LG Innotek Co Ltd
LG Innotek's GHG Emissions Data Preview
In 2023, LG Innotek 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 Innotek has also provided a category-level breakdown for 7 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2023 | 2022 | 2021 | 2020 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 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 2 | ||||
Market-Based | 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 |
Location-Based | 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 |
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 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.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
a
a
a
a
a
a
aVerified Sources Behind LG Innotek’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 Innotek’s data sources below and access millions more through our Disclosure Search.
Insights into LG Innotek's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of LG Innotek amounted to 509,660 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 Innotek increased by 12.44%, suggesting that the company faced challenges in reducing its emissions from its core operations. a
LG Innotek's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are LG Innotek's Scope 1 emissions?
In 2023, the total Scope 1 emissions of LG Innotek were 21,387 metric tons of CO₂ equivalent (tCO₂e). a
Has LG Innotek reduced its Scope 1 emissions over time?
Since 2020, LG Innotek's Scope 1 emissions have increased by 42.19%, reflecting a rising long-term trend in Scope 1 emissions over time. a b
Compared to the previous year (2022), LG Innotek's Scope 1 emissions increased by 10.02%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a
What are LG Innotek's Scope 2 emissions?
In 2023, LG Innotek reported Scope 2 greenhouse gas (GHG) emissions of 221,450 tCO₂e using the market-based method and 488,273 tCO₂e using the location-based method. a
Has LG Innotek reduced its Scope 2 emissions over time?
Compared to the previous year (2022), LG Innotek's Scope 2 emissions (Location-Based) rose by 12.55% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a
What methodology does LG Innotek use for Scope 2 reporting?
In 2023, LG Innotek reported its Scope 2 emissions using the market-based method and using the location-based method. a
LG Innotek's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
- Total Scope 2 (Unspecified Calculation Method)
Insights into LG Innotek's Value Chain Emissions
In 2023, LG Innotek reported 689,031 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a
The 2023 disclosure of LG Innotek includes a breakdown across 7 of the 15 Scope 3 categories defined by the GHG Protocol, up from 1 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain a
LG Innotek's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are LG Innotek's Scope 3 emissions?
In 2023, LG Innotek reported total Scope 3 emissions of 689,031 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment. a
Has LG Innotek reduced its Scope 3 emissions over time?
Since 2020, LG Innotek's Scope 3 emissions have increased by 414,978.92%, reflecting a rising long-term trend in Scope 3 emissions over time. a b
Compared to the previous year (2022), LG Innotek's Scope 3 emissions increased by 51,397.09%, suggesting that the company faced challenges in reducing emissions across its value chain. a
What categories of Scope 3 emissions does LG Innotek disclose?
In 2023, LG Innotek reported emissions for 7 out of the 15 Scope 3 categories defined by the GHG Protocol. a
This partial disclosure allows for some insight into the company's indirect impacts.
What are the main sources of LG Innotek's Scope 3 emissions?
In 2023, the largest contributors to LG Innotek's Scope 3 emissions were: a
- Purchased Goods and Services (Cat. 1): 487,143 tCO₂e (70.7%)
- Upstream Transportation and Distribution (Cat. 4): 80,337 tCO₂e (11.66%)
- Fuel- and Energy-Related Services (Cat. 3): 67,560 tCO₂e (9.81%)
LG Innotek's Scope 3 Emissions by Categories
Insights into LG Innotek’s GHG Emissions Intensity Compared to Industry Peers
In 2023, LG Innotek reported Scope 1 greenhouse gas (GHG) emissions of 21,387 tCO₂e and total revenues of USD 16,125 millions. This translates into an emissions intensity of 1.33 tCO₂e per millions USD. a
LG Innotek's Scope 1 Emissions Intensity Compared to Peers
How does LG Innotek's GHG emissions intensity compare to its peers?
In 2023, LG Innotek reported a Scope 1 emissions intensity of 1.33 tCO₂e per millions USD. Compared to the peer group median of 10.01 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a
Where does LG Innotek rank on GHG emissions intensity within its industry?
In 2023, LG Innotek ranked 6 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
LG Innotek is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a
Insights into LG Innotek's Total Carbon Footprint
In 2023, LG Innotek reported a total carbon footprint of 1,198,691 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 163.68% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a
The largest contributor to LG Innotek's total carbon footprint was Scope 3 emissions, accounting for 57.48% of the company's total carbon footprint, followed by Scope 2 emissions at 40.73%. a