LG Corp

Common Name
LG
Country
South Korea
Sector
Technology
Industry
Consumer Electronics
Employees
198
Ticker
003550
Exchange
KOREA EXCHANGE
Description
LG Corp is a South Korean multinational conglomerate known for its diverse range of products and services. Founded in 1947, it has grown to become a crucial player in various industries, including ele...

LG's GHG Emissions Data Preview

In 2022, LG 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 has also provided a category-level breakdown for 3 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2022202120202019 - 2017
Total Scope 1
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Total Scope 2
Unspecified Calculation Method
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind LG’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’s data sources below and access millions more through our Disclosure Search.

a. LG's ESG Report 2023
a. LG's ESG Report 2023
b. LG's Net Zero Special Report 2022
b. LG's Net Zero Special Report 2022

Insights into LG's Operational Emissions

In 2022, the total operational greenhouse gas (GHG) emissions of LG amounted to 19,365,000 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 2021, the total operational greenhouse gas (GHG) emissions of LG decreased by 10.98%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

LG's Scope 1 Emissions Over Time

201820202021202202.5 M5 M7.5 M10 MtCO2e-16%-1%-9%
  • Total Scope 1
  • Year-over-Year Change

What are LG's Scope 1 emissions?

In 2022, the total Scope 1 emissions of LG were 7,442,000 metric tons of CO₂ equivalent (tCO₂e). a

Has LG reduced its Scope 1 emissions over time?

Since 2018, LG's Scope 1 emissions have decreased by 24.52%, reflecting a declining long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2021), LG's Scope 1 emissions decreased by 9.09%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are LG's Scope 2 emissions?

In 2022, LG reported Scope 2 greenhouse gas (GHG) emissions of 11,923,000 tCO₂e without specifying the calculation method. a

Has LG reduced its Scope 2 emissions over time?

Since 2018, LG's Scope 2 greenhouse gas (GHG) emissions ( Unspecified Calculation Method) have remained relatively stable, indicating that LG 's emissions have plateaued with no significant change in its energy consumption footprint. a b

Compared to the previous year (2021), LG's Scope 2 emissions (Unspecified Calculation Method) fell by 12.12% in 2022, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. a

What methodology does LG use for Scope 2 reporting?

In 2022, LG reported its Scope 2 emissions using an unspecified methodology. a

LG's Scope 2 Emissions Over Time

201820202021202203.5 M7 M10.5 M14 MtCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into LG's Value Chain Emissions

In 2022, LG reported 4,918,000 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 2022 disclosure of LG includes a breakdown across 3 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2021, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

LG's Scope 3 Emissions Over Time

20202021202202 M4 M6 M8 MtCO2e-28%+3%
  • Total Scope 3
  • Year-over-Year Change

What are LG's Scope 3 emissions?

In 2022, LG reported total Scope 3 emissions of 4,918,000 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

Compared to the previous year (2021), LG's Scope 3 emissions remained relatively stable, indicating that LG 's emissions have plateaued with no significant change in its value chain footprint. a

What categories of Scope 3 emissions does LG disclose?

In 2022, LG reported emissions for 3 out of the 15 Scope 3 categories defined by the GHG Protocol. a

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

What are the main sources of LG's Scope 3 emissions?

In 2022, the largest contributors to LG's Scope 3 emissions were: a

  • Purchased Goods and Services (Cat. 1): 4,196,000 tCO₂e (85.34%)
  • Upstream Transportation and Distribution (Cat. 4): 678,000 tCO₂e (13.79%)
  • Business Travel (Cat. 6): 43,000 tCO₂e (0.87%)

LG's Scope 3 Emissions by Categories

UpstreamTransportation andDistribution(Cat. 4)(13.8%)Purchased Goods andServices (Cat. 1)(85.3%)

Insights into LG’s GHG Emissions Intensity Compared to Industry Peers

In 2022, LG reported Scope 1 greenhouse gas (GHG) emissions of 7,442,000 tCO₂e and total revenues of USD 5,702 millions. This translates into an emissions intensity of 1,305.16 tCO₂e per millions USD. a

