LG Chem Ltd 2017 SR
The report highlights LG Chem's record-breaking financial performance in 2017, achieving its highest sales and operating profit since its foundation. Key strategic developments included the merger with LG Life Sciences to launch the red bio business and the acquisition of FarmHannong for green bio. The company focused on future growth engines in energy, water, and biotechnology, while expanding its R&D investment to KRW 892.5 billion. Sustainability efforts centered on safety culture improvements, supply chain CSR management (specifically cobalt due diligence), and climate action through the expansion of ESS facilities and greenhouse gas reduction targets.
Company: LG Chem Ltd
Sector: Manufacturing
Country: South Korea
Year: 2017
Type: SR
Pages: 55
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LG Chem Ltd
Sustainability Report
The report highlights LG Chem's record-breaking financial performance in 2017, achieving its highest sales and operating profit since its foundation. Key strategic developments included the merger with LG Life Sciences to launch the red bio business and the acquisition of FarmHannong for green bio. The company focused on future growth engines in energy, water, and biotechnology, while expanding its R&D investment to KRW 892.5 billion. Sustainability efforts centered on safety culture improvements, supply chain CSR management (specifically cobalt due diligence), and climate action through the expansion of ESS facilities and greenhouse gas reduction targets.
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Document Details
Report Year
2017
Reporting Period
Jan 1, 2017 - Dec 31, 2017
Fiscal Year
2017
Published
Jun 1, 2018
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
Sustainable Development Goals
Other Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Water Consumption
Total Waste
Women in Management
Employees