LG Electronics IncLG Electronics Inc - ESG Rating & Company Profile powered by AI

Industry Group:Household Durables

The webpage of LG Electronics Inc is assembled by All Street Sevva using cutting edge machine learning. Other corporations in the rating industry group for LG Electronics Inc are shown below. The page contains a questions and answers table on LG Electronics Inc.

LG Electronics Inc in the Household Durables industry gained a UN SDG ESG Transparency Score of 7.6; made up of an environmental score of 6.9, social score of 8.0 and governance score of 8.0.

SDG Transparency Score for LG Electronics Inc 
Low
0 - 3
Medium
4 - 6

7.6

High Impact
7 - 10
Last Score Update: 2023-07-01
What drives the score for LG Electronics Inc 
6.9

Environmental

8.0

Social

8.0

Governance

Detailed ESG Breakdown
SEVVA Platform offers unique drill down to the underlying sources powering the ratings. Break down your ESG analysis by 17 UN SDGs and 8 additional governance factors.

Peer Group Comparison

RankCompanySDG Transparency Score Performance
1Sony Group Corp
9.1
High
2Countryside Properties PLC
8.6
High
50Redrow PLC
7.7
High
50Rinnai Corp
7.7
High
61LG Electronics Inc
7.6
High
61China Automobile New Retail (Holdings) Ltd
7.6
High
61Elica SpA
7.6
High
.........
653Wuxi Little Swan Co Ltd
0.0
Low
653Yangzhou Seashine New Materials Co Ltd
0.0
Low
.........
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Frequently Asked Questions

Does LG Electronics Inc have an accelerator or VC vehicle to help deliver innovation?

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Does LG Electronics Inc disclose current and historical energy intensity?

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Does LG Electronics Inc report the average age of the workforce?

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Does LG Electronics Inc reference operational or capital allocation in relation to climate change?

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Does LG Electronics Inc disclose its ethnicity pay gap?

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Does LG Electronics Inc disclose cybersecurity risks?

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Does LG Electronics Inc offer flexible work?

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Does LG Electronics Inc have a long term incentive (LTI) executive compensation plan based on a measure of return on capital?

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Does LG Electronics Inc disclose the number of employees in R&D functions?

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Does LG Electronics Inc conduct supply chain audits?

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Does LG Electronics Inc disclose incidents of non-compliance in relation to the health and safety impacts of products and services?

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Is there a statment that there is no plan to expand their cement production? (for example: 'We have no current plans to add additional cement making capacity')

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Does LG Electronics Inc conduct 360 degree staff reviews?

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Does LG Electronics Inc disclose the individual responsible for D&I?

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Does LG Electronics Inc disclose current and historical air emissions?

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Is there a statment that there is no plan to expand their coal usage? (for example: 'We have no current plans to add additional coal powered electricity generation')

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Is executive remuneration linked to climate performance?

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Does the Board describe its role in the oversight of climate-related risks and opportunities?

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Does LG Electronics Inc disclose current and / or historical scope 2 emissions?

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Does LG Electronics Inc disclose water use targets?

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Does LG Electronics Inc have careers partnerships with academic institutions?

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Did LG Electronics Inc have a product recall in the last two years?

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Does LG Electronics Inc disclose incidents of discrimination?

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Does LG Electronics Inc allow for Work Councils/Collective Agreements to be formed?

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Has LG Electronics Inc issued a profit warning in the past 24 months?

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Does LG Electronics Inc disclose parental leave metrics?

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Does LG Electronics Inc disclose climate scenario or pathway analysis?

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Does LG Electronics Inc disclose current and / or historical scope 1 emissions?

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Are Operating Expesnses linked to emissions reduction?

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Does LG Electronics Inc disclose the pay ratio of women to men?

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Does LG Electronics Inc support suppliers with sustainability related research and development?

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Does LG Electronics Inc disclose the number of operations that have been subject to human rights reviews or human rights impact assessments?

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Does LG Electronics Inc reflect climate-related risks in its financial statements?

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Is there a statment that there is no plan to expand their carbon intensite energy assets? (for example: 'We have no current plans to carry out further drilling for oil,')

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Is LG Electronics Inc involved in embryonic stem cell research?

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Does LG Electronics Inc disclose GHG and Air Emissions intensity?

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Does LG Electronics Inc disclose its waste policy?

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Does LG Electronics Inc report according to TCFD requirements?

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Does LG Electronics Inc disclose its policies for bribery, corruption, whistle-blower, conflict of interest?

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Does LG Electronics Inc disclose energy use targets?

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Does LG Electronics Inc disclose its Renewable Energy targets?

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Are emissions metrics verified by STBi?

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Does LG Electronics Inc have a policy relating to cyber security?

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Potential Risks for LG Electronics Inc
These potential risks are based on the size, segment and geographies of the company.

LG Electronics Inc., together with its subsidiaries, manufactures and sells consumer electronics, mobile communications, and home appliances worldwide. It operates through Home Appliance & Air Solution, Home Entertainment, Mobile Communications, Vehicle Components Solutions, and Business Solutions segments. The company offers refrigerators, washing machines, vacuum cleaners, air conditioners, air purifiers, and mobile communication products. It also provides digital, OLED, and LED signages, and commercial TV's for corporate, retail, QSR, transportation, hospitality, healthcare, and education sectors; commercial, residential, and utility ESS for PV self-consumption and frequency regulation applications; solar panels; commercial laundry products, including washer and dryer; compressor and motors; and LG Smart Solution, a cloud service that connects businesses and machines to business owners, as well as content management systems. In addition, the company offers monitors and PC's, laptops, medical displays, cloud devices, and projectors; and VRF, single and multi-splits, single packaged, heating solutions, chiller, and control solutions for residence, retail, office, hotel, shopping mall, and hospital, as well as maintenance and related services. It sells its products under the LG brand name. The company was formerly known as GoldStar and changed its name to LG Electronics Inc. in 1995. LG Electronics Inc. was founded in 1958 and is headquartered in Seoul, South Korea.

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