LG's Scope 1 Emissions Intensity Compared to Peers

1050020,0001,000,00050,000,000Scope 1 Emissions (tCO2e)505005,000100,0001,000,000Revenues (Millions of USD)TPrimax ElectronicsYear: 2023Scope 1: 4,974 tCO2eRevenue: $M 1,972Scope 1 Intensity: 2.52 tCO2e/$MTTTianma MicroelectronicsYear: 2022Scope 1: 263,187 tCO2eRevenue: $M 4,516Scope 1 Intensity: 58.27 tCO2e/$MShenzhen Transsion HoldingsYear: 2023Scope 1: 25 tCO2eRevenue: $M 8,893Scope 1 Intensity: 0.00 tCO2e/$MSamsung ElectronicsYear: 2024Scope 1: 4,725,000 tCO2eRevenue: $M 205,038Scope 1 Intensity: 23.04 tCO2e/$MGoertekYear: 2023Scope 1: 49,185 tCO2eRevenue: $M 13,870Scope 1 Intensity: 3.55 tCO2e/$MSkyworth GroupYear: 2023Scope 1: 2,603 tCO2eRevenue: $M 10,604Scope 1 Intensity: 0.25 tCO2e/$MVidralaYear: 2023Scope 1: 855,850 tCO2eRevenue: $M 1,581Scope 1 Intensity: 541.42 tCO2e/$MPanasonic HoldingsYear: 2024Scope 1: 316,000 tCO2eRevenue: $M 56,104Scope 1 Intensity: 5.63 tCO2e/$MXiaomiYear: 2023Scope 1: 12,253 tCO2eRevenue: $M 38,122Scope 1 Intensity: 0.32 tCO2e/$MHuaqin TechnologyYear: 2023Scope 1: 5,218 tCO2eRevenue: $M 12,009Scope 1 Intensity: 0.43 tCO2e/$MSony GroupYear: 2023Scope 1: 241,000 tCO2eRevenue: $M 82,390Scope 1 Intensity: 2.93 tCO2e/$MDMEGCYear: 2023Scope 1: 70,982 tCO2eRevenue: $M 2,775Scope 1 Intensity: 25.58 tCO2e/$MHangzhou EZVIZ NetworkYear: 2023Scope 1: 565 tCO2eRevenue: $M 681Scope 1 Intensity: 0.83 tCO2e/$MLG ElectronicsYear: 2024Scope 1: 225,000 tCO2eRevenue: $M 59,785Scope 1 Intensity: 3.76 tCO2e/$MTCL Electronics HoldingsYear: 2023Scope 1: 6,118 tCO2eRevenue: $M 10,114Scope 1 Intensity: 0.60 tCO2e/$MSharpYear: 2023Scope 1: 290,000 tCO2eRevenue: $M 19,130Scope 1 Intensity: 15.16 tCO2e/$MCasio ComputerYear: 2023Scope 1: 3,385 tCO2eRevenue: $M 1,981Scope 1 Intensity: 1.71 tCO2e/$MMerry ElectronicsYear: 2023Scope 1: 1,592 tCO2eRevenue: $M 1,196Scope 1 Intensity: 1.33 tCO2e/$MXiamen IntretechYear: 2023Scope 1: 1,070 tCO2eRevenue: $M 543Scope 1 Intensity: 1.97 tCO2e/$MDixon Technologies (India)Year: 2024Scope 1: 621 tCO2eRevenue: $M 2,112Scope 1 Intensity: 0.29 tCO2e/$MHTCYear: 2024Scope 1: 163 tCO2eRevenue: $M 94Scope 1 Intensity: 1.73 tCO2e/$MLG DisplayYear: 2023Scope 1: 1,056,041 tCO2eRevenue: $M 16,693Scope 1 Intensity: 63.26 tCO2e/$MAppleYear: 2024Scope 1: 55,200 tCO2eRevenue: $M 390,935Scope 1 Intensity: 0.14 tCO2e/$MLGYear: 2022Scope 1: 7,442,000 tCO2eRevenue: $M 5,702Scope 1 Intensity: 1,305.16 tCO2e/$M

How does LG's GHG emissions intensity compare to its peers?

In 2022, LG reported a Scope 1 emissions intensity of 1,305.16 tCO₂e per millions USD. Compared to the peer group median of 1.97 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does LG rank on GHG emissions intensity within its industry?

In 2022, LG ranked 24 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

This places LG among the least efficient performers, with one of the highest emissions intensities in its sector. a

Insights into LG's Total Carbon Footprint

In 2022, LG reported a total carbon footprint of 24,283,000 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 8.42% decrease compared to 2021, indicating progress in reducing its overall greenhouse gas output. a

The largest contributor to LG's total carbon footprint was Scope 2 emissions, accounting for 49.1% of the company's total carbon footprint, followed by Scope 1 emissions at 30.65%. a

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