LG Attains Top 1% Status in S&P Global’s Sustainability Yearbook 2024
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By News Reporter
As global environmental regulations tighten across the EU and beyond, industries worldwide are under growing pressure to eliminate harmful substances and adopt more sustainable practices. The automotive sector, in particular, is at the forefront of this shift, with automakers expected to lead the charge in meeting rising sustainability and compliance demands.
To stay ahead of these evolving challenges, LG is enhancing its end-to-end support system by working closely with customers and suppliers to foster a more resilient, eco-conscious automotive supply chain.
At the core of these efforts is LG’s Vehicle Solution Material Data System (VSMDS), launched in 2022. This in-house platform was developed to help automakers efficiently meet global environmental standards by providing an advanced, intelligent solution for managing material data used in automotive component development and production.
While the International Material Data System (IMDS) remains the industry’s mandated tool for tracking material content, LG’s VSMDS complements it by providing a more intuitive and insight-driven interface. The platform simplifies regulatory complexity, clarifies exemptions and delivers actionable insights – enabling deeper material analysis beyond what IMDS alone can offer.
A recent and compelling example of VSMDS in action is LG’s proactive preparation for the EU’s proposed ban on PFAS (per- and polyfluoroalkyl substances), expected to take effect in 2030. Leveraging VSMDS, LG and its suppliers can precisely assess PFAS content in materials, identify affected components and take early corrective measures. This capability not only supports timely regulatory compliance but also helps prevent potential environmental and safety incidents.
Beyond internal tools, the LG Vehicle Solution (VS) Company is actively empowering its supplier network to adapt to changing regulatory landscapes. Since 2022, LG’s dedicated VS Environment Analysis team has provided regular training sessions, expert consulting and updated guidance on country-specific regulations and global automaker policies. To date, more than 300 supplier employees have participated in these programs, equipping them with the knowledge needed to stay compliant and competitive.
LG is also contributing as a demand-side partner in a government-led R&D project, led by the Korea Institute of Industrial Technology (KITECH). This initiative aims to develop a carbon management platform that helps suppliers accurately track emissions and formulate reduction plans, in line with both government mandates and OEM requirements.
These wide-ranging efforts have earned LG industry recognition. The company was nominated as “2025 Leading Company in Global Environmental Compliance” and received the Minister of Trade, Industry and Energy Award for its proactive leadership in environmental stewardship.
By leading through collaboration with customers and partners, LG is not only meeting strict regulations but also designing the blueprint for a stronger, more sustainable automotive supply chain and a cleaner, more resilient mobility ecosystem.
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By News Reporter
Company Shares Progress on Greenhouse Gas Reduction and Resource
Circulation, Reinforces Commitment to Responsible Management
SEOUL, July 11, 2025 — LG Electronics (LG) has released its 2024–2025 Sustainability Report, highlighting the company’s strong progress toward its 2030 environmental targets, including reductions in greenhouse gas (GHG) emissions and advancements in resource circularity. The report outlines the company’s wide-ranging efforts to embed sustainability into its operations as part of its vision for a Better Life for All.
In 2024, LG’s Scope 1 (direct) and Scope 2 (indirect) emissions totaled 910,000 tons of CO₂ equivalent (tCO₂eq), bringing the company close to its 2030 goal of 878,000 tons. The company had previously set itself the goal to reduce GHG emissions by 54.6 percent (compared to 2017 levels) by 2030. The early achievement of this goal was driven by proactive adoption of energy-efficient equipment and carbon-reduction technologies across multiple production processes.
LG is also making headway in cutting Scope 3 emissions from product use through expanded application of AI and other energy-saving technologies. In 2024, the company reduced product carbon emissions by 19.4 percent compared to 2020. Notably, LG was the first South Korean home appliance manufacturer to have its emissions reduction targets validated by the Science Based Targets initiative (SBTi). These targets include a 20 percent cut in Scope 3 emissions across seven key product categories by 2030 (based on a 2020 baseline).
Progress has also been made in resource circulation. LG achieved a 97.4 percent waste recycling rate at its global production sites in 2024 – surpassing its 2030 goal of 95 percent. The company also collected 532,630 tons of used electronics from 91 locations in 56 countries last year, bringing its cumulative total since 2006 to over 5 million tons. Additionally, LG increased the amount of recycled plastic used in its products by 36 percent year-over-year.
LG remains committed to enhancing accessibility in its products and services. The LG Comfort Kit, designed to make appliances easier to use regardless of age, gender or ability, now includes 14 products. Accessibility features such as screen reading and simultaneous audio output for hearing aids and speakers on LG OLED TVs, as well as kiosks with height adjustment and tactile keypads, further reflect this commitment. The company also provides inclusive services including disability care programs, sign language consultations, senior support and in-store educational sessions on safety, IT and culture.
