Monday 26 July 2021

LG Electronics to transition to 100% renewable energy by 2050

LG Electronics has pledged to transition completely to using renewable energy by 2050.

The announcement follows the company's previous pledge to carbon neutrality, with a commitment to reduce carbon emissions in the production stage to 50% by 2030, compared to 2017 levels.

The transition to green energy will be implemented region by region, starting in North America where every office and manufacturing site will be powered by renewables within the year.

LG manufacturing facilities outside of Korea are on target to convert 50% of their electricity needs to renewable energy over the next four years.

The company is currently installing solar panels with a 3.2MW capacity on a manufacturing site in Noida, India, generating electricity to power LG's administrative office as well.

Park Pyung-gu, Senior Vice President at LG Electronics Safety & Environment Division said: “Our commitment to creating a better life for all can best be actualized by LG transition to renewable energy and achieving carbon neutrality.

“In today's world, innovation doesn't just happen in the lab, they must also happen in our factories and plants. Today's manufacturers have a once-in-a-lifetime opportunity to give the next generation a world worth inheriting and at LG, we take this responsibility very seriously.”