LG Energy Solution Ltd

Common Name
LG Energy Solution
Country
South Korea
Sector
Industrials
Industry
Electrical Equipment & Parts
Employees
12,405
Ticker
373220
Exchange
KOREA EXCHANGE
Description
LG Energy Solution Ltd. is a prominent company specializing in the development and manufacture of advanced battery solutions. As a key player in the energy storage and electric vehicle (EV) sectors, L...

LG Energy Solution's GHG Emissions Data Preview

In 2023, LG Energy Solution 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) and Scope 2 (indirect emissions from purchased energy).

However, LG Energy Solution has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2023202220212020 - 2017
Total Scope 1
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a
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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b
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b
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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a
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a
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Verified Sources Behind LG Energy Solution’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 Energy Solution’s data sources below and access millions more through our Disclosure Search.

a. LG Energy Solution's ESG Report 2023
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b. LG Energy Solution's ESG Report 2022
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Insights into LG Energy Solution's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of LG Energy Solution amounted to 1,486,391 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). a

Compared to 2022, the total operational greenhouse gas (GHG) emissions of LG Energy Solution decreased by 1.01%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

LG Energy Solution's Scope 1 Emissions Over Time

202120222023080 k160 k240 k320 ktCO2e+19%-6%
  • Total Scope 1
  • Year-over-Year Change

What are LG Energy Solution's Scope 1 emissions?

In 2023, the total Scope 1 emissions of LG Energy Solution were 287,315 metric tons of CO₂ equivalent (tCO₂e). a

Has LG Energy Solution reduced its Scope 1 emissions over time?

Since 2021, LG Energy Solution's Scope 1 emissions have increased by 11.66%, reflecting a rising long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2022), LG Energy Solution's Scope 1 emissions decreased by 6.12%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are LG Energy Solution's Scope 2 emissions?

In 2023, LG Energy Solution reported Scope 2 greenhouse gas (GHG) emissions of 1,199,076 tCO₂e using the market-based method. a

Has LG Energy Solution reduced its Scope 2 emissions over time?

Since 2021, LG Energy Solution's Scope 2 greenhouse gas (GHG) emissions (Market-Based) have increased by 11.35%, reflecting a rising long-term trend in Scope 2 emissions over time. a

Compared to the previous year (2022), LG Energy Solution's Scope 2 emissions (Market-Based) have remained relatively stable, indicating that LG Energy Solution 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does LG Energy Solution use for Scope 2 reporting?

In 2023, LG Energy Solution reported its Scope 2 emissions using the market-based method. a

LG Energy Solution's Scope 2 Emissions Over Time

2021202220230300 k600 k900 k1.2 MtCO2e
  • Total Scope 2 Market-Based
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