources Behind LG Electronics’s Greenhouse Gas (GHG) Emissions Data
Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore LG Electronics’s data sources below and access millions more through our Disclosure Search.
Insights into LG Electronics's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions ofLG Electronics amounted to906,000metric 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 2023, the total operational greenhouse gas (GHG) emissions of LG Electronicsincreased by 3.63%, suggesting that the company faced challenges in reducing its emissions from its core operations.ab
LG Electronics's Scope 1 Emissions Over Time
- 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).a
Has LG Electronics reduced its Scope 1 emissions over time?
Since 2019, LG Electronics's Scope 1 emissions have decreased by 62.75%, reflecting a declining long-term trend in Scope 1 emissions over time.ac
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.ab
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.a
Has LG Electronics reduced its Scope 2 emissions over time?
Since 2019, LG Electronics's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method)have decreased by 21.63%, reflecting a declining long-term trend in Scope 2 emissions over time.ac
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.ab
What methodology does LG Electronics use for Scope 2 reporting?
In 2024, LG Electronics reported its Scope 2 emissions using an unspecified methodology.a
LG Electronics's Scope 2 Emissions Over Time
- 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.a
The 2024 disclosure of LG Electronics includes a breakdown across 13of 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.a
LG Electronics's Scope 3 Emissions Over Time
- 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).a
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.a
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.a
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.a
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:a
- 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
Insights into LG Electronics’s GHG Emissions Intensity Compared to Industry Peers
In 2024, LG Electronics reported Scope 1 greenhouse gas (GHG) emissions of 225,000 tCOâ‚‚e and total revenues of USD 59,785 millions. This translates into an emissions intensity of 3.76 tCOâ‚‚e per millions USD.a
LG Electronics's Scope 1 Emissions Intensity Compared to Peers
How does LG Electronics's GHG emissions intensity compare to its peers?
In 2024, LG Electronics reported a Scope 1 emissions intensity of 3.76 tCOâ‚‚e per millions USD. Compared to the peer group median of 1.16, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
Where does LG Electronics rank on GHG emissions intensity within its industry?
In 2024, LG Electronics ranked 18 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
LG Electronics is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
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.ab
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%.a