LG promotes 2050 carbon neutrality and preemptively responds to climate risks
Nov 27, 2025
LG is proactively responding to climate risks by actively promoting carbon neutrality (Net Zero, Net Zero) that will make net carbon emissions zero by 2050. In addition, it will accelerate ESG activities such as social contribution activities to save the natural ecosystem.
LG recently published 'LG Net Zero Special Reporting 2024' which contains the results and action plans for 2024 carbon reduction. The report targeted seven affiliates that account for the bulk of the group's carbon emissions, including LG Electronics, LG Display, LG Innotek, LG Chem, LG Energy Solution, LG Household & Health Care and LG Uplus.
LG plans to achieve net zero in 2050 by gradually reducing carbon emissions by 34% in 2030 and 52% in 2040 compared to 2018 through continuous carbon neutrality practice. LG cut about 5.39 million tons of carbon last year, reducing its emissions by 26 percent year-on-year. Considering that 40 tons are usually reduced per hectare of forest area, this is the same effect as creating a forest about 2.2 times the area of Seoul. LG Chem and other affiliates plan to expand direct reduction measures by actively applying new technologies such as low-carbon fuel conversion and hydrogen utilization.
Renewable energy conversion rates were significantly expanded to 30% in 2024, achieving the 2025 target early. This is the result of each affiliate actively converting the necessary power into renewable energy through green premium, purchase of renewable energy certificates, and self-power generation. In addition, in order to achieve efficient net-zero, LG is more elaborately implementing the carbon neutrality status by subdividing the carbon neutrality roadmap by 2030 into affiliates, business sectors, countries, and workplaces.
Meanwhile, LG has established a climate risk management system that reflects international standards and is advancing it every year to proactively respond to climate risks. Each affiliate manages climate risks such as climate risk scenarios and potential financial impacts, and prepares detailed response manuals based on climate risks such as typhoons and floods.
LG is capturing business opportunities in climate risks by fostering the clean tech business, one of the group's future growth engines ABC (AI, bio, and clean tech). LG Electronics is implementing carbon reduction by increasing energy efficiency through HVAC (green air conditioning) solutions, LG Chem produces cathode materials with waste battery recycling technology, and LG Uplus is implementing carbon reduction by building an urban eco-friendly data center in Pyeongchon, Gyeonggi-do.
In addition, LG's major affiliates are making substantial achievements in various projects that meet the government's designated green economic activities 'K-Taxonomy'. Last year, LG's major affiliates achieved sales of KRW 8.45 trillion in battery materials such as cathode materials, electric vehicle components, HVAC, heat pumps, smart factories, data centers (IDC), waste plastic recycling (PCR) products, and blue hydrogen manufacturing, except for LG Energy Solution's battery business.
LG recently published 'LG Net Zero Special Reporting 2024' which contains the results and action plans for 2024 carbon reduction. The report targeted seven affiliates that account for the bulk of the group's carbon emissions, including LG Electronics, LG Display, LG Innotek, LG Chem, LG Energy Solution, LG Household & Health Care and LG Uplus.
LG plans to achieve net zero in 2050 by gradually reducing carbon emissions by 34% in 2030 and 52% in 2040 compared to 2018 through continuous carbon neutrality practice. LG cut about 5.39 million tons of carbon last year, reducing its emissions by 26 percent year-on-year. Considering that 40 tons are usually reduced per hectare of forest area, this is the same effect as creating a forest about 2.2 times the area of Seoul. LG Chem and other affiliates plan to expand direct reduction measures by actively applying new technologies such as low-carbon fuel conversion and hydrogen utilization.
Renewable energy conversion rates were significantly expanded to 30% in 2024, achieving the 2025 target early. This is the result of each affiliate actively converting the necessary power into renewable energy through green premium, purchase of renewable energy certificates, and self-power generation. In addition, in order to achieve efficient net-zero, LG is more elaborately implementing the carbon neutrality status by subdividing the carbon neutrality roadmap by 2030 into affiliates, business sectors, countries, and workplaces.
Meanwhile, LG has established a climate risk management system that reflects international standards and is advancing it every year to proactively respond to climate risks. Each affiliate manages climate risks such as climate risk scenarios and potential financial impacts, and prepares detailed response manuals based on climate risks such as typhoons and floods.
LG is capturing business opportunities in climate risks by fostering the clean tech business, one of the group's future growth engines ABC (AI, bio, and clean tech). LG Electronics is implementing carbon reduction by increasing energy efficiency through HVAC (green air conditioning) solutions, LG Chem produces cathode materials with waste battery recycling technology, and LG Uplus is implementing carbon reduction by building an urban eco-friendly data center in Pyeongchon, Gyeonggi-do.
In addition, LG's major affiliates are making substantial achievements in various projects that meet the government's designated green economic activities 'K-Taxonomy'. Last year, LG's major affiliates achieved sales of KRW 8.45 trillion in battery materials such as cathode materials, electric vehicle components, HVAC, heat pumps, smart factories, data centers (IDC), waste plastic recycling (PCR) products, and blue hydrogen manufacturing, except for LG Energy Solution's battery business.
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This article was translated by Naver AI translator.
