LG Electronics (LG) has released its 2024-2025 Sustainability Report, highlighting the company’s progress toward its 2030 environmental targets, including reductions in greenhouse gas (GHG) emissions and advancements in resource circularity.
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).
In 2024, LG’s Scope 1 (direct) and Scope 2 (indirect) emissions totalled 910,000 tons of CO₂ equivalent (tCO₂eq), bringing the company close to its 2030 goal of 878,000 tons, according to the report. The company had previously set itself the goal to reduce GHG emissions by 54.6 percent (compared to 2017 levels) by 2030. LG says 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.
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 says it also collected 532,630 tons of used electronics from 91 locations in 56 countries last year, bringing its cumulative total since 2006 to over 5m tons. Additionally, LG increased the amount of recycled plastic used in its products by 36 percent year-over-year.
LG ranked in the top 1 percent of S&P Global’s Corporate Sustainability Assessment (CSA) for the second year in a row.
To download the full 2024-2025 report, click here.
