In 2024, 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) and Scope 2 (indirect emissions from purchased energy).
However, LG has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 5,891,000a | 5,399,000a | 5,907,000a | |
Total Scope 2 | ||||
Market-Based | 5,828,000a | 6,030,000a | 6,185,000a | |
Location-Based | N/A | N/A | N/A | |
Unspecified Calculation Method | N/A | N/A | N/A | |
Total Scope 3 | N/A | N/A | 4,918,000b | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 1,204.7089a | 926.6281a | 1,035.9545a |
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In 2024, the total operational greenhouse gas (GHG) emissions of LG amounted to 11,719,000 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 2023, the total operational greenhouse gas (GHG) emissions of LG increased by 2.54%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2024, the total Scope 1 emissions of LG were 5,891,000 metric tons of CO₂ equivalent (tCO₂e).a
Since 2020, LG's Scope 1 emissions have decreased by 28.71%, reflecting a declining long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2023), LG's Scope 1 emissions increased by 9.11%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
In 2024, LG reported Scope 2 greenhouse gas (GHG) emissions of 5,828,000 tCO₂e using the market-based method.a
Compared to the previous year (2023), LG's Scope 2 emissions (Market-Based) have remained relatively stable, indicating that LG's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2024, LG reported its Scope 2 emissions using the market-based method.a
In 2024, LG reported Scope 1 greenhouse gas (GHG) emissions of 5,891,000 tCO₂e and total revenues of USD 4,890 millions. This translates into an emissions intensity of 1,204.71 tCO₂e per millions USD.a
In 2024, LG reported a Scope 1 emissions intensity of 1,204.71 tCO₂e per millions USD. Compared to the peer group median of 1.16, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, LG ranked 26 out of 25 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