Sustainability Report

Report overview

The report covers LG Chem's global operations, headquarters, production sites, sales offices, and R&D campuses for January-December 2023, excluding LG Energy Solution and FarmHannong. The company applies double materiality and reports ten material issues spanning climate action, circularity, supply chain, safety, diversity, human rights, product stewardship, and ethics. Its climate program includes 2030 Carbon-neutral Growth and 2050 Net-Zero commitments, while product carbon footprint assessments were completed for 100% of products. The report also records 2023 global Scope 1 emissions of 5,176,673 tCO2e, Scope 2 emissions of 4,381,526 tCO2e, and total energy consumption of 133,424 TJ, with assurance by LRQA.

Document

Report type: Sustainability Report
Class: Dedicated
Scope: Full report
Fiscal year: 2023
Period: 1 January 2023 – 31 December 2023
Publication date: 1 June 2024
Language
Pages
File size
Restatement: Disclosed

Standards & Assurance

Standards

GRI
SASB
TCFD
ISSB
ESRS
Integrated Reporting Framework
GHG Protocol
EU Taxonomy
CDP
Other

Commitments

UN Global Compact
UN Guiding Principles
Science Based Targets initiative

Ratings

GRI level
CDP score

Assurance

Provider
Level
Standard
Scope
Statement included
Metrics assured

ESG & Materiality

ESG data

Indicators available in this report:

Scope 1 emissions
Scope 2 emissions
Scope 3 emissions
Energy consumption
Renewable energy
Water consumption
Waste
Employees
Women on the board
Women in management
Workplace fatalities
Net zero target

Materiality

Assessment
Basis

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