LG’s GHG emissions reduction target validated by climate expert SBTi
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Proposed by LG Electronics USA, Inc.
SEOUL, South Korea, Nov. 2, 2021 / CSRwire / – LG Electronics’ strategy to reduce greenhouse gas (GHG) emissions from generation to use by 2030 has been independently reviewed and validated by the climate expert SBTi. This validation from the Science Based Targets Initiative confirms LG’s confidence in its strategy to reduce the total amount of direct GHG emissions in line with the commercial ambition of 1.5 ° C, to which LG committed earlier This year.
LG is the first South Korean home appliance maker to gain validation from SBTi, the global coalition organization co-founded by the Carbon Information Disclosure Project, the United Nations Global Compact, the World Resources Institute and the World Wide Fund for Nature to promote scientific objectives to reduce GHG emissions.
To achieve LG’s Zero Carbon 2030 commitment established in 2019, the company’s plan is to reduce the total amount of direct greenhouse gas emissions in Scope 1 and target indirect greenhouse gases. generated during the production process by 50% compared to 2017 standards in Scope 2. In Scope 3, LG plans to reduce GHG emissions by up to 20% at the stage of product use.
As part of its recently unveiled Zero Negative Environmental Impact initiative, LG plans to establish more production sites that positively impact the environment. To ensure the company meets its ambitious carbon neutrality and circular economy goals, LG intends to reduce the use of petrochemical plastics by introducing up to 600,000 tonnes of recycled plastic. in its manufacturing process by 2030 and almost double the recovery of electronic waste. to 8 million tonnes the same year.
LG’s commitment to the environment was highlighted during Route to Net Zero: Asia 2021 organized last month by Carbon Trust, the London-based publicly funded organization founded 20 years ago to respond to climate change. The conference covered the many LG devices that have achieved the Carbon Trust Footprint and Water Footprint certification for their effectiveness in reducing household carbon dioxide emissions and water consumption to minimize the impact of the products on the environment. ‘environment.
“As an industry leader, LG takes its corporate citizenship responsibility in the global community very seriously,” said Kim Joon-ho, executive vice president and director of the Quality Management Center at LG Electronics. “LG is firmly committed to achieving our scientific goals of carbon neutrality and net zero so that future generations can always say that life is good. “
About LG Electronics, Inc.
LG Electronics is a global innovator in consumer electronics and technology with a presence in nearly every country and an international workforce of over 75,000 people. LG’s four companies – Home Appliance & Air Solution, Home Entertainment, Vehicle component Solutions and Business Solutions – combined for 2020 global revenue of over $ 56 billion. LG is a leading manufacturer of consumer and consumer products. Commercial ranging from televisions, home appliances, air solutions, monitors, service robots, automotive components and its premium brands LG SIGNATURE and smart LG ThinQ are household names around the world. Visit www.LGnewsroom.com for the latest news.
LG Electronics USA, Inc.
LG Electronics USA, Inc.
LG Electronics United States, based in Englewood Cliffs, NJ, is the North American subsidiary of LG Electronics, Inc., a $ 55 billion global technology and manufacturing innovator. In the United States, LG sells a wide range of energy efficient home appliances, home entertainment products, mobile phones, commercial displays, air conditioning systems, solar power solutions, LED lighting. and innovative vehicle components. LG’s focus on environmental sustainability and its “Life’s Good” marketing theme encompasses how LG is dedicated to making people happy by exceeding expectations for today and tomorrow. LG is an ENERGY STAR® Partner of the year 2018 for sustained excellence. www.LG.com.
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