LG continues to strengthen its approach to responsible management through a governance structure rooted in compliance and ethics. The company’s board of directors is guided by principles of independence, expertise and transparency, while its ESG Committee plays an expanding role in overseeing sustainability initiatives. In its supply chain, LG supports shared growth through third-party ESG audits aligned with Responsible Business Alliance (RBA) standards.
As a result of its continued efforts, LG ranked in the link hidden, please login to view of S&P Global’s Corporate Sustainability Assessment (CSA) for the second year in a row. The company has also earned an “A” grade from Morgan Stanley Capital International (MSCI) for five consecutive years and has been included in the Dow Jones “Best-in-Class World Index” for 13 straight years.
LG has published its annual sustainability report since 2006. To download the full 2024–2025 report, visit: .
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By News Reporter
Company Recognized as One of the World’s Most
Responsible and Sustainability-Focused Corporate Citizens
SEOUL, Feb. 13, 2025 — LG Electronics (LG) has once again secured a “Top 1%” ranking in S&P Global’s Corporate Sustainability Assessment (CSA), marking the second consecutive year it has received this distinction. Scoring 77 out of 100, LG achieved the highest marks among the 66 companies in the CSA’s Leisure Equipment & Products and Consumer Electronics industry category.
LG’s consistent performance across multiple assessment categories reflects its commitment to responsible environmental, social and governance (ESG) management. The company received high marks in environmental criteria, demonstrating strong performance in waste and pollutants management, energy management program and climate strategy. It also scored well in social categories, including human rights, supply chain management and customer relations. Additionally, LG earned high ratings in governance for its transparency in reporting sustainability-related information.
S&P Global’s CSA provides a comprehensive evaluation of companies’ ESG performance, identifying the top 1 percent, 5 percent and 10 percent in each industry. Out of 7,690 companies across 62 industries assessed in the latest evaluation, only 66 achieved the “Top 1%” ranking.
Securing this recognition for consecutive years highlights LG’s growing global acknowledgment as a leader in ESG management. The CSA serves as a key benchmark for investors worldwide, reinforcing LG’s commitment to sustainable business practices.
To realize its Better Life for All vision, LG has established six strategic tasks for ESG management. These are focused on what LG terms the “3Cs” for the planet (carbon neutrality, circularity and clean technology), and the “3Ds” for people (design for all, decent workplace and diversity & inclusion).
LG is furthering its commitment to sustainability with plans to transition to 100 percent renewable energy at all domestic and U.S. business sites, as well as international manufacturing facilities, by 2050. As part of its climate action strategy, the company aims to achieve carbon neutrality by 2030.
Notably, LG became the first home appliance company in South Korea to have its corporate greenhouse gas (GHG) emissions reduction targets validated by the Science Based Targets initiative (SBTi). The company is committed to reducing absolute Scope 1 and Scope 2 GHG emissions by 54.6 percent by 2030, using 2017 as the baseline year. Additionally, LG is committed to cutting Scope 3 emissions from the use of sold products by 20 percent per functional unit by 2030, based on a 2020 baseline.
Additionally, LG is enhancing resource efficiency by increasing the use of recycled plastics sourced from waste appliances and developing paper-based cushioning materials to reduce plastic use in packaging.
LG remains dedicated to fostering a strong corporate culture rooted in ethical business practices. The company has implemented its Code of Ethics and Code of Conduct across all business sites and has established Human Rights Principles to uphold corporate integrity. LG continues to transparently communicate its business direction and corporate value enhancement plans, including the Future Vision 2030, the LG Electronics India IPO and shareholder return policies, ensuring meaningful engagement with stakeholders.
Furthermore, LG has reinforced its corporate governance structure by establishing clear guidelines on the independence, diversity and expertise of its independent directors, along with the implementation of its corporate governance charter.
“As a responsible global corporate citizen, LG remains dedicated to upholding the principles of good ESG management and will continue striving toward a future of shared, sustainable growth,” said Hong Sung-min, head of LG’s ESG Strategy Division.
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By News Reporter
Only South Korean Company Recognized in Leisure Equipment & Products and
Consumer Electronics Category for 13 Years
SEOUL, Dec. 24, 2024 — LG Electronics (LG) has once again secured its position in the Dow Jones Sustainability World Index (DJSI World) for the thirteenth consecutive year. The DJSI World ranks the top 10 percent of the largest 2,500 global companies based on their economic, environmental, social and governance (ESG) practices, serving as a critical benchmark for investors assessing corporate sustainability.
Notably, LG earned the highest overall score in the Leisure Equipment & Products and Consumer Electronics industry category. Furthermore, it remains the only South Korean company to be included in this category for 13 years running.
Additionally, LG has been included in the DJSI Asia Pacific (top 20 percent of the 600 largest companies in the Asia-Pacific region) and DJSI Korea (top 30 percent of the 200 largest companies in Korea) for 15 and 16 consecutive years, respectively.
