LG Electronics Achieves Thirteenth Year in Dow Jones Sustainability Index for ESG Excellence

LG Electronics Sets Benchmark in Sustainability Practices

LG Electronics continues to lead the way in corporate responsibility and sustainability by securing its place in the Dow Jones Sustainability World Index (DJSI World) for the thirteenth consecutive year. This achievement underscores LG's commitment to integrating environmental, social, and governance (ESG) considerations into its business model. Among the 2,500 largest global companies evaluated, LG stands out as the only South Korean representative in the Leisure Equipment & Products and Consumer Electronics category. The DJSI World serves as a crucial benchmark for investors looking for sustainable business practices, and LG’s consistent inclusion in this index reflects its long-standing dedication to ESG excellence.

The company has also earned recognition in the DJSI Asia Pacific and DJSI Korea for an impressive 15 and 16 consecutive years, respectively. High evaluations across various ESG metrics, including environmental policy, human rights, and supply chain management, highlight LG’s comprehensive approach to sustainability. Central to LG's strategy is its vision of "Better Life for All," which embodies a commitment to both planetary health and social equity. This vision is brought to life through the company's 3C strategy—focusing on Carbon neutrality, Circularity, and Clean technology—alongside a 3D approach emphasizing Decent workplace, Diversity & inclusion, and Design for all.

In pursuit of these ambitious goals, LG aims to achieve carbon neutrality in its manufacturing processes by 2030 and plans to transition to 100 percent renewable energy by 2050. The company sets specific targets to reduce direct and indirect greenhouse gas emissions by 54.6 percent from 2017 levels and to lower unit greenhouse gas emissions from its seven major product groups by 20 percent from 2020 levels during their usage phase. As a proactive participant in the UN Global Compact and the Responsible Business Alliance, LG is also focused on adhering to international human rights and labor standards, continually enhancing its human rights management processes in line with evolving global ESG legislation.

In summary, LG Electronics sets a high standard for sustainability in the consumer electronics sector, demonstrating that long-term commitment to ESG principles can lead to significant recognition and impact. As it continues to achieve milestones in sustainability, LG not only strengthens its own brand value but also positions itself as a leader in the industry, inspiring others to adopt similar practices. The company's forward-thinking strategies serve as a model for integrating sustainability into core business operations, paving the way for a more responsible and environmentally conscious future.