LG Corp

Common Name
LG
Country
South Korea
Sector
Technology
Industry
Consumer Electronics
Employees
194
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)2024202320222021 - 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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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

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).

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.

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 COâ‚‚ equivalent (tCOâ‚‚e).

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.

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.

What are LG's Scope 2 emissions?

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

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.

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.

What methodology does LG use for Scope 2 reporting?

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

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 COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

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.

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 COâ‚‚ equivalent (tCOâ‚‚e).

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.

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.

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.

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:

  • Purchased Goods and Services (Cat. 1): 4,196,000 tCOâ‚‚e (85.34%)
  • Upstream Transportation and Distribution (Cat. 4): 678,000 tCOâ‚‚e (13.79%)
  • Business Travel (Cat. 6): 43,000 tCOâ‚‚e (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 Total Carbon Footprint

In 2022, LG reported a total carbon footprint of 24,283,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) 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.

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%.