{"id":95695,"date":"2025-02-18T10:40:08","date_gmt":"2025-02-18T10:40:08","guid":{"rendered":"https:\/\/ainalalam.com\/?p=95695"},"modified":"2025-02-18T10:40:08","modified_gmt":"2025-02-18T10:40:08","slug":"lg-earns-top-1-sustainability-ranking-from-sp-global-for-second-consecutive-year-company-recognized-as-one-of-the-worlds-most-responsible-and-sustainability-focused-corpo","status":"publish","type":"post","link":"https:\/\/ainalalam.com\/?p=95695","title":{"rendered":"LG EARNS \u201cTOP 1%\u201d SUSTAINABILITY RANKING FROM S&P GLOBAL FOR SECOND CONSECUTIVE YEAR Company Recognized as One of the World\u2019s Most Responsible and Sustainability-Focused Corporate Citizens"},"content":{"rendered":"[mhc_section admin_label=”\u0642\u0633\u0645” fullwidth=”on” specialty=”off”][mhc_fullwidth_menu admin_label=”\u0642\u0627\u0626\u0645\u0629 \u0628\u0639\u0631\u0636 \u0643\u0627\u0645\u0644” menu_id=”56″ background_color=”#ffffff” background_layout=”light” text_orientation=”center” 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Ain Alalam – Rashad Iskandrni<\/strong><\/p>\n

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Feb. 18<\/strong>, 202<\/strong>5<\/strong> \u2014 LG Electronics (LG) has once again secured a \u201cTop 1%\u201d ranking in S&P Global\u2019s Corporate Sustainability Assessment (CSA), marking the second consecutive year it has received this distinction. Scoring 77 out of 100, LG achieved the highest marks among the 66 companies in the CSA\u2019s Leisure Equipment & Products and Consumer Electronics industry category.<\/p>\n

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LG\u2019s consistent performance across multiple assessment categories reflects its commitment to responsible environmental, social and governance (ESG) management. The company received high marks in environmental criteria, demonstrating strong performance in waste and pollutants management, energy management program and climate strategy. It also scored well in social categories, including human rights, supply chain management and customer relations. Additionally, LG earned high ratings in governance for its transparency in reporting sustainability-related information.<\/p>\n

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S&P Global\u2019s CSA provides a comprehensive evaluation of companies\u2019 ESG performance, identifying the top 1 percent, 5 percent and 10 percent in each industry. Out of 7,690 companies across 62 industries assessed in the latest evaluation, only 66 achieved the \u201cTop 1%\u201d ranking.<\/p>\n

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Securing this recognition for consecutive years highlights LG\u2019s growing global acknowledgment as a leader in ESG management. The CSA serves as a key benchmark for investors worldwide, reinforcing LG\u2019s commitment to sustainable business practices.<\/p>\n

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To realize its Better Life For All<\/em> vision, LG has established six strategic tasks for ESG management. These are focused on what LG terms the \u201c3Cs\u201d for the planet (carbon neutrality, circularity and clean technology), and the \u201c3Ds\u201d for people (design for all, decent workplace and diversity & inclusion).<\/p>\n

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LG is furthering its commitment to sustainability with plans to transition to 100 percent renewable energy at all domestic and U.S. business sites, as well as international manufacturing facilities, by 2050. As part of its climate action strategy, the company aims to achieve carbon neutrality by 2030.<\/p>\n

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Notably, LG became the first home appliance company in South Korea to have its corporate greenhouse gas (GHG) emissions reduction targets validated by the Science Based Targets initiative (SBTi). The company is committed to reducing absolute Scope 1 and Scope 2 GHG emissions by 54.6 percent by 2030, using 2017 as the baseline year. Additionally, LG is committed to cutting Scope 3 emissions from the use of sold products by 20 percent per functional unit by 2030, based on a 2020 baseline.<\/p>\n

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Additionally, LG is enhancing resource efficiency by increasing the use of recycled plastics sourced from waste appliances and developing paper-based cushioning materials to reduce plastic use in packaging.<\/p>\n

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LG remains dedicated to fostering a strong corporate culture rooted in ethical business practices. The company has implemented its Code of Ethics<\/em> and Code of Conduct<\/em> across all business sites and has established Human Rights Principles<\/em> to uphold corporate integrity. LG continues to transparently communicate its business direction and corporate value enhancement plans, including the Future Vision 2030, the LG Electronics India IPO and shareholder return policies, ensuring meaningful engagement with stakeholders.<\/p>\n

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Furthermore, LG has reinforced its corporate governance structure by establishing clear guidelines on the independence, diversity and expertise of its independent directors, along with the implementation of its corporate governance charter.<\/p>\n

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\u201cAs a responsible global corporate citizen, LG remains dedicated to upholding the principles of good ESG management and will continue striving toward a future of shared, sustainable growth,\u201d said Hong Sung-min, head of LG\u2019s ESG Strategy Division.<\/p>\n[\/mhc_text][\/mhc_column][\/mhc_row][\/mhc_section]\n","protected":false},"excerpt":{"rendered":"

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