LG received high evaluations across various ESG areas, including environmental policy and management, human rights management, human resource management, customer relations, supply chain management and product responsibility management.
Under the ESG management vision of Better Life for All, LG is carrying out various activities with the strategy of Better Life for All, LG is carrying out various activities with the strategy of“3Cs” for the planet (carbon neutrality, circularity and clean technology) and “3Ds” for people (design for all, decent workplace and diversity & inclusion).
To achieve its 3C goals for the planet, LG has set ambitious targets, including reaching carbon neutrality in its product manufacturing process by 2030 and transitioning to 100 percent renewable energy by 2050.
Specifically, LG plans to reduce direct greenhouse gas emissions (Scope 1) and indirect greenhouse gas emissions (Scope 2) in the product production stage by 54.6 percent compared to 2017 levels. This will be accomplished through process improvements, the introduction of energy-saving technologies and the use of renewable energy. Notably, LG was the first company in the home appliance industry to obtain UN carbon credits in 2015.
In addition, LG is focused on reducing the unit greenhouse gas emissions of its seven major product groups (TVs, monitors, refrigerators, washing machines, dryers and home and system air conditioners) by 20 percent compared to 2020 levels during the product use stage (Scope 3). This commitment involves various activities aimed at improving the energy efficiency of individual products, thereby reducing overall carbon emissions.
As a member of the UN Global Compact and the Responsible Business Alliance, LG complies with international human rights and labor standards and is enhancing its human rights management processes to respond to strengthening global ESG-related legislation.
In the ESG evaluation and rating announcement results published by the Korea Corporate Governance Service this year, LG received an overall A grade for four consecutive years. LG also received an A grade for five consecutive years in the ESG evaluation conducted by the global ESG evaluation agency Morgan Stanley Capital International, gaining recognition for its ESG management performance from credible domestic and international institutions.
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By News Reporter
Earth Day, observed annually on April 22, serves as an essential call to action for the preservation of our planet for future generations. LG is dedicated to promoting this cause through local initiatives, underlining the impact of every action in protecting our environment.
LG USA aims to foster a greater appreciation for our environment and promote sustainable practices, with the goal of instigating positive change and contributing to the long-term health of our planet. The company is actively seeking to make a real difference by inspiring the next generation of conservationists and addressing urgent issues such as the extinction crisis and climate change.
To reinforce its commitment to sustainability and environmental stewardship, and to reflect its ‘Life’s Good’ ethos, LG organized the ‘Life’s Good Earth Day Fair’ on April 22 at its Englewood Cliffs, New Jersey campus. This public event featured a range of activities emphasizing the importance of sustainable practices.
In collaboration with the National Wildlife Federation (NWF), the fair provided useful information on sustainable best practices and guidance on creating a Certified Wildlife Habitat® in living, working and recreational spaces.
A key component of the event was the e-Waste Drive, which,
link hidden, please login to view, provided attendees with the opportunity to responsibly discard unwanted electronics. Participants who brought e-waste for recycling were granted a ticket to join the campus activities.
LG also unveiled a new pollinator garden at its headquarters. The garden, which has been recognized as a Certified Wildlife Habitat® by the NWF, features native plants designed to attract a variety of pollinators such as bees, butterflies, moths and beetles. LG anticipates that this initiative will boost biodiversity, stimulate plant growth, enhance air quality and support wildlife. Attendees were encouraged to plant a flower in the garden, contributing to a healthier ecosystem.
Additionally, LG offered tours of the to students, teachers and local community members, showcasing its innovative technologies and sustainability initiatives. Visitors had the opportunity to participate in scavenger hunts organized by the NWF, enjoy food vendors and giveaways, and meet Ranger Rick® and NWF Naturalist Dave Mizejewski.
The Life’s Good Earth Day Fair is just one of LG’s initiatives to commemorate Earth Day. Last week, the company , showcasing content that highlighted some of the world’s most vulnerable and endangered as well as recovered species in need of ongoing protection. Beginning with the snow leopard and followed by the bald eagle, Galapagos sea lion and reindeer later this year, the series will portray each animal in stunning 3D that appears to be extending out of the actual display.
And, through partnerships with global edtech leader Discovery Education and the NWF, LG will host a K-12 educational series about vulnerable and endangered species. The LG Endangered Species Series will provide K-12 students with a deeper understanding of the unique qualities of endangered animals, and the role they play in maintaining a healthy ecosystem while fostering an appreciation of what makes each species special. Educators and students may access the free, standards-aligned digital resources created with Discovery Education at .
In addition to these activations, LG is working to make Earth Day every day by developing the most innovative products that help provide consumers with significant savings through energy efficiency. As a , LG , showing the company’s commitment to helping U.S. consumers make energy choices that make a difference, from cutting household utility bills to reducing impact on the environment.
Contributed by LG USA
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