In 2024, LG Energy Solution disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.
LG Energy Solution disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.
| Metric (GJ) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Energy Consumption | 45,723,000a | 40,839,000a | 37,823,000a | |
Non-Renewable Energy Consumption | 25,697,000a | 22,887,000a | 21,093,000a | |
Renewable Energy Consumption | 20,026,000a | 17,952,000a | 16,730,000a |
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In 2024, LG Energy Solution consumed a total of 45.72 million Gigajoules of energy across its operations. Of this total, 43.8% 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 56.2% 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.a
In 2024, LG Energy Solution consumed a total of 45.72 million Gigajoules of energy, of which 43.8% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power.a
This moderate level of renewable energy adoption indicates that LG Energy Solution is transitioning toward cleaner energy sources, though a significant share of its energy mix still relies on non-renewable inputs.
Since 2022, LG Energy Solution's total energy consumption increased by 20.89%, including a 11.96% increase in 2024, reflecting a sustained rise in overall energy demand.a
Over the same period, the share of renewable energy in LG Energy Solution's mix has remained stable both in the long term and in 2024, indicating consistency in renewable sourcing with limited change.a
Overall, LG Energy Solution’s energy demand is increasing, yet its renewable energy share has remained flat. This suggests limited progress in decarbonizing its energy mix despite higher energy usage.