LG Innotek Co Ltd
LG Innotek Energy Data Preview
In 2023, LG Innotek disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.
LG Innotek 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 Innotek also disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.
Finally, LG Innotek also reported the types of energy sources as well as generation technologies, both for purchased and self-produced energy, helping stakeholders evaluate LG Innotek'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 Innotek's Energy Renewability
In 2023, LG Innotek consumed a total of 4.41 million Gigajoules of energy across its operations. Of this total, 53.52% 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 46.48% 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 Innotek's Energy Renewability Rate
How much of LG Innotek's energy consumed is renewable?
In 2023, LG Innotek consumed a total of 4.41 million Gigajoules of energy, of which 53.52% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power.
This moderate level of renewable energy adoption indicates that LG Innotek is transitioning toward cleaner energy sources, though a significant share of its energy mix still relies on non-renewable inputs.
Are LG Innotek's energy practices becoming more sustainable?
Since 2021, LG Innotek's total energy consumption increased by 35.31%, including a 12.02% increase in 2023, reflecting a sustained rise in overall energy demand.
Over the same period, the share of renewable energy in LG Innotek's consumption increased by 409.27%, including a 135.3% increase in 2023, showing consistent progress in clean energy adoption.
Overall, LG Innotek has seen rising energy demand, but has also made strong and consistent progress in increasing its reliance on renewable energyāmitigating the environmental impact of its growing consumption.
LG Innotek's Renewable vs Non-renewable Energy Over Time
- Renewable Energy Consumed
- Non-renewable Energy Consumed
Insights into LG Innotek's Energy Consumption & Production Mix
In 2023, LG Innotek 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 Innotek's overall energy mix, its sourcing strategy, and its reliance on fossil fuels versus cleaner alternatives such as renewables and low-carbon technologies.
LG Innotek's Energy Consumed by Sources and Technologies
What are the main sources and generation technologies behind LG Innotek's energy consumption?
In 2023, LG Innotek's total energy consumption was primarily sourced from
- Electricity (Unspecified Source) (80.77%)
- Steam (Unspecified Source) (7.39%)
- Fuel (Unspecified Type) (7.19%)
How diverse is LG Innotekās energy consumption mix?
In 2023, LG Innotek consumed energy from 6 different sources or generation technologies, indicating a highly concentrated energy mix, with Electricity (Unspecified Source) alone accounting for 80.77% of total consumption.
What are the main sources or generation technologies used by LG Innotek to produce energy?
In 2023, LG Innotek's energy production came primarily from
- Solar Energy (100%)
How diverse is LG Innotekās energy production mix?
In 2023, LG Innotek 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 Innotek's Energy Produced by Sources and Technologies
Insights into LG Innotek's Energy Inflows & Self-Sufficiency
In 2023, LG Innotek reported total energy inflows of 4.1 million Gigajoules, which corresponds to the company's full energy needs, including energy consumed, redistributed, sold, or stored. This energy inflow was composed of 4.1 million Gigajoules purchased from external suppliers and 1,785.6 Gigajoules generated through internal production. This corresponds to a production share of 0.04%, reflecting a 1.4% percentage point decrease from the previous year (2022) and a 1.46% percentage point increase since 2021.
LG Innotek'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 Innotek's Energy Purchased vs Produced Over Time
- Total Energy Produced
- Total Energy Purchased