08.01.23
LG Display announced that it has published its 2023 ESG Report, which outlines last year's environmental, social, and governance (ESG) activities and achievements. The company's sustainability report has been revised and expanded from previous years to comprehensively cover its ESG strategies, achievements, and future plans.
In the environmental sector, LG Display underlined its commitment to "Net Zero" carbon emissions by 2050 in response to the climate crisis with a roadmap to reducing greenhouse gas emissions by 53% by 2030 and 67% by 2040, compared to 2018 figures.
To achieve these goals, the company has increased its greenhouse gas reduction efforts and energy-saving initiatives. This includes the establishment of facilities that reduce the greenhouse gases emitted during manufacturing by more than 90% while making full-fledged efforts to expand its new and renewable energy conversion and prioritize energy efficiency. As a result, the company managed to reduce its greenhouse gas emissions by a total of 2.35 million tons last year.
In addition, thanks to the company's persistent efforts to expand resource circulation, the wastewater reuse rate has been successfully increased to 174% through the implementation of a wastewater reuse system.
LG Display strengthened its capabilities in developing eco-friendly products and made every effort to reduce its environmental footprint and minimize its use of hazardous substances throughout the entire production process. The company achieved an industry-leading waste recycling rate of around 80% by redesigning and unifying materials, making them easier to recycle upon disposal.
The comprehensive report also summarizes the company's social activities, including the establishment of the LG Display ESG Behavior Rules to ensure partners comply as eco-friendly, ethical companies that quickly respond to the strengthening of global regulations.
In the environmental sector, LG Display underlined its commitment to "Net Zero" carbon emissions by 2050 in response to the climate crisis with a roadmap to reducing greenhouse gas emissions by 53% by 2030 and 67% by 2040, compared to 2018 figures.
To achieve these goals, the company has increased its greenhouse gas reduction efforts and energy-saving initiatives. This includes the establishment of facilities that reduce the greenhouse gases emitted during manufacturing by more than 90% while making full-fledged efforts to expand its new and renewable energy conversion and prioritize energy efficiency. As a result, the company managed to reduce its greenhouse gas emissions by a total of 2.35 million tons last year.
In addition, thanks to the company's persistent efforts to expand resource circulation, the wastewater reuse rate has been successfully increased to 174% through the implementation of a wastewater reuse system.
LG Display strengthened its capabilities in developing eco-friendly products and made every effort to reduce its environmental footprint and minimize its use of hazardous substances throughout the entire production process. The company achieved an industry-leading waste recycling rate of around 80% by redesigning and unifying materials, making them easier to recycle upon disposal.
The comprehensive report also summarizes the company's social activities, including the establishment of the LG Display ESG Behavior Rules to ensure partners comply as eco-friendly, ethical companies that quickly respond to the strengthening of global regulations.