- Only the top 2% of 24,000 global companies receive the "Leadership A" grade.
- Active promotion of eco-friendly management activities toward achieving the goals of "2030 RE100" and "2040 Net Zero."
- Company-wide renewable electricity conversion at 60%, with some operations having already achieved RE100.
SEOUL, South Korea, May 15, 2025 -- LG Innotek (CEO Moon Hyuksoo) announced that it has been awarded the 'Leadership A grade' in the 2024 Carbon Disclosure Project (CDP) Climate Change Response Assessments for the second consecutive year.
The CDP is a global initiative commissioned by major financial investment institutions to collect and assess environment-related information of major companies worldwide and provide relevant information to stakeholders through a public platform.
Conducted simultaneously in more than 130 countries around the world, the CDP assessment is recognized as one of the most reliable global sustainability assessments alongside the Dow Jones Sustainability Index (DJSI).
This year's climate change response category of the assessment included 24,836 companies worldwide. Only 424 companies, 2% of the total, received the 'Leadership A grade'.
LG Innotek was highly commended for its rapid implementation of tasks toward realizing its 'goals of achieving 100% renewable energy by 2030 (2030 RE100) and carbon neutrality by 2040 (2040 Net Zero)', led by a dedicated carbon neutrality team.
LG Innotek recognizes the gravity of climate change and has adopted climate change response as a top priority of its Environmental, Social, and Governance (ESG) management. To this end, the company has set the challenging 'goals of 2030 RE100 and 2040 Net Zero' and committed itself to the promotion of eco-friendly management activities.
The company is making multilateral efforts, including transitioning to renewable energy, increasing energy efficiency, and improving processes. It is putting all its efforts into converting electricity, which accounts for a high proportion of greenhouse gas emissions, into renewable energy.
It is expanding its use of renewable energy by acquiring a large-scale renewable energy supply chain primarily through Power Purchase Agreements (PPAs) and Virtual Power Purchase Agreements (VPPAs).
In the company's push to secure a stable renewable energy supply chain, it is engaging in a variety of activities, such as installing rooftop
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