LG Electronics has reduced its Scope 3 emissions by 19.4% since 2020, through the expanded use of AI and other energy-saving technologies, the company said in its 2024–2025 Sustainability Report.
The Korean electronics giant said in its report that it was making ‘strong progress’ towards its 2030 environmental goals, with the company performing ahead of target in terms of Scope 1 and 2 emissions reduction.
The sustainability report highlights the company’s efforts to ’embed sustainability into its operations as part of its vision for a Better Life for All’, it noted.
Emissions reduction
In 2024, LG’s Scope 1 and 2 emissions totalled 910,000 tonnes of CO₂ equivalent, meaning it is now close to achieving its 2030 target of 878,000 tonnes ahead of schedule.
It had previously set itself the goal of reducing emissions by 54.6%, compared to 2017 levels, by 2030, with the early achievement of this goal driven by ‘proactive adoption of energy-efficient equipment and carbon-reduction technologies across multiple production processes’, the company said.
LG was also the first Korean home appliance firm to have its emissions reduction targets validated by the Science Based Targets initiative (SBTi).
Waste recycling
LG has also surpassed its 2030 targets for waste recycling, achieving a 97.4% waste recycling rate at its global production sites in 2024.
It had set itself a 95% waste recycling target for the end of the decade, however last year alone, it collected more than 532,000 tonnes of used electronics, from 91 locations in 56 countries. This brings its cumulative total of used appliance collection since 2006 to over 5 million tonnes.
The company is making progress in the use of recycled plastics, increasing the amount of recycled plastic used in its products by 36% year-on-year.
‘LG continues to strengthen its approach to responsible management through a governance structure rooted in compliance and ethics,’ it said in a statement. ‘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.’ Read more here.
